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home / news releases / NGD - New Gold: I Like What I See


NGD - New Gold: I Like What I See

Image: Rainy River mine

Investment thesis

The Canadian-based New Gold, Inc. (NGD) released its production for the second quarter of 2020 on July 14, 2020. It was a weak gold equivalent production scoring a multi-year low due to the disruptions created by the COVID-19 pandemic. Both Rainy River mine and New Afton mine production were affected, the company said:

The Rainy River Mine produced 49,633 gold eq. ounces (48,800 ounces of gold and 70,394 ounces of silver) for the quarter. Following a 12-day voluntary shutdown related to COVID-19 in the first quarter, operations

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Stock Information

Company Name: New Gold Inc.
Stock Symbol: NGD
Market: NYSE
Website: newgold.com

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