New Gold Inc (TO:NGD) — Market Cap & Net Worth
Market Cap & Net Worth: New Gold Inc (NGD)
New Gold Inc (TO:NGD) has a market capitalization of $6.96 Billion (CA$9.63 Billion) as of May 2, 2026. Listed on the TO stock exchange, this Canada-based company holds position #2867 globally and #95 in its home market, demonstrating a -16.77% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying New Gold Inc's stock price CA$12.16 by its total outstanding shares 791726904 (791.73 Million). Analyse New Gold Inc (NGD) cash conversion ratio to see how efficiently the company converts income to cash.
New Gold Inc Market Cap History: 2015 to 2026
New Gold Inc's market capitalization history from 2015 to 2026. Data shows growth from $1.84 Billion to $6.96 Billion (12.55% CAGR).
Index Memberships
New Gold Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
S&P TSX Composite Index (Canada)
GSPTSE
|
$3.68 Trillion | 0.19% | #87 of 225 |
Weight: New Gold Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
New Gold Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how New Gold Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
2.22x
New Gold Inc's market cap is 2.22 times its annual revenue
Latest Price to Earnings (P/E) Ratio
20.04x
New Gold Inc's market cap is 20.04 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $1.84 Billion | $712.90 Million | -$201.40 Million | 2.59x | N/A |
| 2016 | $2.70 Billion | $683.80 Million | $2.70 Million | 3.94x | 999.08x |
| 2017 | $2.37 Billion | $604.40 Million | -$108.00 Million | 3.91x | N/A |
| 2018 | $601.36 Million | $604.50 Million | -$1.23 Billion | 0.99x | N/A |
| 2019 | $658.63 Million | $630.60 Million | -$73.50 Million | 1.04x | N/A |
| 2020 | $1.60 Billion | $643.40 Million | -$79.30 Million | 2.49x | N/A |
| 2021 | $1.08 Billion | $745.50 Million | $140.60 Million | 1.45x | 7.70x |
| 2022 | $761.72 Million | $604.40 Million | -$66.80 Million | 1.26x | N/A |
| 2023 | $1.10 Billion | $786.50 Million | -$64.50 Million | 1.40x | N/A |
| 2024 | $2.06 Billion | $924.50 Million | $102.60 Million | 2.22x | 20.04x |
Competitor Companies of NGD by Market Capitalization
Companies near New Gold Inc in the global market cap rankings as of May 2, 2026.
Key companies related to New Gold Inc by market ranking:
- Newmont Goldcorp Corp (NYSE:NEM): Ranked #196 globally with a market cap of $118.53 Billion USD.
- Newmont Corporation (AU:NEM): Ranked #199 globally with a market cap of $117.44 Billion USD ( AU$165.97 Billion AUD).
- Zijin Mining Group Co Ltd Class A (SHG:601899): Ranked #243 globally with a market cap of $100.38 Billion USD ( CN¥686.01 Billion CNY).
- Agnico Eagle Mines Limited (TO:AEM): Ranked #284 globally with a market cap of $90.48 Billion USD ( CA$125.08 Billion CAD).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #196 | Newmont Goldcorp Corp | NYSE:NEM | $118.53 Billion | $108.62 |
| #199 | Newmont Corporation | AU:NEM | $117.44 Billion | AU$153.69 |
| #243 | Zijin Mining Group Co Ltd Class A | SHG:601899 | $100.38 Billion | CN¥33.30 |
| #284 | Agnico Eagle Mines Limited | TO:AEM | $90.48 Billion | CA$249.67 |
New Gold Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, New Gold Inc's market cap moved from $1.84 Billion to $ 6.96 Billion, with a yearly change of 12.55%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$6.96 Billion | +1.67% |
| 2025 | CA$6.85 Billion | +233.15% |
| 2024 | CA$2.06 Billion | +86.98% |
| 2023 | CA$1.10 Billion | +44.36% |
| 2022 | CA$761.72 Million | -29.63% |
| 2021 | CA$1.08 Billion | -32.50% |
| 2020 | CA$1.60 Billion | +143.48% |
| 2019 | CA$658.63 Million | +9.52% |
| 2018 | CA$601.36 Million | -74.58% |
| 2017 | CA$2.37 Billion | -12.31% |
| 2016 | CA$2.70 Billion | +46.27% |
| 2015 | CA$1.84 Billion | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of New Gold Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $6.96 Billion USD |
| MoneyControl | $6.96 Billion USD |
| MarketWatch | $6.96 Billion USD |
| marketcap.company | $6.96 Billion USD |
| Reuters | $6.96 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About New Gold Inc
New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. … Read more