TORONTO, July 31, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that Richard O'Brien has been appointed as Chair of the Board effective August 1, 2024. Mr. O'Brien was appointed to the Board of Directors on March 25, 2024, where it was announced that he was expected to transition into the Chair role. As previously disclosed, Ian Pearce will retire from the Board of Directors effective August 1, 2024. "On behalf of the Board and New Gol ...

newge | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------|-------|-----------------------------------|--------|--------|---------------------------------| | (Unaudited - in millions of U.S. dollars) | Note | Three months ended June 30 \n2024 | \n2023 | 2024 | Six months ended June 30 \n2023 | | Net income (loss) | | 53.1 | (2.6) | 9.6 | (34.4) | | Other comprehensive income (loss) | | | | | | | (Loss) income on revaluation of non-current deri ...

Company Enters Sustained Free Cash Flow Generation Period "The second quarter saw New Gold deliver another quarter as planned," stated Patrick Godin, President and CEO. "New Afton delivered a strong operating quarter with low all-in sustaining costs, while Rainy River made excellent progress preparing the open pit for the planned release of higher-grade ore in the second half of the year while maintaining operational discipline and delivering costs as planned. We exit the first half of the year operationall ...

TORONTO, July 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that Christian Milau has been appointed to its Board of Directors (the "Board") effective immediately. Christian brings over 25 years of experience in finance, capital markets and mining. He is a mining executive with experience leading growth-oriented exploration, development, and operating mining companies with a focus on gold and copper. His mining experience includes C ...

TORONTO, July 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces that operations resumed during the day shift on Saturday July 27th at the Rainy River Mine in northwestern Ontario, following the employee fatality reported on July 24th. Operations safely resumed Saturday, as no other equipment or site infrastructure was impacted in the incident. New Gold is supporting the authorities with their investigation. The thoughts of management remain with th ...

Within the past quarter, the Zacks Consensus Estimate for NGD's full-year earnings has moved 68.6% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Breaking things down more, New Gold is a member of the Mining - Gold industry, which includes 37 individual companies and currently sits at #48 in the Zacks Industry Rank. This group has gained an average of 17.1% so far this year, so NGD is performing better in this area. Equinox Gold is also part of th ...

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today. Value investors also love the P/S ratio, which is calculated by simply dividing a stock's price with the company's sales. Some people prefer this metric because sales are harder to manipu ...

Barrick Gold (GOLD) , scheduled to release second-quarter earnings on Aug 12, has an Earnings ESP of +3.29% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for NGD's earnings per share has moved down 50% to 1 cent over the past 60 days. The estimate indicates a 50% decline from the year-ago quarter's earnings per share of 2 cents. Factors Likely to Have Shaped Q2 Performance pounds. What the Zacks Model Unveils Zacks Rank: New Gold currently sports a Zacks Rank of 1. Image Source: Zacks Inves ...

The health, safety and wellbeing of our employees is our top priority. The Company is working closely with local authorities and an investigation is underway. Operations have been voluntarily suspended. The thoughts of management are with the family, friends and colleagues who have been impacted by this tragic incident. About New Gold SOURCE New Gold Inc. TORONTO, July 24, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) deeply regrets that early this morning, ...

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 sellside) analysts often affect a stock's price, do they really matter? New Gold currently has an average brokerage recommendation (ABR) of 1.90, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 10 brokerage firms. An ABR of 1 ...