New Gold Inc. (NGD)
| Market Cap | 2.20B |
| Revenue (ttm) | 861.50M |
| Net Income (ttm) | 20.10M |
| Shares Out | 790.90M |
| EPS (ttm) | 0.02 |
| PE Ratio | 117.60 |
| Forward PE | 8.62 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 7,062,868 |
| Open | 2.750 |
| Previous Close | 2.780 |
| Day's Range | 2.740 - 2.830 |
| 52-Week Range | 1.090 - 3.250 |
| Beta | 1.59 |
| Analysts | Buy |
| Price Target | 3.04 (+9.35%) |
| Earnings Date | Oct 29, 2024 |
About NGD
New Gold Inc., an intermediate gold mining company, develops and operates 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. is headquartered in Toronto, Canada. [Read more]
Financial Performance
In 2023, New Gold's revenue was $786.50 million, an increase of 30.13% compared to the previous year's $604.40 million. Losses were -$64.50 million, -3.44% less than in 2022.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for NGD stock is "Buy." The 12-month stock price forecast is $3.04, which is an increase of 9.35% from the latest price.
News
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New Gold: Grade Shortfall At Rainy River Weighs On 2024 Outlook
New Gold had a decent Q3-24, but lower grades and a tragic fatality at Rainy River have resulted in a cut to its FY2024 guidance. On a positive note, the company hit its free cash flow inflection poin...
New Gold Inc. (NGD) Q3 2024 Earnings Call Transcript
New Gold Inc. (NYSE:NGD) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Ankit Shah - Executive Vice President, Strategy & Business Development Patrick Godin - Presi...
NEW GOLD REPORTS THIRD QUARTER 2024 RESULTS
Strong All-in Sustaining Costs Drive Increasing Margins and Record Free Cash Flow Generation, Provides 2024 Operational Outlook Update (All amounts are in U.S. dollars unless otherwise indicated) TORO...
NEW GOLD ANNOUNCES COMMERCIAL PRODUCTION AT NEW AFTON'S C-ZONE AND FIRST ORE FROM RAINY RIVER UNDERGROUND MAIN AHEAD OF SCHEDULE
Projects are Expected to Drive Significant Production Growth and Cost Reduction TORONTO , Oct. 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pl...
NEW GOLD PROVIDES NOTICE OF RELEASE OF THIRD QUARTER 2024 RESULTS AND CONFERENCE CALL
TORONTO , Oct. 2, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its third quarter 2024 operational and financ...
'Can you do more?' - New Gold's Patrick Godin on investors pushing miners to grow production
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
New Gold: Production Upside, Significant EBITDA Margin Expansion
Initiating coverage on New Gold with a “Buy” rating and a 36-month horizon due to strong fundamentals and potential for production growth and margin expansion. New Gold's liquidity buffer of $461 mill...
NEW GOLD ANNOUNCES CONTINUED GROWTH AT NEW AFTON'S K-ZONE AND HW ZONE
Highlights the Upside Potential from Multiple High-Grade Copper-Gold Porphyry Zones in the Eastern Sector of the Mine TORONTO , Sept. 16, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company"...
NEW GOLD EXPANDS OPEN PIT AND UNDERGROUND MINERALIZATION AT RAINY RIVER, DEMONSTRATES STRONG SUPPORT FOR MINERAL RESOURCES GROWTH
TORONTO , Sept. 11, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to provide an update on its ongoing Rainy River exploration program.
NEW GOLD STRENGTHENS BOARD WITH SEASONED APPOINTMENTS
TORONTO , Sept. 9, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that Sophie Bergeron and Ross Bhappu have been appointed to it...
New Gold Inc. (NGD) Q2 2024 Earnings Call Transcript
New Gold Inc. (NYSE:NGD) Q2 2024 Results Conference Call July 31, 2024 8:30 AM ET Company Participants Ankit Shah - EVP, Strategy and Business Development Patrick Godin - President and CEO Keith Murp...
NEW GOLD APPOINTS RICHARD O'BRIEN CHAIR OF THE BOARD
TORONTO , July 31, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that Richard O'Brien has been appointed as Chair of the Board ...
NEW GOLD REPORTS SECOND QUARTER 2024 RESULTS
Company Enters Sustained Free Cash Flow Generation Period (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , July 30, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company"...
NEW GOLD APPOINTS CHRISTIAN MILAU TO THE BOARD OF DIRECTORS
TORONTO , July 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that Christian Milau has been appointed to its Board of Direct...
NEW GOLD ANNOUNCES OPERATIONS AT THE RAINY RIVER MINE HAVE RESUMED
TORONTO , July 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces that operations resumed during the day shift on Saturday July 27th at the R...
NEW GOLD REPORTS FATALITY AT THE RAINY RIVER MINE
TORONTO , July 24, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) deeply regrets that early this morning, July 24 th, 2024, an employee operating a pie...
NEW GOLD PROVIDES NOTICE OF RELEASE OF SECOND QUARTER 2024 RESULTS AND CONFERENCE CALL
TORONTO , July 9, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its second quarter 2024 operational and finan...
New Gold: Stock To Outperform On Favorable Metal Prices And New Growth
New Gold Inc. is an attractive small-cap mining stock benefitting from strong gold and copper prices. New Gold's investments should help drive strong growth in 2024 and 2025. New Gold's above-average ...
NEW GOLD PUBLISHES 2023 ESG REPORTS
PROVIDES CORPORATE ACTIVITIES UPDATE (All dollar figures are in US dollars unless otherwise indicated) TORONTO , June 4, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYS...
NEW GOLD INTERSECTS WIDE, HIGH-GRADE COPPER-GOLD PORPHYRY MINERALIZATION AT NEW AFTON'S K-ZONE
EXTENDS K-ZONE ABOVE THE ELEVATION OF THE C-ZONE EXTRACTION LEVEL TORONTO , May 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to provid...
NEW GOLD COMPLETES US$173 MILLION BOUGHT DEAL FINANCING
(All dollar figures are in US dollars unless otherwise indicated) TORONTO , May 17, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announ...
NEW GOLD ANNOUNCES RESULTS OF VOTE FOR ELECTION OF BOARD OF DIRECTORS
TORONTO , May 15, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today announces the voting results from the election of its Board of Directors at New ...
New Gold Increases Exposure in New Afton Copper/Gold Mine to 80% and Launches US$150 Million Bought Deal Financing
(All dollar figures are in US dollars unless otherwise indicated) TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) is pleased to annou...
