With 17.88 million shares changed hands, the volume of the stock remained heavier than its average volume of 10.35 million shares. The 52-week range on NGD shows that it touched its highest point at $3.25 and its lowest point at $1.10 during that stretch. It currently has a 1-year price target of $3.65. Beta for the stock currently stands at 1.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NGD was down-trending over the past week, with a drop of -6.93%, but this was up by 0.36% over a month. Three-month performance surged to 5.62% while six-month performance rose 6.02%. The stock gained 145.22% in the past year, while it has gained 13.71% so far this year. A look at the trailing 12-month EPS for NGD yields 0.12 with Next year EPS estimates of 0.63. For the next quarter, that number is 0.02. This implies an EPS growth rate of 61.88% for this year and 93.09% for next year.
Float and Shares Shorts:
At present, 790.93 million NGD shares are outstanding with a float of 759.99 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NGD since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.20947 being high and $0.16957 being low. For NGD, this leads to a yearly average estimate of $0.18952. Based on analyst estimates, the high estimate for the next quarter is $0.12 and the low estimate is $0.07. The average estimate for the next quarter is thus $0.09.
