Profile
Sector:
Basic MaterialsIndustry:
GoldCountry:
CanadaIPO:
18 November 2004Website:
http://www.newgold.comNext earnings report:
13 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Sat, 16 Nov 2024 00:58:36 GMTDividend
Analysts recommendations
Institutional Ownership
NGD Latest News
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
New Gold had a decent Q3-24, but lower grades and a tragic fatality at Rainy River have resulted in a cut to its FY2024 guidance. On a positive note, the company hit its free cash flow inflection point ahead of schedule and continues to execute successfully with two key projects delivered ahead of plan. In this update, we'll dig into the company's Q3-24 results, recent developments and whether the stock is sitting in a low-risk buy zone currently.
New Gold Inc. (NYSE:NGD ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Ankit Shah - Executive Vice President, Strategy & Business Development Patrick Godin - President & Chief Executive Officer Keith Murphy - Chief Financial Officer Yohann Bouchard - Executive Vice President & Chief Operating Officer Jean-Francois Ravenelle - Vice President, Geology Luke Buchanan - Vice President, Technical Services Conference Call Participants Mike Parkin - National Bank Eric Winmill - Scotiabank Jeremy Hoy - Canaccord Genuity Michael Siperco - RBC Capital Markets Anita Soni - CIBC World Markets Lawson Winder - Bank of America Securities Operator Good morning. My name is Sylvie [ph] and I will be your conference operator today.
New Gold (NGD) is well positioned to outperform the market, as it exhibits above-average growth in financials.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
New Gold (NGD) closed at $2.88 in the latest trading session, marking a -1.71% move from the prior day.
In the most recent trading session, New Gold (NGD) closed at $2.82, indicating a +0.36% shift from the previous trading day.
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?
New Gold (NGD) reachead $2.76 at the closing of the latest trading day, reflecting a -1.43% change compared to its last close.
In the latest trading session, New Gold (NGD) closed at $2.93, marking a +1.56% move from the previous day.
What type of business is New Gold?
New Gold Inc., an intermediate gold mining company, develops and operates of mineral properties in Canada. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interest in the Rainy River mine located in Northwestern Ontario, Canada; and New Afton project situated in South-Central British Columbia. New Gold Inc. is headquartered in Toronto, Canada.
What sector is New Gold in?
New Gold is in the Basic Materials sector
What industry is New Gold in?
New Gold is in the Gold industry
What country is New Gold from?
New Gold is headquartered in Canada
When did New Gold go public?
New Gold initial public offering (IPO) was on 18 November 2004
What is New Gold website?
https://www.newgold.com
Is New Gold in the S&P 500?
No, New Gold is not included in the S&P 500 index
Is New Gold in the NASDAQ 100?
No, New Gold is not included in the NASDAQ 100 index
Is New Gold in the Dow Jones?
No, New Gold is not included in the Dow Jones index
When was New Gold the previous earnings report?
No data
When does New Gold earnings report?
The next expected earnings date for New Gold is 13 February 2025