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home / news releases / NGD - New Gold: A Slow Start At Rainy River

NGD - New Gold: A Slow Start At Rainy River

New Gold Inc.
  • Total gold equivalent production was 87,696 Eq. Oz for 1Q22, down 8.7% compared to the same quarter a year ago and down 21.4% sequentially.
  • Lower production at Rainy River was due to elevated COVID-19 cases at the mine and cold weather affecting drilling productivity.
  • I recommend buying NGD at or below $1.80.

For further details see:

New Gold: A Slow Start At Rainy River
Stock Information
Company Name: New Gold Inc.
Stock Symbol: NGD
Market: NYSE
Website: newgold.com
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