BofA upgrades New Gold, lifts target by 50% on growth potential [Yahoo! Finance]
New Gold Inc. (NGD)
NASDAQ:AMEX Investor Relations:
newgold.com/investors
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Source: Yahoo! Finance
BofA highlighted an operational turnaround at New Gold's two Canadian mines, New Afton in British Columbia and Rainy River in northwestern Ontario. Investments in waste stripping, underground development, and operational optimization have positioned both mines for stronger performance. “ NGD = an unfolding operational turnaround that is driving strong gold and copper production growth, falling unit costs, and an inflection higher in free cash flow; plus strong jurisdictional exposure, and an attractive valuation,” BofA said BofA raised its net asset value (NAV) estimate for New Gold by 19%, reflecting new mine plans and improved operational forecasts. It increased its NAV valuation multiple to 1.25x from 1.00x, citing New Gold's stronger in
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NGD
News
- Balancing Innovation And Sustainability: How The Tech Industry Can Combat Climate Change [Forbes]Forbes
- New Gold Inc. (NYSE: NGD) was upgraded by analysts at Bank of America Co. from an "underperform" rating to a "buy" rating. They now have a $3.90 price target on the stock, up previously from $2.60.MarketBeat
- New Gold Inc. (NYSE: NGD) was upgraded by analysts at National Bank Financial to a "strong-buy" rating.MarketBeat
- Is New Gold Inc. (NGD) the Most Undervalued Silver Mining Stock to Buy According to Analysts? [Yahoo! Finance]Yahoo! Finance
- New Gold (NGD) Stock Drops Despite Market Gains: Important Facts to Note [Yahoo! Finance]Yahoo! Finance
NGD
Earnings
- 2/19/25 - Beat
NGD
Sec Filings
- 3/20/25 - Form 6-K
- 3/14/25 - Form 6-K
- 3/14/25 - Form 6-K
- NGD's page on the SEC website