New Gold: A Free Cash Flow Machine Post-2024 [Seeking Alpha]
New Gold Inc. (NGD)
NASDAQ:AMEX Investor Relations:
newgold.com/investors
Company Research
Source: Seeking Alpha
While NGD has outperformed its peer group, the company remains very reasonably valued relative to the free cash flow it will generate in 2025/2026. In this update, we'll dig into New Gold's FY2023 results, its 2024 outlook, and where the stock's updated buy zone lies. I do much more than just articles at Alluvial Gold Research: Members get access to model portfolios, regular updates, a chat room, and more. Learn More » While most gold and silver producers have seen outperformance from the recent surge in precious metals prices, one breed of companies has also been a significant beneficiary. This group is gold and copper producers like New Gold NYSE: NGD Evolution Mining OTCPK:CAHPF ), and K92 Mining OTCQX:KNTNF ). In New Gold's case, it may not have industry-leading growth like K92 Mining (300% production growth from 2023 to 2027) but it has all of its production coming from Canada and operates a copper-gold block cave operation at New Afton which is on track for significant gr
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NGD
News
- New Gold Inc. (AMEX:NGD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- New Gold First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- New Gold Inc. (NYSE: NGD) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- New Gold (NGD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Gold House Announces 2024 A100 Honoring the Most Impactful Asian Pacific Leaders [Yahoo! Finance]Yahoo! Finance
NGD
Earnings
- 4/30/24 - Beat
NGD
Sec Filings
- 5/1/24 - Form 6-K
- 4/30/24 - Form 6-K
- 4/4/24 - Form 6-K
- NGD's page on the SEC website