Earnings per share (EPS) is anticipated to be $0.24 with a revenue projection of $477 million for the upcoming quarterly earnings.The average brokerage recommendation (ABR) for New Gold is 1.33, indicating a strong buy to buy sentiment among analysts.Key financial metrics include a price-to-earnings (P/E) ratio of 29.02, a debt-to-equity ratio of 0.32, and a current ratio of 0.88, highlighting the company's market position and financial health.New Gold Inc. (AMEX:NGD) is a prominent player in the mining ind ...

Mar 23, 2026 6:30 AM Eastern Daylight Time Coeur Provides Company Update Post-New Gold Closing Share Coeur Provides Company Update Post-New Gold Closing Provides Consolidated 2026 Guidance and Announces Updated Capital Return Program Issues Updated Year-End Reserves and Resources for Rainy River and New Afton, Including Maiden K-Zone Resource at New Afton and Two Years of Additional Mine Life at Rainy River Coeur's enhanced financial policy seeks to generate per share value for stockholders and position the ...

Coeur Mining, Inc. Announces Commencement of Exchange Offer and Consent Solicitation for New Gold Senior Notes In conjunction with the Exchange Offer, Coeur is concurrently soliciting consents (the "Consent Solicitation†) to adopt certain proposed amendments to the indenture governing the Existing Notes (the "Existing Notes Indenture†) to, among other things, eliminate from the Existing Notes Indenture (i) substantially all of the restrictive covenants and (ii) certain of the events which may lead to an ...

Core Viewpoint - New Gold Inc. has successfully completed a plan of arrangement where Coeur Mining, Inc. has acquired all outstanding shares of New Gold, with shareholders receiving 0.4959 shares of Coeur for each New Gold share held [1]. Group 1: Transaction Details - The acquisition will lead to the delisting of New Gold common shares from the Toronto Stock Exchange and NYSE American [2]. - Coeur plans to have New Gold cease to be a reporting issuer under Canadian securities laws following the transaction [2]. Group 2: Company Overview - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the New Afton copper-gold mine and the Rainy River gold mine [3]. - The company's vision is to be the most valued intermediate gold and copper producer through profitable and responsible mining for shareholders and stakeholders [3].

Core Insights - New Gold Inc. (NGD) is set to release its quarterly earnings on March 18, 2026, with Wall Street expecting earnings per share of $0.24 and revenue of $477 million [1][6] Institutional Investment Changes - ArrowMark Colorado Holdings LLC reduced its stake in NGD by 13%, selling 230,000 shares, leaving them with 1.54 million shares valued at $11 million [2][6] - Other institutional investors, such as Creative Planning and TD Waterhouse Canada Inc., increased their holdings by 8.1% and 8.9%, respectively [2][6] Financial Metrics Overview - NGD has a price-to-earnings (P/E) ratio of 32.98, indicating strong investor confidence in its earnings potential [3][6] - The company’s price-to-sales ratio is 6.65, and its enterprise value to sales ratio is 6.87, reflecting its market valuation relative to revenue and sales [3] - The enterprise value to operating cash flow ratio stands at 12.80, and the earnings yield is 3.03%, providing insights into cash flow valuation and investment returns [4] - NGD's debt-to-equity ratio is 0.32, suggesting a balanced financing approach with moderate debt levels [4] - The current ratio of 0.88 may indicate potential liquidity issues, which investors should monitor closely [5][6]

Company Performance - New Gold (NGD) stock decreased by 2.99% to $10.72, underperforming the S&P 500 which fell by 1.52% [1] - Over the past month, New Gold shares have declined by 2.9%, compared to a 5.1% loss in the Basic Materials sector and a 2.25% loss in the S&P 500 [1] Earnings Projections - Analysts project New Gold's earnings per share (EPS) to be $0.27, indicating a significant increase of 285.71% from the same quarter last year [2] - Full-year Zacks Consensus Estimates forecast earnings of $0.66 per share and revenue of $0 million, representing year-over-year changes of +230% and 0%, respectively [2] Analyst Estimates - Recent adjustments to analyst estimates for New Gold reflect changing business trends, with upward revisions indicating positive sentiment towards the company's operations and profit generation capabilities [3] Zacks Rank and Valuation - New Gold currently holds a Zacks Rank of 1 (Strong Buy), with a consensus EPS projection that has increased by 5.82% in the past 30 days [5] - The company has a Forward P/E ratio of 6.75, which is lower than the industry average Forward P/E of 11.23, indicating a valuation discount [6] Industry Context - The Mining - Gold industry, part of the Basic Materials sector, has a Zacks Industry Rank of 26, placing it in the top 11% of over 250 industries [6] - The Zacks Industry Rank measures the strength of industry groups, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Core Insights - New Gold Inc. (NGD) has experienced a significant stock price increase of 242.1% over the past year, outperforming the Zacks Mining-Gold industry's increase of 131.2% and the S&P 500's rise of 26.1% [1] - The company is set to be acquired by Coeur Mining, Inc. in an all-stock transaction valued at approximately $7 billion, which is expected to enhance New Gold's scale and financial strength [22][23] Financial Performance - In Q4 2025, New Gold produced 107,778 ounces of gold and 11 million pounds of copper, reflecting a 2% growth in gold production but a 24% decline in copper production year-over-year [10] - The company generated $300.7 million in operating cash flow, marking a 135% year-over-year increase, driven by higher metal prices and stronger gold sales volumes [15] - New Gold ended the third quarter with cash and cash equivalents of approximately $123.3 million, indicating improved liquidity [14] Production and Operational Highlights - The Rainy River Mine was the primary contributor to production, yielding 94,423 ounces of gold in Q4 2025, which accounted for about 88% of the company's total gold production [11] - Average mill throughput increased to 26,480 tons per day from 22,656 tons per day a year ago, and the gold grade improved to 1.29 g/t from 0.97 g/t, representing a 33% increase [12] - The New Afton Mine saw a decline in production due to the depletion of the B3 cave, producing 13,355 ounces of gold and 11 million pounds of copper in Q4 2025, reflecting a 32% year-over-year decline in gold production [13] Strategic Developments - New Gold is advancing key development initiatives at the Rainy River and New Afton mines, including the Underground Main expansion and the C-Zone block cave project, which are expected to enhance production stability and extend mine life [19][20] - The East Extension project is anticipated to begin production around mid-2026, further supporting long-term production growth [21] Market Position and Valuation - The Zacks Consensus Estimate for NGD's fiscal 2025 earnings is currently pegged at 66 cents per share, suggesting a year-over-year growth of 230%, with estimates for 2026 at $1.64 per share, implying 148.5% growth [26] - NGD is currently trading at a forward 12-month price-to-earnings multiple of 6.99X, below the industry average of 13.1X, making it an attractive investment opportunity [27][29]

Group 1: Market Performance - New Gold's stock experienced a significant decline, falling by 17% over the week due to decreasing precious metal prices [1] - The current market capitalization of New Gold is $8.8 billion, with a current stock price of $11.20 [7][8] - The stock has a 52-week range of $2.73 to $13.63, indicating substantial volatility [8] Group 2: Precious Metals Market Dynamics - Precious metals, including gold, had previously reached an all-time high price of nearly $5,600 per ounce in late January, driven by inflation concerns and geopolitical tensions [2][4] - Recent market developments, such as the strengthening of the U.S. dollar and profit-taking by investors, have led to a sell-off in precious metals [5] Group 3: Company Status and Future Outlook - New Gold is currently in a state of uncertainty due to its pending acquisition by Coeur Mining, with several regulatory approvals still required [6] - Despite the challenges, there is optimism that the merger will conclude soon, and the precious metals market may see a resurgence due to ongoing geopolitical uncertainties [8]

Industry Overview - Gold and silver experienced significant gains in 2025, driven by investor demand for safe-haven assets amid economic and geopolitical uncertainties, with spot gold surpassing $5,500 per ounce and silver exceeding $120 per ounce [1] - Recent tariff uncertainties have reignited demand for gold and silver, as U.S. President Donald Trump proposed increasing temporary tariffs from 10% to 15%, impacting investor sentiment and the U.S. dollar [2] - Geopolitical tensions, particularly involving Iran, and higher-than-expected U.S. inflation data have further increased the appeal of gold and silver as defensive assets [4] Centerra Gold - Centerra Gold produced 275,316 ounces of gold in 2025, exceeding its guidance range, with significant contributions from Mount Milligan and Öksüt mines [8] - The company has a strong financial position with nearly $929 million in liquidity, including $529 million in cash and no debt, supporting its growth pipeline [9] - The Zacks Consensus Estimate for Centerra Gold's 2026 EPS has increased by 17 cents to $1.62, indicating a 46% year-over-year growth [10] First Majestic Silver - First Majestic Silver achieved a record output of 15.4 million ounces of silver in 2025, an 84% increase from the previous year, largely due to the acquisition of the Los Gatos Silver Mine [14] - The company plans to invest $213–$236 million in 2026 to expand its operations and maintain an aggressive resource expansion strategy [15] - Financially, First Majestic reported a 266% year-over-year increase in fourth-quarter cash flow to $250 million, with cash balances around $800 million [16] Buenaventura Mining - Buenaventura Mining is a leading precious metals company in Peru, operating several key mines and holding significant stakes in other mining ventures [17][18] - The San Gabriel mine began production in December 2025, expected to ramp up to 2,000 tons per day in 2026, contributing 70,000-80,000 ounces of gold this year [19] - The Zacks Consensus Estimate for Buenaventura's 2026 EPS has risen by 49 cents to $3.45, reflecting a 60% year-over-year growth [20] New Gold - New Gold produced 353,772 ounces of gold and 50.1 million pounds of copper in 2025, with the Rainy River mine being the primary contributor [21] - The company generated over $530 million in free cash flow in 2025 while investing over $310 million in capital expenditures [22] - The Zacks Consensus Estimate for New Gold's 2026 EPS has increased by 29 cents to $1.55, indicating a 135% year-over-year growth [23]

Core Insights - The value of deal activity in the fourth quarter of 2025 dropped from a record $144.9 billion in the third quarter but remained above $100 billion, indicating a significant reversal in sentiment and activity compared to earlier quarters [1] - The full year of 2025 saw 2,560 deals announced, totaling $422 billion in deal value, with a year-over-year volume decrease of 1.4% but a substantial value increase of approximately 65.5% from the previous year [2] Group 1: Deal Activity Overview - The year 2025 was characterized by a contrast between mega-deals and steady mid-market activity, with the fourth quarter featuring 20 mega deals valued over $1 billion, contributing $79.3 billion to overall deal value [3] - Mid-market activity also thrived in the fourth quarter, with 242 deals announced, an increase from 214 in the previous quarter, reflecting a return of confidence among buyers [4] Group 2: Sector Performance - The mining sector led deal activity in the fourth quarter, with 101 transactions in the metals and mining sector and 89 in the precious metals sector, accounting for 28% of total quarterly deal activity, driven by higher metal prices [5] - By deal value, the real estate and financial services sectors were the leaders, with $22.7 billion and $18.8 billion in deals, respectively [5] Group 3: Future Outlook - Transaction activity in the tech and industrial sectors declined, but the outlook appears more supportive due to a steadier rate environment, favorable fiscal policy, and improving economic sentiment, which may enhance deal flow [6]