NGD Stock Recent News

TORONTO , Sept. 9, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) is pleased to announce that it has been recognized by the Toronto Stock Exchange ("TSX") as a top performer with the inclusion in the TSX30 for 2025.

New Gold's recent surge is driven by macro catalysts like rate cut expectations and gold's safe haven appeal, not company-specific developments. Operational execution remains strong, with production and costs in line with guidance and developments at both New Afton and Rainy River. Significant free cash flow is expected in 2025 and especially 2026-2027, but reliance on two mines and management's capital allocation decisions introduces risk.

Here is how New Gold (NGD) and Posco (PKX) have performed compared to their sector so far this year.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

NGD hits a 52-week high as strong Q2 results, rising gold prices and solid exploration progress boost investor confidence.

TORONTO , Aug. 18, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) announces the resignation of Christian Milau from the Board of Directors (the "Board"), effective immediately, to pursue other opportunities. "On behalf of the Board and the team at New Gold, I would like to thank Christian for his contributions over the past year," said Richard O'Brien, Chair of the Board.

New Gold delivered a strong Q2 2025, with gold production up 14.6% and revenue up 41% year-over-year, driving robust cash flow growth. Operational milestones at New Afton and Rainy River are boosting production capacity and lowering costs, supporting margin expansion for the remainder of 2025. The company now owns 100% of New Afton's free cash flow, enhancing its long-term cash generation and production outlook.

New Gold has transitioned from promise to delivery, showing strong operational execution, margin expansion, and robust FCF in Q2 2025. Valuation remains deeply discounted versus peers despite superior growth, profitability, and financial discipline, offering significant rerating potential if performance continues. Key risks include gold price volatility and execution challenges, but New Gold's strong balance sheet and management discipline provide resilience.

New Gold had a solid H1'25 but H2'25 is set to be much better, benefiting from the favorable combo of back-end weighted production (H2) and front-end weighted capex (H1). This will result in significant free cash flow generation, but the real growth will arrive in 2026/2027, with NGD set to generate upwards of $700 million in free cash flow. Meanwhile, the outlook for further mine-life extension at Rainy River is improving, potentially helping to reduce its discounted multiple given the shorter life at this asset.

New Gold Inc. (NYSE:NGD ) Q2 2025 Earnings Conference Call July 28, 2025 8:30 AM ET Company Participants Ankit Shah - Executive VP & Chief Strategy Officer Keith Murphy - Executive VP & CFO Patrick Godin - CEO, President & Director Travis Murphy - Corporate Participant Conference Call Participants Anita Soni - CIBC Capital Markets, Research Division Lawson Winder - BofA Securities, Research Division Michael Siperco - RBC Capital Markets, Research Division Operator Good morning. My name is Jean-Louis, and I will be your conference operator today.