Core Viewpoint - Investors are increasingly seeking growth stocks, particularly in the financial sector, to achieve above-average returns, but identifying stocks that can sustain their growth potential is challenging [1] Group 1: Company Overview - New Gold (NGD) is currently highlighted as a recommended growth stock due to its favorable Growth Score and top Zacks Rank [2][10] Group 2: Earnings Growth - The historical EPS growth rate for New Gold is 5.6%, but projected EPS growth for this year is expected to be 93.7%, significantly surpassing the industry average of 31.6% [5] Group 3: Cash Flow Growth - New Gold's year-over-year cash flow growth stands at 41.6%, which is considerably higher than the industry average of 8.4% [6] - The company's annualized cash flow growth rate over the past 3-5 years is 15.6%, closely aligning with the industry average of 15.5% [7] Group 4: Earnings Estimate Revisions - The current-year earnings estimates for New Gold have been revised upward, with the Zacks Consensus Estimate increasing by 68.5% over the past month [8]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about New Gold (NGD) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.New Gold currently has an average brokerage ...

Core Viewpoint - New Gold (NGD) is expected to report first-quarter 2025 results on April 29, with earnings per share (EPS) estimates showing a shift from a prior anticipated loss to a slight profit, although still reflecting a decline from the previous year [1][3]. Financial Performance - The Zacks Consensus Estimate for NGD's EPS has improved from a loss of four cents to a profit of one cent over the last 60 days, indicating a 50% decline from the year-ago quarter's EPS of two cents [1]. - New Gold has consistently beaten the Zacks Consensus Estimate in the last four quarters, with an average surprise of 79.2% [2]. Market Conditions - Gold prices averaged $2,883.40 per ounce in Q1 2025, a 39% increase year-over-year, driven by geopolitical tensions and strong demand from central banks [3]. - Copper prices rose approximately 19% year-over-year, surpassing $5 per pound in late March due to tariff concerns [4]. Production Expectations - For 2025, New Gold anticipates consolidated gold production of 325,000-365,000 ounces, a 16% increase from the previous year, with Q1 expected to contribute 14% of this total [5]. - Q1 2025 gold production is projected to be between 45,500-51,100 ounces, down from 70,898 ounces in Q1 2024, attributed to significant waste stripping at Rainy River and the depletion of the B3 cave at New Afton [6][12]. - Rainy River's gold production is expected to increase by 20% year-over-year, with Q1 contributing approximately 11% of the annual target [7]. - New Afton's gold output is projected at 60,000-70,000 ounces for 2025, with Q1 production expected between 16,350 and 18,650 ounces [8]. Cost Projections - All-in sustaining costs are expected to be $1,025-$1,125 per ounce in 2025, reflecting a 17% decrease at the midpoint due to higher production and lower operating costs [10]. - Q1 2025 all-in sustaining costs are anticipated to be higher than the $1,396 per ounce reported in Q1 2024, with cash costs also expected to exceed $874 per ounce from the previous year [11]. Stock Performance - New Gold's stock has increased by 93% over the past year, outperforming the industry growth of 42.7% [14].

Core Viewpoint - New Gold is experiencing a mixed performance in the market, with a notable gain over the past month, but upcoming earnings are expected to show a significant decline in EPS compared to the previous year [1][2]. Company Performance - New Gold's stock closed at $3.59, reflecting a daily increase of +0.56%, which is lower than the S&P 500's gain of 0.79% [1]. - Over the past month, New Gold's shares have increased by 11.91%, while the Basic Materials sector and the S&P 500 have decreased by 4.43% and 3.56%, respectively [1]. - The upcoming earnings report is scheduled for April 29, 2025, with an expected EPS of $0.01, indicating a 50% decrease from the same quarter last year [2]. Earnings Estimates - For the full year, analysts project earnings of $0.37 per share and revenue of $1.12 billion, representing increases of +85% and +21.15% from the previous year [3]. - Recent modifications to analyst estimates suggest a changing business landscape, with positive revisions indicating optimism about New Gold's outlook [4]. Analyst Ratings - The Zacks Rank system currently rates New Gold as 3 (Hold), with a recent upward shift of 57.45% in the consensus EPS estimate [6]. - The Zacks Rank ranges from 1 (Strong Buy) to 5 (Strong Sell), with 1 stocks historically delivering an average annual return of +25% since 1988 [5][6]. Valuation Metrics - New Gold's Forward P/E ratio stands at 9.65, which is below the industry average of 15.23, indicating a potential valuation discount [7]. - The Mining - Gold industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 145, placing it in the bottom 42% of over 250 industries [7][8].

New Gold Inc. (NYSE: NGD ) (TSX: NGD:CA ) is a mid-tier gold producer, with two operational mines in the safe jurisdiction of Canada. Despite NGD being seemingly fair valued at present, I initiate coverage with a Strong Buy rating afterI work on the buy-side in Fixed Income. In my spare time, I'm out here seeking alpha. When it comes to my investment outlook...I'm here to remind you to "Always Protect Your Nuts!" I have a special interest in the Mining and Real Estate sectors.Analyst’s Disclosure: I/we have ...

 USA News Group News Commentary Issued on behalf of Lake Victoria Gold Ltd. VANCOUVER, BC, April 9, 2025 /PRNewswire/ -- USA News Group News Commentary – As tariff talks continue from the White House, gold prices rebounded back above $3,010, signalling that markets still favor gold as the safe bet for any stagflation or recession. Major banks continue to lean bullish in where gold prices are headed, including HSBC, Bank of America, Standard Chartered, and Citigroup. The recent gold rally has attracted inves ...

New Gold Inc. (NGD) announced that it inked a deal with Ontario Teachers' Pension Plan to acquire 19.9% free cash flow interest in the New Afton Mine. This move will give New Gold 100% free cash flow interest in the mine.NGD’s Benefits From the DealNew Gold’s fully consolidated ownership of the New Afton Mine will expose the company to 100% of life-of-mine cash flow with no equity dilution to New Gold's shareholders.New Afton has significant potential to increase value by enhancing production and prolonging ...

(All dollar figures are in US dollars unless otherwise indicated) TORONTO, April 7, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that it has entered into an agreement with Ontario Teachers' Pension Plan ("Ontario Teachers'") to acquire the remaining 19.9% free cash flow interest in the Company's New Afton Mine ("New Afton") (the "Transaction"). Following the transaction, the Company will have fully consolidated its free cash flow inte ...

The Circular, notice and access notification to shareholders, virtual annual general meeting user guide, consolidated financial statements and management's discussion & analysis for the year ended December 31, 2024 may be found on New Gold's website at www.newgold.com or under New Gold's profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Filing of Annual Report on Form 40-F and Annual Information Form TORONTO, March 31, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NG ...

Core Viewpoint - The article emphasizes the importance of investing in high-quality growth and momentum stocks that are reasonably priced, with a focus on long-term performance and market outperformance [1]. Group 1: Investment Strategy - The investment strategy involves focusing on growth and momentum stocks that are expected to outperform the market over the long term [1]. - The analyst has a history of advising investors to buy at market lows, specifically mentioning a recommendation in March 2009 during the financial crisis, which led to significant market gains [1]. Group 2: Market Performance - From 2009 to 2019, the S&P 500 increased by 367%, while the Nasdaq saw an increase of 685%, highlighting the potential for substantial returns in the stock market [1]. Group 3: Investor Guidance - The article aims to assist investors in making money through investments in high-quality growth stocks, indicating a commitment to guiding investment decisions [1].