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NGD:CC - New Gold: Robust Cash Flow Upside Potentially At Attractive Stock Prices
New Gold Inc.
2024-04-19 12:57:36 ET
Summary
New Gold Inc. is a Canada-focused mining company with two core production assets in Canada.
Free cash flow is a key driver of New Gold Inc.'s share price, and the company expects a turning point in free cash flow in the second half of 2024.
The company's growth projects are expected to result in increased gold and copper production and lower costs, supported by the prospect of a favorable metal price environment.