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Summary New Gold released its Q2 results earlier this month, reporting quarterly production of ~70,500 gold-equivalent ounces, a 33% decline from the year-ago period. This sharp drop in sales volume combined with higher sustaining capital led to a massive increase in costs, pushin...
Summary New Gold posted revenue of $115.70 million for 2Q22, down 41.6% from the same quarter a year ago and down 33.8% sequentially. NGD produced 70,514 GEOs during the second quarter. The production of gold equivalent ounces GEO includes gold, silver, and copper. It sold only 62...
New Gold Inc. (NGD) Q2 2022 Results Conference Call August 04, 2022 08:30 AM ET Company Participants Ankit Shah - VP, Strategy and Business Development Renaud Adams - President and CEO Rob Chausse - CFO Patrick Godin - COO Conference Call Participants ...
New Gold press release ( NYSE: NGD ): Q2 Non-GAAP EPS of -$0.02 in-line. Revenue of $115.7M (-41.6% Y/Y) misses by $1.25M . Gold equivalent ("gold eq.") production for the quarter of 70,514 ounces (52,431 ounces of gold, 7.4 million pounds of copper and 117,31...
New Gold Reports 2022 Second Quarter Results Canada NewsWire (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , Aug. 4, 2022 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE: NGD) report...
New Gold ( NYSE: NGD ) is scheduled to announce Q2 earnings results on Thursday, August 4th, before market open. The consensus EPS Estimate is -$0.02 (+50.0% Y/Y) and the consensus Revenue Estimate is $116.95M (-40.9% Y/Y). Over the last 2 years, NGD has beaten EPS e...
New Gold released its Q2 production results earlier this month, reporting quarterly production of ~70,500 gold-equivalent ounces, a 33% decline from the year-ago period. The lower production was impacted by unfavorable weather at Rainy River which impacted mining rates & lower min...
What happened? New Gold (TSX:NGD) (NYSE:NGD) stock tanked by 31.6% last week, posting its biggest weekly losses since March 2020. By comparison, the TSX Composite Index ended the week with 3.3% gains as fears about a near-term recession continue to haunt investors. After las...
On July 11, 2022, Canada-based New Gold Inc. released its second quarter 2022 operational results as of June 30, 2022. Operations at the Rainy River were adversely impacted by heavy rainfall and flooding. I recommend accumulating between $0.72 and $0.69 with potential lower s...
Canadian stocks continued to slip on Tuesday ahead of the Bank of Canada’s interest rate decision and the key U.S. inflation data. The TSX Composite Index fell by 138 points, or 0.7%, yesterday to 18,679 — its lowest closing level since March 2021. While the healthcare sec...
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NEW GOLD REPORTS FATALITY AT THE RAINY RIVER MINE Canada NewsWire TORONTO , July 24, 2024 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) deeply regrets that early this morning, July 24 th , 2024, a...
The International Energy Agency predicts that existing and planned mines will only meet 80% of global copper needs by 2030 Torr Metals is developing two highly prospective copper-gold projects in Canada, one of the most mining-friendly and infrastructure-rich jurisdictions in the world In Jun...
2024-07-11 10:30:00 ET $500 in seed capital appears small but is enough to get started in the stock market. Some low-priced Canadian stocks could deliver enormous returns regardless of the investment amount. You’re lucky because two names with high growth potential are buying opp...