New Gold: A Copper-Heavy Future In A Golden World
I Initiate coverage of New Gold Inc. (NGD) with a Strong Buy rating due to the stock's recent pull-back and promising medium-term production outlook. Rainy River and New Afton mines in Canada show strong production potential, with significant gold, silver, and copper output expected in the next three years. I expect at least 15% upside with a $3.90 price target, but maintain a small position due to higher risks associated with mid-tier gold producers.
New Gold Inks Deal to Acquire Remaining Stake in New Afton Mine
NGD signs a deal with Ontario Teachers' Pension Plan to acquire 19.9% free cash flow interest in the New Afton Mine.
Will New Gold (NGD) Beat Estimates Again in Its Next Earnings Report?
New Gold (NGD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
New Gold Stock: Production And Margin Increases Continue
New Gold reported its highest production in 2024, with 80,400 ounces of gold and 14.5 million pounds of copper in Q4, driven by higher feed grades. Production is expected to increase in 2025 and beyond, driving New Gold's growth. Increased margins and cash flow growth, coupled with a positive outlook for copper and gold prices, provide a strong tailwind for NGD.
New Gold (NGD) Declines More Than Market: Some Information for Investors
In the latest trading session, New Gold (NGD) closed at $3.33, marking a -1.48% move from the previous day.
New Gold (NGD) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, New Gold (NGD) closed at $3.19, marking a -1.24% move from the previous day.
New Gold: A Solid Buy-The-Dip Candidate
New Gold missed its 2024 production guidance in 2024, but managed to easily beat its cost guidance midpoint and remains on schedule at C-Zone and Main Zone UG. These two growth projects are expected to result in significant production growth at higher margins over the next few years, translating to surging free cash flow for this small-cap miner. In this update, we'll dig into the Q4 & FY2024 results, recent developments and whether the stock is offering an adequate margin of safety at current levels.
New Gold Inc. (NGD) Q4 2024 Earnings Call Transcript
New Gold Inc. (NYSE:NGD ) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Ankit Shah - Executive Vice President, Strategy & Business Development Keith Murphy - Chief Financial Officer Patrick Godin - President & Chief Executive Officer Conference Call Participants Eric Winmill - Scotiabank Operator Good morning. My name is Vincent and I'll be your conference operator today.
Will New Gold (NGD) Beat Estimates Again in Its Next Earnings Report?
New Gold (NGD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
New Gold (NGD) Upgraded to Buy: Here's What You Should Know
New Gold (NGD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
New Gold (NGD) Flat As Market Sinks: What You Should Know
In the most recent trading session, New Gold (NGD) closed at $2.99, indicating no shift from the previous trading day.
New Gold (NGD) Is Up 3.78% in One Week: What You Should Know
Does New Gold (NGD) have what it takes to be a top stock pick for momentum investors? Let's find out.
