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Last C$4.09 CAD
Change Today +0.10 / 2.51%
Volume 1.3M
NGD On Other Exchanges
Symbol
Exchange
Toronto
NYSE Amex
Frankfurt
As of 12:04 PM 04/28/15 All times are local (Market data is delayed by at least 15 minutes).

new gold inc (NGD) Snapshot

Open
C$4.02
Previous Close
C$3.99
Day High
C$4.09
Day Low
C$3.97
52 Week High
06/19/14 - C$7.28
52 Week Low
04/24/15 - C$3.84
Market Cap
2.1B
Average Volume 10 Days
2.8M
EPS TTM
C$-0.38
Shares Outstanding
508.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NEW GOLD INC (NGD)

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new gold inc (NGD) Details

New Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company’s operating properties include a 100% interest in the New Afton gold-copper mine in British Columbia, Canada; the Mesquite gold mine in California; the Peak gold-copper mines in New South Wales, Australia; and the Cerro San Pedro gold-silver mine in the state of San Luis Potosí, Mexico. It also has exploration and development projects, including a 100% interest in the Rainy River gold project in Ontario, Canada and the Blackwater gold-silver project in central British Columbia, Canada, as well as a 30% interest in the El Morro gold-copper development project in the Atacama Region, Chile. The company was formerly known as DRC Resources Corporation and changed its name to New Gold Inc. in June 2005. New Gold Inc. was founded in 1980 and is headquartered in Vancouver, Canada.

Founded in 1980

new gold inc (NGD) Top Compensated Officers

Chief Executive Officer, President and Non-In...
Total Annual Compensation: $588.5K
Executive Chairman
Total Annual Compensation: $679.1K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $375.7K
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $110.8K
Vice President of Corporate Development
Total Annual Compensation: $271.6K
Compensation as of Fiscal Year 2014.

new gold inc (NGD) Key Developments

New Gold, Inc. Presents at Barclays Select Series 2015 Metals & Materials Cross Asset Forum, Mar-23-2015 02:05 PM

New Gold, Inc. Presents at Barclays Select Series 2015 Metals & Materials Cross Asset Forum, Mar-23-2015 02:05 PM. Venue: 745 Seventh Avenue, New York, NY 10019, United States. Speakers: Hannes Portmann, Vice President of Corporate Development.

New Gold, Inc. Presents at Morgan Stanley Metals & Mining Corporate Access Day, Mar-17-2015

New Gold, Inc. Presents at Morgan Stanley Metals & Mining Corporate Access Day, Mar-17-2015 . Venue: New York, New York, United States.

New Gold, Inc. Reports Unaudited Consolidated Earnings and Production Results for the Fourth Quarter and Year Ended Dec. 31, 2014; Reports Asset Impairment for the Fourth Quarter Ended Dec. 31, 2014; Provides Production Guidance for the Year 2015

New Gold, Inc. reported unaudited consolidated earnings and production results for the fourth quarter and year ended Dec. 31, 2014. For the quarter, the company reported revenues of $188.1 million compared to $198.4 million a year ago. Loss from operations was $396.5 million compared to $261.8 million a year ago. Loss before taxes was $420.5 million compared to $281.8 million a year ago. Net loss was $254.7 million or $0.86 per basic and diluted share compared to $431.9 million or $0.51 per basic and diluted share a year ago. Net cash generated from operations was $69.9 million compared to $99.7 million a year ago. Adjusted net earnings were $13.4 million or $0.03 per share compared to $16.7 million or $0.04 per share a year ago. Adjusted net cash generated from operations before changes in working capital was $69.8 million compared to $71.8 million a year ago. Capital expenditures were $88.7 million against $88.2 million last year. Adjusted net earnings were impacted by the change in earnings from mine operations, partly offset by decreased exploration and finance costs. For the year, the company reported revenues of $726.0 million compared to $779.7 million a year ago. Loss from operations was $343.2 million compared to $175 million a year ago. Loss before taxes was $409.5 million compared to $191.6 million a year ago. Net loss was $477.1 million or $0.95 per basic and diluted share compared to $191.2 million or $0.39 per basic and diluted share a year ago. Net cash generated from operations was $268.8 million compared to $171.9 million a year ago. Adjusted net earnings were $45.2 million or $0.09 per basic share compared to $61.3 million or $0.13 per basic share a year ago. Adjusted net cash generated from operations before changes in working capital was $310.4 million compared to $258.6 million a year ago. The increase in cash flow was driven by the combination of a net $77 million in onetime, 2013 expenses not happening in 2014; a $42 million decrease in cash taxes; and a $23 million reduction in corporate, administration, exploration and business development costs. Capital expenditures were $279.3 million against $289.3 million last year. For the quarter, total gold production was 106,000 ounces against 106,500 ounces a year ago. Total silver production was 0.4 million ounces against 0.4 million ounces a year ago. Total copper production was 24.5 million pounds against 24.0 million pounds a year ago. For the year, total gold production was 380,100 ounces against 397,700 ounces a year ago. Total silver production was 1.4 million ounces against 1.6 million ounces a year ago. Total copper production was 101.5 million pounds against 85.4 million pounds a year ago. For the quarter, the company reported asset impairment of $395.8 million against $272.5 million a year ago. For the year 2015, the company expects total gold production of 390,000 ounces to 430,000 ounces, total copper production of 100 million pounds to 112 million pounds and total silver production of 1.75 million ounces to 1.95 million ounces. The company expects to deliver production increase in all 3 metals it produce, with New Afton, Mesquite and Cerro San Pedro all expected to contribute higher gold production. At the same time, 2015 all-in sustaining costs are expected to be at or below 2014 levels, as aggregates spending on sustaining capital, exploration and administration are expected to be approximately $65 an ounce below that in 2014. Consistent with previous years, New Gold’s 2015 full-year production is not scheduled to be evenly distributed across the four quarters. The first half of 2015 is expected to contribute approximately 45% of the full-year production, with the balance of production scheduled for the second half of the year.

 

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NGD

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Valuation NGD Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 2.2x
Price/Book 0.7x
Price/Cash Flow 12.0x
TEV/Sales 0.5x
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