|Bid||1.6000 x 0|
|Ask||1.6100 x 0|
|Day's Range||1.5600 - 1.6500|
|52 Week Range||0.8200 - 2.0300|
|Beta (3Y Monthly)||1.97|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 22, 2019 - Oct 28, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.24|
New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis 93,750,000 common shares (the “Common Shares”), at a price of C$1.60 per Common Share for gross proceeds of C$150 million (the “Offering”). The Company has granted the underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any. The Offering is expected to close on or about August 30, 2019 and is subject to New Gold receiving all necessary regulatory approvals, including the approval of the Toronto Stock Exchange and the securities regulatory authorities.
New Gold Inc. plans to release its second quarter 2019 financial results before market open on Thursday, August 1, 2019. A conference call and webcast will follow at 8:30 a.m.
New Gold Inc. reports in-line second quarter operating results from the Rainy River and New Afton Mines. The Company remains on track to achieve annual production guidance.
Investment company Exor Investments (UK) LLP buys New Gold Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Exor Investments (UK) LLP.
Among miners, Eldorado Gold (EGO), New Gold (NGD), IAMGOLD (IAG), and Barrick Gold (GOLD) have seen the highest gains of 50.6%, 44.4%, 40.3%, and 36.4%, respectively.
Canada's main stock index fell on Friday, mirroring losses in global equities as tensions between the United States and Iran kept investors on the sidelines. * At 9:45 a.m. ET (1345 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was down 35.47 points, or 0.21%, at 16,539.36. * Tehran had received a message from U.S. President Donald Trump, delivered through Oman overnight, warning that an attack on Iran was imminent but adding he was against war and wanted talks, Iranian officials told Reuters on Friday.
New Gold Inc. provides an update on the 2019 delineation and exploration programs at the New Afton and Rainy River Mines. The Company had previously announced its intention to refocus the Company’s efforts on identifying organic growth opportunities by launching strategic exploration programs at both assets.
New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) announced today that Mr. Nicholas Chirekos has been appointed to its Board of Directors, effective immediately. Nicholas (Nick) Chirekos has more than 25 years of experience in investment banking and capital markets, with a focus on the mining industry.
New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) announced today that the Rainy River milling operations were restarted late afternoon on Friday, May 3. For further information on the Company, please visit www.newgold.com.
New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) today provides an update on the operation of the mill at the Rainy River Mine, located in northern Ontario. In the late afternoon on April 24, management at the Rainy River mine temporarily shut down the mill to assess a buildup of water in the Tailings Management Area (TMA). Upon further examination over the ensuing days, it was determined that approximately 700,000 m3 of excess water was stored in the TMA, driven by the rapid spring melt and large snow pack this year in northern Ontario.
Gold: Analysts Are Bullish despite Weak Performance in 2019(Continued from Prior Part)Credit Suisse Credit Suisse (CS) is positive about gold prices (IAU) in 2019. The bank expects gold prices to average $1,280 per ounce in 2019 and $1,300 in 2020.
New Gold Inc. today announces the voting results from the election of its Board of Directors at New Gold’s Annual General Meeting of Shareholders held on April 24, 2019 in Toronto, Ontario.