Company Performance - New Gold (NGD) closed at $3.19, reflecting a -1.24% change from the previous day, underperforming compared to the S&P 500's gain of 2.13% [1] - Over the past month, New Gold's shares increased by 6.6%, outperforming the Basic Materials sector's decline of 4.39% and the S&P 500's drop of 9.57% [1] Financial Expectations - Analysts anticipate New Gold to report earnings of $0 per share, indicating a year-over-year decline of 100% [2] - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $0.24 per share and revenue of $1.12 billion, reflecting increases of +20% and +21.15% respectively from the previous year [2] Analyst Estimates - Recent modifications to analyst estimates for New Gold are crucial as they reflect short-term business trends, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record of predicting stock price performance [4] Valuation Metrics - New Gold is currently trading at a Forward P/E ratio of 13.74, which is a premium compared to its industry's Forward P/E of 13.34 [6] - The company has a PEG ratio of 0.81, which is lower than the Mining - Gold industry's average PEG ratio of 0.88 [6] Industry Context - The Mining - Gold industry is part of the Basic Materials sector and holds a Zacks Industry Rank of 159, placing it in the bottom 37% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Points - New Gold Inc. announced the expiration of its tender offer for the 7.50% Senior Notes due 2027, which took place on March 13, 2025 [1][4] - The company received valid tenders amounting to $288,843,000, representing 72.21% of the outstanding $400 million of the Notes [3][2] - New Gold plans to use proceeds from a new issuance of $400 million in 6.875% Senior Notes due 2032 to fund the payment for the tendered Notes [5] Tender Offer Details - The tender offer commenced on March 4, 2025, and expired on March 13, 2025, at 5:00 p.m. New York City Time [1] - The settlement date for the accepted Notes is expected to be March 18, 2025 [4] - The tendered principal amount excludes $12,000 of the Notes tendered under guaranteed delivery procedures [3] Future Plans - New Gold intends to redeem any Notes not tendered in the offer around July 15, 2025, at a redemption price of 100% of the principal amount plus accrued interest [5] - The company has retained BofA Securities and BMO Capital Markets as Dealer Managers for the tender offer [7] Company Overview - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold mine and the New Afton copper-gold mine [9]

Group 1 - Alluvial Gold Research provides detailed analysis on undervalued mining companies, focusing on those with upcoming catalysts that could enhance portfolio performance [1] - Subscribers receive access to current portfolios and buy/sell alerts, indicating a proactive approach to investment management [1] Group 2 - The article emphasizes the importance of position sizing in the volatile precious metals sector, recommending that investments in small-cap precious metals stocks should be limited to 5% or less of an investor's portfolio [2]

Core Points - New Gold Inc. announced the pricing of a $400 million offering of 6.875% Senior Notes due 2032, expected to close around March 18, 2025 [1] - The proceeds from the offering will be used to purchase outstanding 7.50% senior notes due 2027 and cover related fees and expenses [1] - Any remaining proceeds will be used to redeem any Existing Notes not tendered in the Tender Offer at 100% of the principal amount on or about July 15, 2025 [1] Offering Details - The company has commenced a Tender Offer to purchase any and all of the Existing Notes, contingent upon the successful completion of the Notes offering [2] - The offering of the Notes is not conditional upon a minimum principal amount of Existing Notes being tendered [2] - The Notes will be sold only to qualified institutional buyers and non-U.S. persons outside the United States [3] Regulatory Information - The offer and sale of the Notes will not be registered under the Securities Act, and they may not be offered or sold in the U.S. without registration or an exemption [4] - This announcement does not constitute an offer to sell or solicit offers to buy the Notes or Existing Notes [4] Company Overview - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold mine and the New Afton copper-gold mine [5] - The company's vision is to build a leading diversified intermediate gold company in Canada, committed to environmental and social responsibility [5]

(All amounts are in U.S. dollars unless otherwise indicated)TORONTO, March 4, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announced today that it has commenced a cash tender offer (the "Tender Offer") to purchase any and all of the outstanding senior notes (the "Notes") listed in the following table upon the terms and conditions described in New Gold's Offer to Purchase, dated March 4, 2025 (the "Offer to Purchase"). Title of Security CUSIP Numbers Pri ...

Core Points - New Gold Inc. has announced an offering of $400 million aggregate principal amount of Senior Notes to fund the purchase of its outstanding 7.50% senior notes due 2027 and related expenses [1][2] - The company has also commenced a tender offer to purchase any and all of the Existing Notes, contingent upon the successful completion of the Notes offering [2] - The Notes will be offered only to qualified institutional buyers and non-U.S. persons outside the United States, in accordance with relevant securities regulations [3][4] Company Overview - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold mine and the New Afton copper-gold mine [5] - The company's vision is to build a leading diversified intermediate gold company in Canada, emphasizing environmental and social responsibility [5]

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. Welcome to the New Gold's Fourth Quarter and Full Year 2024 Earnings Call and Webcast. All lines have ...

Q4 and Full Year 2024 Earnings Call and Webcast February 20, 2025 Cautionary Notes All amounts in U.S. Dollars unless otherwise stated Cautionary note regarding forward-looking statements Certain information contained in this presentation, including any information relating to New Gold's future financial or operating performance are "forward-looking". All statements in this presentation, other than statements of historical fact, which address events, results, outcomes or developments that New Gold expects t ...

Contents OUR BUSINESS New Gold Inc. is an intermediate gold mining company engaged in the development and operation of mineral properties. The assets of the Company, directly or through its subsidiaries, are comprised of the Rainy River Mine in Ontario, Canada ("Rainy River"), and the New Afton Mine in British Columbia, Canada ("New Afton"). New Gold's vision is to build a leading diversified intermediate gold company based in Canada that is committed to the environment and social responsibility. For furthe ...

Core Viewpoint - New Gold (NGD) is positioned to continue its earnings-beat streak, having a strong track record of exceeding earnings estimates in recent quarters [1][2]. Earnings Performance - In the last reported quarter, New Gold achieved earnings of $0.08 per share, surpassing the Zacks Consensus Estimate of $0.04 per share, resulting in a 100% surprise [2]. - In the previous quarter, the company was expected to earn $0.01 per share but delivered $0.02 per share, also reflecting a 100% surprise [2]. Earnings Estimates - Recent estimates for New Gold have been revised upward, indicating a positive trend in earnings expectations [3]. - The Zacks Earnings ESP for New Gold is currently +5.88%, suggesting analysts are optimistic about the company's near-term earnings potential [6]. Predictive Metrics - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [4]. - New Gold's combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a strong likelihood of another earnings beat [6]. Importance of Earnings ESP - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [5]. - A negative Earnings ESP does not necessarily indicate an earnings miss but can reduce the predictive power of the metric [6].