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Stock impact report

New Gold And Coeur Mining: Bigger Might Really Be Better [Seeking Alpha]

New Gold Inc. (NGD) 
NASDAQ:AMEX Investor Relations: newgold.com/investors
Company Research Source: Seeking Alpha
The combined company targets 900K oz gold, 20M oz silver, and 100M lbs copper production in 2026, with $2B free cash flow and 80% revenue from U.S./Canada. Management aims for a 20% AISC reduction, potentially lowering costs to $950–$1,000/oz, positioning CDE-NGD among the lowest-cost senior producers. I initiate New Gold with a Buy rating, expecting outperformance versus GDX and a potential re-rating post-merger, supported by organic growth and M&A tailwinds. Andy Andrews/DigitalVision via Getty Images New Gold & Coeur Mining Merger Coeur Mining's ( CDE $7 billion acquisition of New Gold ( NGD ) creates a top-10 precious metals company and top-5 silver producer globally. The combined entity, upon closing, will This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar Show less Read more
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