NGD Stock Recent News

New Gold (NGD) reachead $3.68 at the closing of the latest trading day, reflecting a +1.1% change compared to its last close.

In the latest trading session, New Gold (NGD) closed at $3.59, marking a +0.56% move from the previous day.

I Initiate coverage of New Gold Inc. (NGD) with a Strong Buy rating due to the stock's recent pull-back and promising medium-term production outlook. Rainy River and New Afton mines in Canada show strong production potential, with significant gold, silver, and copper output expected in the next three years. I expect at least 15% upside with a $3.90 price target, but maintain a small position due to higher risks associated with mid-tier gold producers.

NGD signs a deal with Ontario Teachers' Pension Plan to acquire 19.9% free cash flow interest in the New Afton Mine.

(All dollar figures are in US dollars unless otherwise indicated) TORONTO , April 7, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to announce that it has entered into an agreement with Ontario Teachers' Pension Plan ("Ontario Teachers'") to acquire the remaining 19.9% free cash flow interest in the Company's New Afton Mine ("New Afton") (the "Transaction"). Following the transaction, the Company will have fully consolidated its free cash flow interest in New Afton to 100%.

TORONTO , April 3, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is providing notice that it will release its first quarter 2025 operational and financial results after market close on Tuesday, April 29, 2025. The Company will host its first quarter 2025 earnings conference call and webcast on Wednesday, April 30, 2025 at 8:30 am Eastern Time.

New Gold (NGD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

TORONTO , March 31, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces the mailing of its Management Information Circular (the "Circular") for the Company's annual general and special meeting of shareholders being held on Tuesday, May 6, 2025 at 4:00 pm Eastern Time (the "Meeting"). New Gold is using the notice and access process adopted by the Canadian securities regulators for the delivery of the Circular.

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New Gold reported its highest production in 2024, with 80,400 ounces of gold and 14.5 million pounds of copper in Q4, driven by higher feed grades. Production is expected to increase in 2025 and beyond, driving New Gold's growth. Increased margins and cash flow growth, coupled with a positive outlook for copper and gold prices, provide a strong tailwind for NGD.