New Gold Inc. (TSE:NGD)

New Gold Inc. (TSE:NGD) Company Profile

Symbol(s): TSE:NGD, NYSEMKT:NGD
Industry: Gold Mining
Website: www.newgold.com
eMail: info@newgold.com

New Gold Inc. (TSE:NGD) is a Canadian Gold mining company. It’s a major mainly focused on exploration and development of mineral properties in Australia, Canada, Mexico, USA and Chile. The company has multiple properties including Peak Mines (Cobar, Nsw, Australia), New Afton (Kamloops, Canada), Cerro San Pedro (San Luis Potosi, Mexico), Mesquite (Yuma, Az, USA), Rainy River (Fort Frances, Canada), El Morro (Vallenar, Chile), 3TS (Vanderhoof, Canada), Baird (Red Lake, On, Canada), Blackwater (Vanderhoof, Canada), Block B (Richardson, On, Canada), Block C (Richardson, On, Canada), Burns (Ontario, Canada), Capoose (Prince George, Canada), Davidson (Vanderhoof, Bc, Canada), Drum Lake (Pickle Lake, On, Canada), Gold Creek (Pickle Lake, On, Canada), Scotia (Prince Rupert, Bc, Canada), Ti-pa-haa-kaa-ning (Ontario, Canada) and Rio Figueroa (Copiapo, Chile).

New Gold Inc. (TSE:NGD) has about 25 million ounces of gold reserves & resources and 110 million ounces of silver reserves & resources. The company currently produces 400000 ounces of gold per year with the all-in sustaining costs of US$750 per ounce. It also produces 1800000 ounces of silver per year with the all-in sustaining costs of US$15 per ounce.

New Gold Inc. has US$151.2 million cash and US$789 million debt. The company has 676 million shares outstanding and as of September 01, 2020, had a market capitalization of US$1130.27 million. The stocks of New Gold Inc. trade on the Toronto Stock Exchange and the NYSE MKT Stock Exchange.