New Gold Sees Higher 2024 Copper Production -- Commodity Comment [MarketWatch]
New Gold Inc. (NGD)
NASDAQ:AMEX Investor Relations:
newgold.com/investors
Company Research
Source: MarketWatch
The company says 2024 copper production is expected to be 50 million to 60 million pounds, approximately 16% higher than 2023 driven by an increased contribution from C-Zone at New Afton. Advertisement On 2024 gold production: New Gold says 2024 consolidated gold production is expected to be 310,000 to 350,000 ounces, compared to 321,178 in 2023. Production is expected to strengthen in the second half of the year, with the second half of 2024 expected to represent approximately 60% of annual production as waste stripping at Rainy River is sequenced in the first half of the year. Copper production in 2024 is expected to be 50 million to 60 million pounds, approximately 16% higher than in 2023, driven by increased contribution from C-Zone at New Afton. On capital spending and 2026 production: The company says 2024 is expected to be the final year of significant capital spending, as it starts to realize the benefits of these expenditures. As a result, consolidated gold product
Show less
Read more
Impact Snapshot
Event Time:
NGD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NGD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NGD alerts
High impacting New Gold Inc. news events
Weekly update
A roundup of the hottest topics
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