New Gold Inc.
New York Stock Exchange AmericanCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Patrick Godin Asc.
- Full Time Employees
- 1,337
- Sector
- Basic Materials
- Industry
- Gold
- Address
- Brookfield Place Toronto ON Canada M5J 2T3
- IPO Date
- Nov 18, 2004
- CIK
- 0000800166
- Website
- newgold.com
- Similar Companies
- Business
- New Gold Inc. (TSX, NYSE American: NGD) is a Canadian intermediate gold producer that explores for, develops and operates mineral properties, with a focus on gold, silver and copper deposits; the company owns and operates the Rainy River open-pit gold-silver mine in northwestern Ontario and the New Afton underground gold-copper mine in south-central British Columbia. Core products include doré bars and concentrates containing gold equivalent ounces, silver as a byproduct at Rainy River, and copper concentrates from New Afton, with 2024 production totaling approximately 241,000 gold equivalent ounces, 3.4 million ounces of silver and 13.8 million pounds of copper. Founded in 1980 and headquartered in Toronto, Ontario, the company targets global precious and base metals markets through efficient extraction, processing and sales from its Canadian assets. In recent developments, New Gold consolidated 100% ownership of the New Afton mine through a strategic agreement in April 2025, eliminating prior joint venture interests and enhancing operational control. The company extended mine life at both Rainy River and New Afton in February 2025, outlining strong free cash flow over the next three years via exploration successes like the K-Zone at New Afton and higher throughput at Rainy River targeting 6 million tonnes per annum by 2026. Additionally, New Gold completed a US$173 million bought deal equity financing in May 2024 to bolster its balance sheet and support growth initiatives.
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