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United Kingdom

New Gold Inc (NGD.TO)

NGD.TO on Toronto Stock Exchange

1.60CAD
23 Aug 2019
Change (% chg)

$0.04 (+2.56%)
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Volume
8,366,986
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$2.03
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$0.82

Latest Key Developments (Source: Significant Developments)

New Gold Reports 2019 Second Quarter Results And Reaffirms Annual Guidance
Thursday, 1 Aug 2019 

Aug 1 (Reuters) - New Gold Inc ::NEW GOLD REPORTS 2019 SECOND QUARTER RESULTS AND REAFFIRMS ANNUAL GUIDANCE.Q2 ADJUSTED LOSS PER SHARE $0.01.Q2 LOSS PER SHARE $0.06 FROM CONTINUING OPERATIONS.Q2 REVENUE $155 MILLION VERSUS REFINITIV IBES ESTIMATE OF $165 MILLION.Q2 EARNINGS PER SHARE ESTIMATE $-0.01 -- REFINITIV IBES DATA.Q2 ADJUSTED LOSS PER SHARE $0.01 FROM CONTINUING OPERATIONS EXCLUDING ITEMS.PRODUCTION IS ON TRACK TO MEET ANNUAL GUIDANCE OF 465,000 TO 520,000 GOLD EQ. OUNCES.TOTAL PRODUCTION FOR QUARTER (EXCLUDING PRODUCTION FROM CERRO SAN PEDRO MINE) OF 132,556 GOLD EQ. OUNCES.ALL-IN SUSTAINING COSTS (AISC) OF $1,087 PER GOLD EQ. OUNCE FOR QUARTER.AISC FOR YEAR ARE EXPECTED TO BE IN-LINE WITH ANNUAL GUIDANCE OF $1,330 TO $1,430 PER GOLD EQ. OUNCE.TOTAL CASH COSTS ARE ON TRACK TO MEET ANNUAL GUIDANCE OF $740 TO $820 PER GOLD EQ. OUNCE.  Full Article

New Gold Says Production Is On Track To Meet Annual Guidance
Thursday, 11 Jul 2019 

July 11 (Reuters) - New Gold Inc ::NEW GOLD REPORTS IN-LINE PRODUCTION FOR THE SECOND QUARTER REAFFIRMS ANNUAL PRODUCTION GUIDANCE; LIQUIDITY MAINTAINED.NEW GOLD INC - TOTAL PRODUCTION (EXCLUDING PRODUCTION FROM CERRO SAN PEDRO MINE) FOR Q2 WAS 132,556 GOLD EQUIVALENT OUNCES.NEW GOLD INC - PRODUCTION IS ON TRACK TO MEET ANNUAL GUIDANCE OF 465,000 TO 520,000 GOLD EQUIVALENT OUNCES.  Full Article

New Gold Says Rainy River Milling Operations Restarted Ahead Of Schedule
Monday, 6 May 2019 

May 6 (Reuters) - New Gold Inc ::RAINY RIVER MILLING OPERATIONS RESTARTED AHEAD OF SCHEDULE.RAINY RIVER MILLING OPERATIONS WERE RESTARTED LATE AFTERNOON ON FRIDAY, MAY 3.MINING AND CRUSHING OPERATIONS CONTINUED DURING TEMPORARY SHUTDOWN PERIOD.NEW GOLD- MANAGEMENT ANTICIPATES PRODUCTION DELAY WILL BE OFFSET SO THAT CO WILL STILL BE IN A POSITION TO ACHIEVE ITS ANNUAL PRODUCTION GUIDANCE.  Full Article

New Gold Inc's Total Gold Production For Q4 110,559 Ounces
Tuesday, 8 Jan 2019 

Jan 8 (Reuters) - New Gold Inc ::NEW GOLD REPORTS STRONG FOURTH QUARTER.NEW GOLD INC SAYS TOTAL GOLD PRODUCTION FOR QUARTER WAS 110,559 OUNCES.NEW GOLD INC - MANAGEMENT HAS DEFERRED 2019 UNDERGROUND MINE DEVELOPMENT PLAN TO 2020.NEW GOLD INC - INTERNALLY FUNDED DEVELOPMENT STRATEGY FOR NEW AFTON C-ZONE HAS BEEN LAUNCHED, WHICH WILL EXTEND MINE LIFE TO 2030.  Full Article

New Gold names Robert Chausse as chief financial officer
Monday, 5 Nov 2018 

Nov 5 (Reuters) - New Gold Inc ::NEW GOLD ANNOUNCES MANAGEMENT CHANGE APPOINTS ROBERT J. CHAUSSE AS CHIEF FINANCIAL OFFICER.NEW GOLD INC - ANNOUNCES DEPARTURE OF PAULA MYSON, EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER.NEW GOLD INC - APPOINTMENT OF ROBERT J. CHAUSSE AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, EFFECTIVE IMMEDIATELY.  Full Article

Equinox Gold To Buy Mesquite Gold Mine In California
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - Equinox Gold Corp ::EQUINOX GOLD TO ACQUIRE THE MESQUITE GOLD MINE IN CALIFORNIA FOR $158 MILLION.EQUINOX GOLD CORP - ACQUISITION IS ACCRETIVE TO EQUINOX GOLD ACROSS ALL KEY METRICS.EQUINOX GOLD CORP - ACQUISITION WILL BE FUNDED FROM A COMBINATION OF DEBT AND EQUITY.EQUINOX GOLD CORP - ENTERED INTO A DEFINITIVE PURCHASE AGREEMENT TO ACQUIRE MESQUITE GOLD MINE IN CALIFORNIA FROM NEW GOLD INC.  Full Article

New Gold Reports Q2 Loss Per Share Of $0.52 From Continuing Operations
Thursday, 26 Jul 2018 

July 25 (Reuters) - New Gold Inc ::NEW GOLD ANNOUNCES 2018 SECOND QUARTER RESULTS AND UPDATES 2018 OUTLOOK.Q2 LOSS PER SHARE $0.52 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE VIEW $0.01 -- THOMSON REUTERS I/B/E/S.Q2 GOLD PRODUCTION OF 108,550 OUNCES AND COPPER PRODUCTION OF 20.4 MILLION POUNDS.ANNUAL CONSOLIDATED COPPER PRODUCTION REMAINS IN LINE WITH ORIGINAL GUIDANCE RANGE OF 75 TO 85 MILLION POUNDS.EXPECTS ITS CONSOLIDATED 2018 ALL-IN SUSTAINING COSTS TO BE BETWEEN $1,080 TO $1,120 PER OUNCE.SEES UPDATED 2018 OUTLOOK 415,000 TO 480,000 OUNCES OF GOLD PRODUCTION.EXPECTS CONSOLIDATED 2018 OPERATING EXPENSE TO BE BETWEEN $655 TO $695 PER GOLD OUNCE.EXPECTS FY 2018 TOTAL CASH COSTS TO BE BETWEEN $445 TO $485 PER OUNCE.NEW GOLD EXPECTS ITS CONSOLIDATED 2018 ALL-IN SUSTAINING COSTS TO BE BETWEEN $1,080 TO $1,120 PER OUNCE.QTRLY REVENUES $195.3 MILLION VERSUS $143.8 MILLION LAST YEAR.  Full Article

New Gold Reports Q4 Loss Per Share $0.34
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - New Gold Inc ::NEW GOLD ANNOUNCES 2017 FINANCIAL RESULTS WITH 11% INCREASE IN CASH FLOW PER SHARE.Q4 ADJUSTED EARNINGS PER SHARE $0.01 FROM CONTINUING OPERATIONS.Q4 ADJUSTED EARNINGS PER SHARE $0.06.Q4 LOSS PER SHARE $0.31 FROM CONTINUING OPERATIONS.Q4 LOSS PER SHARE $0.34.QTRLY REVENUES FROM CONTINUING OPERATIONS $193.5 MILLION VERSUS $140.7 MILLION.QTRLY GOLD PRODUCED 154,530 OUNCES VERSUS 95,883 OUNCES.‍CONSOLIDATED TOTAL CASH COSTS FOR 2018 EXPECTED TO REMAIN IN LINE WITH PRIOR YEAR AT $360 TO $400 PER OUNCE​.2018 ALL-IN SUSTAINING COSTS ARE EXPECTED TO INCREASE RELATIVE TO PRIOR YEAR​.SEES 2018 NEW GOLD CONSOLIDATED GOLD PRODUCTION 525,000 OUNCES TO 595,000 OUNCES.‍ ABOUT 60 PERCENT OF CO'S CONSOLIDATED GOLD PRODUCTION 2018 IS EXPECTED TO OCCUR EVENLY IN SECOND AND FOURTH QUARTERS​.SEES 2018 NEW GOLD CONSOLIDATED COPPER PRODUCTION OF 75 MILLION POUNDS TO 85 MILLION POUNDS.‍ ONLY ABOUT 20 MILLION POUNDS OF ESTIMATED COPPER PRODUCTION WOULD BE IMPACTED BY FURTHER COPPER PRICE MOVEMENTS IN 2018​.  Full Article

New Gold Sees Consolidated Gold Production Of 525,000 - 595​,000 Ounces In 2018
Wednesday, 17 Jan 2018 

Jan 16 (Reuters) - New Gold Inc ::NEW GOLD DELIVERS ON 2017 PRODUCTION AND COST GUIDANCE AND PROVIDES 2018 OUTLOOK.‍QTRLY GOLD PRODUCED 154,446 OUNCES VERSUS 95,883​ OUNCES.SEES ‍NEW GOLD CONSOLIDATED PRODUCTION OF 525,000 - 595​,000 OUNCES IN 2018.‍NEW GOLD'S 2018 ALL-IN SUSTAINING COSTS ARE EXPECTED TO INCREASE RELATIVE TO PRIOR YEAR​.  Full Article

New Gold announces sale of Peak mines for $58 mln
Monday, 20 Nov 2017 

Nov 20 (Reuters) - New Gold Inc ::New Gold announces sale of Peak mines for $58 million.New Gold Inc - ‍intends to fund deal through combination of a$45 million debt facility provided by Investec Group & Equity placement in order of A$70 million​.  Full Article

CANADA STOCKS-TSX flat as material losses offset by energy gains

Aug 9 Canada's main stock index treaded water on Friday, as gains in shares of energy companies were countered by losses in materials shares.