New Gold Inc. (NGD:CA) is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold-silver mine in Ontario and the New Afton gold-copper mine in British Columbia. The company is committed to responsible mining practices and aims to deliver sustainable value to its stakeholders.
Expected Quarterly Earnings Report of New Gold Inc:
New Gold Inc. is scheduled to release its first quarter 2025 operational and financial results after market close on Tuesday, April 29, 2025. The company will host a conference call and webcast to discuss these results on Wednesday, April 30, 2025, at 8:30 am Eastern Time.
Analysts anticipate that New Gold will report earnings per share (EPS) of approximately $0.01 for Q1 2025, reflecting a decrease from the $0.03 EPS reported in the same quarter of the previous year.
Stock Target Advisor’s Analysis on New Gold Inc.
Stock Target Advisor currently holds a “Strong Buy” consensus rating for New Gold Inc., based on assessments from six analysts. This positive outlook is attributed to the company’s strategic initiatives, including cost management and project milestones achieved in previous quarters.
In the fourth quarter of 2024, New Gold reported an EPS of $0.07, surpassing the consensus estimate of $0.06. The company achieved close to 300,000 ounces of gold and 54 million pounds of copper production, with an all-in sustaining cost of $1,239 per ounce.
Conclusion
As New Gold Inc. prepares to release its Q1 2025 earnings, investors and analysts will closely monitor the company’s performance metrics and strategic outlook. The anticipated earnings report and subsequent conference call will provide insights into the company’s operational efficiency and financial health, informing investment decisions moving forward.
Muzzammil is a content writer at Stock Target Advisor. He has been writing stock news and analysis at Stock Target Advisor since 2023 and has worked in the financial domain in various roles since 2020. He has previously worked on an equity research firm that analyzed companies listed on the stock markets in the U.S. and Canada and performed fundamental and qualitative analyses of management strength, business strategy, and product/services forecast as indicated by major brokers covering the stock.
