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NYSE:NGD

New Gold 2/13/2024 Earnings Report

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$7.08 -0.18 (-2.41%)
As of 10:11 AM Eastern
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New Gold EPS Results

Actual EPS
-$0.01
Consensus EPS
$0.02
Beat/Miss
Missed by -$0.03
One Year Ago EPS
N/A

New Gold Revenue Results

Actual Revenue
$199.20 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

New Gold Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

New Gold Earnings Headlines

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About New Gold

New Gold (NYSE:NGD) Inc is a Canadian-based intermediate precious metals producer focused on the exploration, development and operation of gold and copper mining assets. The company was formed in 2008 through the merger of two exploration firms and has since grown into a multi-asset mining platform. Headquartered in Toronto, New Gold emphasizes a disciplined approach to capital allocation and operational execution, with a commitment to environmental stewardship and strong community relations.

New Gold’s principal producing assets include the New Afton Mine in British Columbia and the Rainy River Mine in northwestern Ontario. New Afton, a block cave operation, produces a blend of gold, copper and silver concentrates, while Rainy River is an open-pit and underground gold mine that also generates silver by-product credits. Both sites incorporate modern processing facilities and employ technologies designed to optimize recoveries and reduce environmental impact.

In addition to its operating mines, New Gold has advanced development projects and exploration initiatives in Canada. The company continues to assess regional exploration targets near its operating sites and evaluates potential acquisitions that align with its focus on risk-adjusted returns. Over the years, Asset divestments, including the sale of its former Mexican interest, have sharpened New Gold’s geographic footprint and reinforced its Canadian portfolio.

New Gold is led by President and Chief Executive Officer Renaud Adams, supported by an experienced management team with backgrounds in mining engineering, geology and finance. The firm trades on the Toronto Stock Exchange and the NYSE American under the symbol NGD and maintains a strong emphasis on governance practices, health and safety, and transparent stakeholder communications.

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