NGD - New Gold Inc.
| Previous Close | 1.2300 |
| Open | 1.2400 |
| Bid | 1.2100 x 28000 |
| Ask | 1.2200 x 21500 |
| Day's Range | 1.2050 - 1.2450 |
| 52 Week Range | 0.6100 - 1.5600 |
| Volume | 3,605,593 |
| Avg. Volume | 6,892,001 |
| Market Cap | 816.566M |
| Beta (3Y Monthly) | 1.73 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.6290 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 4.01 |
- Business Wire
New Gold Inc. Closes C$150 Million Bought Deal Financing
New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD) is pleased to announce that it has closed its previously announced offering (the “Offering”) of common shares of the Company (“Common Shares”) with a syndicate of underwriters. An aggregate of 93,750,000 Common Shares were issued by the Company at a price of C$1.60 per share for aggregate proceeds of C$150 million. New Gold intends to use the proceeds to enhance financial flexibility, strengthen the balance sheet, including debt repayment, and general corporate purposes.
- Moody's
New Gold Inc. -- Moody's upgrades New Gold's liquidity to SGL-3; affirms B3 CFR, negative outlook
Moody's Investors Service ("Moody's") upgraded its Speculative Grade Liquidity Rating ("SGL") for New Gold Inc. ("New Gold") to SGL-3 from SGL-4. At the same time Moody's affirmed New Gold's Corporate Family rating (CFR) at B3, Probability of Default Rating at B3-PD and senior unsecured notes rating at Caa1. Outlook Actions: ..Issuer: New Gold Inc. ....Outlook, Remains Negative Affirmations: ..Issuer: New Gold Inc.
- GlobeNewswire
New Gold Inc. Announces C$150 Million Bought Deal Financing
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.
Motley FoolNew Gold Inc. (NGD) Q2 2019 Earnings Call Transcript
NGD earnings call for the period ending June 30, 2019.
- Zacks
New Gold (NGD) Reports Q2 Loss, Misses Revenue Estimates
New Gold (NGD) delivered earnings and revenue surprises of 50.00% and -6.62%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Zacks
Moving Average Crossover Alert: New Gold
New Gold Inc. (NGD) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- Zacks
WestRock (WRK) to Report Q3 Earnings: What's in the Cards?
Benefits from higher seasonal volumes across WestRock's (WRK) segments, lower costs is likely to be offset by planned higher maintenance in fiscal third-quarter 2019.
- Zacks
Vale (VALE) To Report Q2 Earnings: What's in the Offing?
Despite lower iron production on account of the Brumadinho dam rupture, higher iron ore prices are likely to buoy Vale's (VALE) second-quarter earnings and revenues.
- Market Realist
Which Gold Stocks Do Analysts Love and Hate?
Gold price’s reversal this year has created opportunities in gold stocks. The SPDR Gold Shares ETF (GLD) had gained 11% year-to-date as of Friday.
- Zacks
The Zacks Analyst Blog Highlights: Kinross Gold, Franco-Nevada, Barrick Gold, New Gold and Newmont Goldcorp
The Zacks Analyst Blog Highlights: Kinross Gold, Franco-Nevada, Barrick Gold, New Gold and Newmont Goldcorp
- Zacks
5 Mining Stocks Poised to Outshine Q2 Earnings Estimates
Here are five mining stocks that have the right combination of elements to pull off positive surprises this earnings season.
- Zacks
5 Must-Buy Gold Stocks Ahead of Q2 Earnings on Rate Cut Hope
Fed's rate cut hope, IMF's comment on U.S. dollar and jump in government yields due to fears of global slowdown had a combined positive effect on gold price.
- Market Realist
Will Gold Miners Soar in the Second Half as Gold Rises?
Gold prices have seen a reversal in the last month or so. The SPDR Gold Shares ETF (GLD) gained 8.0% in June alone.
- Zacks
Gold Mining Tops in June: 5 Best ETFs, Stocks (Revised)
Gold was on a rise in June and recorded its best month in three years, climbing about 8%.
- GuruFocus.com
Exor Investments (UK) LLP Buys New Gold Inc
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.
- Zacks
Will New Gold Continue to Surge Higher?
As of late, it has definitely been a great time to be an investor New Gold.
- Zacks
Gold Mining Tops in June: 5 Best ETFs, Stocks
Gold was on a rise in June and recorded its best month in three years, climbing about 8%.
- Insider Monkey
Here’s What Hedge Funds Think About New Gold Inc. (NGD)
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
- Business Wire
New Gold Hosts Rainy River Site Tours
New Gold Inc. announces that it is hosting tours of the Rainy River Mine for analysts and institutional investors on June 26 and 27, 2019.
Motley FoolWhy Teva Pharmaceutical Industries, Mesoblast, and New Gold Jumped Today
Find out how a combination of factors helped these stocks defy a down market.
- Motley Fool
Here's Why New Gold Rose as Much as 14.6% Today
Much like gold prices, the gold miner is on the up-and-up.
- Business Wire
New Gold Provides Update on Delineation and Exploration Programs at the New Afton and Rainy River Operations
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.
- Business Wire
New Gold Appoints Nicholas Chirekos to the Board of Directors
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.
