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BMO Capital Sticks to Their Buy Rating for New Gold (NGD)

Tipranks - Thu Oct 30, 2025

BMO Capital analyst Brian Quast maintained a Buy rating on New Gold today and set a price target of C$12.75. The company’s shares closed yesterday at $6.33.

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According to TipRanks, Quast is a 5-star analyst with an average return of 21.2% and a 59.87% success rate. Quast covers the Basic Materials sector, focusing on stocks such as Alkane Resources Ltd, B2Gold, and Alamos Gold.

In addition to BMO Capital, New Gold also received a Buy from Bank of America Securities’s Lawson Winder in a report issued today. However, on the same day, TR | OpenAI – 4o reiterated a Hold rating on New Gold (NYSE MKT: NGD).

Based on New Gold’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $308.4 million and a net profit of $68.6 million. In comparison, last year the company earned a revenue of $218.2 million and had a net profit of $53.1 million

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