New Gold Inc. (NGD) reported a 2% year-over-year increase in gold production in the fourth quarter of 2024 to 80,438 ounces. This was attributed to the solid performance at the New Afton mine, which offset lower production at the Rainy River mine due to operational challenges encountered in December. It was the highest production quarter in 2024.NGD’s gold production reached 298,303 ounces in 2024, whereas its guidance was 300,000-310,000 ounces. Better-than-expected performance at New Afton was offset by l ...

Upcoming Catalysts to Showcase Significant Near-Term Free Cash Flow Generation TORONTO, Jan. 9, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) reports fourth quarter and full year operational results for the Company as of December 31, 2024.   The Company is providing notice that it will release its operational outlook, technical report summaries for Rainy River and New Afton, and updated Mineral Reserve and Mineral Resource Statement for the Company as of Dec ...

New Gold (NGD) closed the latest trading day at $2.52, indicating no change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.04%. Meanwhile, the Dow gained 0.07%, and the Nasdaq, a tech-heavy index, lost 0.05%.The gold mining company's shares have seen a decrease of 8.03% over the last month, surpassing the Basic Materials sector's loss of 8.95% and falling behind the S&P 500's gain of 1.05%.Market participants will be closely following the financial result ...

In the latest trading session, New Gold (NGD) closed at $2.48, marking a -1.59% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.09%. At the same time, the Dow added 0.04%, and the tech-heavy Nasdaq lost 0.1%.The gold mining company's shares have seen a decrease of 9.35% over the last month, not keeping up with the Basic Materials sector's loss of 7.73% and the S&P 500's loss of 0.29%.Market participants will be closely following the financial results of New Gold in ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, incl ...

The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has New Gold (NGD) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.New Gold is a member of the Basic Materials sector. This group includes 234 individual stocks and currently holds a Zacks Sector Rank of #15. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the in ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about New Gold (NGD) .New Gold currently has an average brokerage recom ...

Investors in New Gold Inc. (NGD) need to pay close attention to the stock based on moves in the options market lately. That is because the Feb 21, 2025 $1.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean ...

For those looking to find strong Basic Materials stocks, it is prudent to search for companies in the group that are outperforming their peers. Has New Gold (NGD) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.New Gold is a member of our Basic Materials group, which includes 235 different companies and currently sits at #13 in the Zacks Sector Rank. The Zacks Sector Rank ...

Alluvial Gold Research offers in-depth research on my favorite miners ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts as well as the following:Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, an ...