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New Gold (TSE:NGD)
TSX:NGD
Earnings Data
Report Date
Jul 31, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.14Last Year’s EPS
0.03Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 15.22%
|Next Earnings Date:Jul 31, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in safety metrics, cash flow generation, and financial flexibility, with successful advancement in critical projects and exploration efforts. However, challenges remain with decreased gold production, high all-in sustaining costs at Rainy River, and a net loss in the quarter.Company Guidance
During the first quarter of 2025, New Gold provided comprehensive guidance on its operational and financial performance. The company achieved a total recordable injury frequency rate of 0.55, marking a 40% improvement from the previous year. It produced over 52,000 ounces of gold and 13.6 million pounds of copper at an all-in sustaining cost of $1,727 per ounce. This gold production accounted for approximately 15% of the midpoint of the consolidated production guidance, slightly surpassing the planned 14% for the quarter. New Gold generated over $107 million in cash flow from operations and $25 million in free cash flow, with New Afton contributing $52 million in quarterly free cash flow. The company also focused on financial flexibility, refinancing its senior notes to 2032 and extending its revolving credit facility to 2029 at lower rates. Additionally, New Gold acquired the remaining 19.9% free cash flow interest in New Afton for $300 million, consolidating its interest to 100%, and anticipates substantial free cash flow and mine life extension opportunities moving forward.Improvement in Safety Metrics
Achieved a total recordable injury frequency rate of 0.55, marking a 40% improvement compared to the first quarter of the previous year.
Solid Cash Flow Generation
Generated over $107 million in cash flow from operations and $25 million in free cash flow, with New Afton contributing $52 million.
Successful Refinancing and Financial Flexibility
Refinanced senior notes to 2032 and extended revolving credit facility to 2029 at lower rates, enhancing financial flexibility.
Completion of Critical Path Items
Achieved several critical path items, including over 50% completion in cave construction at New Afton and pit portal breakthrough at Rainy River.
Exploration and Development Progress
Exploration efforts at New Afton and Rainy River are proceeding well, with plans to define K-Zone resources by year-end and continued underground development.
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TSE:NGD Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:NGD Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 29, 2025 | C$4.60 | C$5.49 | +19.35% |
| Feb 19, 2025 | C$4.12 | C$4.28 | +3.88% |
| Oct 29, 2024 | C$4.05 | C$3.97 | -1.98% |
| Jul 30, 2024 | C$2.82 | C$3.19 | +13.12% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does New Gold (TSE:NGD) report earnings?
New Gold (TSE:NGD) is schdueled to report earning on Jul 31, 2025, TBA Not Confirmed.
What is New Gold (TSE:NGD) earnings time?
New Gold (TSE:NGD) earnings time is at Jul 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:NGD EPS forecast?
TSE:NGD EPS forecast for the fiscal quarter 2025 (Q2) is 0.14.
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