When does New Gold report earnings and why does it matter for NGD.TO stock?

New Gold reports on **24 Mar 2026**. The release matters because production, AISC and free cash flow will drive short-term price moves in NGD.TO stock and set guidance for capital spending and dividend prospects.

What are the main valuation metrics to watch for NGD.TO stock?

Key metrics are **PE 29.61**, EPS **0.44**, price-to-book **~6.07**, EV/EBITDA **~13.21** and free cash flow per share **0.08**. These show a premium valuation that hinges on operational execution.

How does Meyka AI view NGD.TO stock and the forecast upside?

Meyka AI rates NGD.TO **70.62/100 (B+, BUY)** and models a 12-month forecast of **C$22.72**, implying about **74.39%** upside from **C$13.03**. Forecasts are projections, not guarantees.

What short-term technical levels should traders watch for NGD.TO stock?

Watch support near **C$12.90–C$12.96** and resistance around the 50-day average **C$15.34**. RSI **35.41** and MACD negative suggest a cautious trade or wait for confirmation.

CA Stocks

NGD.TO New Gold (TSX) drops 8.17% to C$13.03 on 18 Mar 2026: earnings ahead, watch margins

ByHuzaifa Zahoor March 19, 2026March 19, 2026

NGD.TO stock slid -8.17% to C$13.03 at market close on 18 Mar 2026, the sharpest one-day move ahead of New Gold’s earnings next week. The decline followed heavier selling and a session low of C$12.96 on volume of 1,626,461 shares as investors priced in execution risk at Rainy River and New Afton. With an earnings release scheduled for 24 Mar 2026, the market is focused on production, costs and free cash flow. We review the reported metrics, short-term technicals and Meyka AI’s forecast to frame actionable outcomes for Canadian TSX investors.