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Last $0.0003 USD
Change Today 0.00 / 0.00%
Volume 8.0M
NWGC On Other Exchanges
As of 10:55 AM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

new world gold corp (NWGC) Snapshot

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52 Week High
08/4/14 - $0.01
52 Week Low
07/22/15 - $0.0002
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new world gold corp (NWGC) Details

New World Gold Corporation, through its subsidiary, engages in mining gold, silver, and copper in Ecuador and Peru. It has five operating mines and four operating mills. The company was formerly known as New Asia Gold Corporation and changed its name to New World Gold Corporation in May 2009. New World Gold Corporation was incorporated in 1998 and is headquartered in Boca Raton, Florida.

2 Employees
Last Reported Date: 03/30/12
Founded in 1998

new world gold corp (NWGC) Top Compensated Officers

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new world gold corp (NWGC) Key Developments

New World Gold Corporation to Begin Shipping Gold

New World Gold Corporation announced that it will begin shipping gold to a Chinese based company in July, 2015. The company announced that it had signed an agreement with Aguila Dorado De Sur America Aguidomerica SA to supply a minimum of 120 kilos of gold (4,225 ozs) per month. The company will begin shipping gold in July, 2015 as per the Agreement. The source of gold for this contract and other commitments will be from the company's own reserves and gold generated by contract milling. Currently, the company has the ability to process in excess of 900 tons of ore per day.

New World Gold Corporation Identifies 2 Tailings Piles with Economically Viable Grades of Gold and Silver

New World Gold Corporation announced that it has identified 2 tailings piles with economically viable grades of gold and silver. These tailings piles have not been previously milled. The combined tonnage of the tailings areas is 150,000 tons with a grade ranging from 3gms/ton to 12 gms/ton with an anticipated average grade of 7gms/ton based on independent laboratory results. The company expects to recover 85% of the gold and 50% of the silver. The projected value of tailings is approximately $31,600,000.

New World Gold Corp. Provides Earnings Guidance for the First Quarter of 2015

New World Gold Corp. provided earnings guidance for the first quarter of 2015. The company projects that its first quarter results for 2015 will exceed the first quarter results for 2014. In the first quarter of 2014, the Company had revenues of $2,488,516. In the first quarter of 2015, the company is projecting that its revenues will exceed $2,700,000, an increase of 8.5%. In the first quarter of 2014 the company had a profit of $750,608. In the first quarter of 2015, the company is projecting a profit of $890,000 an increase of 18.6%.


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