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.
A “Buy” Rating on New Gold Inc.
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For further details see:
New Gold: Robust Cash Flow Upside, Potentially At Attractive Stock Prices