New Gold Inc., an intermediate gold mining company, engages in the development and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River gold-silver mine located in Ontario, Canada; and New Afton gold-copper mine located in British Columbia, Canada. It also operates the Cerro San Pedro gold-silver mine in San Luis PotosÃ, Mexico. The company is headquartered in Toronto, Canada.
IPO Year:
Exchange: AMEX
Website: newgold.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/31/2024 | Outperform | BMO Capital Markets | |
| 5/21/2024 | Sell → Hold | TD Securities | |
| 5/21/2024 | Sector Perform → Sector Outperform | Scotiabank | |
| 3/3/2023 | $1.25 | Sector Perform | Scotiabank |
| 12/6/2022 | Hold → Reduce | TD Securities | |
| 10/3/2022 | $1.00 → $1.25 | Sector Perform → Outperform | RBC Capital Mkts |
| 1/18/2022 | Buy → Hold | Canaccord Genuity | |
| 1/18/2022 | $2.85 → $2.25 | Buy → Hold | Canaccord Genuity |
| 9/8/2021 | $1.75 → $1.50 | Underperform → Sector Perform | RBC Capital |
| 8/11/2021 | Outperform → Sector Perform | National Bank Financial |
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
6-K - New Gold Inc. /FI (0000800166) (Filer)
Strong All-in Sustaining Costs Drive Increasing Margins and Record Free Cash Flow Generation, Provides 2024 Operational Outlook Update (All amounts are in U.S. dollars unless otherwise indicated) TORONTO, Oct. 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) reports third quarter results for the Company as of September 30, 2024. Third quarter 2024 production was 78,369 gold ounces and 12.6 million pounds of copper, at operating expenses of $1,021 per gold ounce sold (co-product basis)3 and all-in sustaining costs1 of $1,195 per gold ounce sold (by-product basis). The strong cost performance allows the Company to leverage higher metal prices, result
TORONTO, Oct. 2, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is providing notice that it will release its third quarter 2024 operational and financial results after market close on Tuesday, October 29, 2024. The Company will host its third quarter 2024 earnings conference call and webcast on Wednesday, October 30, 2024 at 8:30 am Eastern Time. Third Quarter 2024 Conference Call and Webcast Participants may listen to the webcast by registering on our website at www.newgold.com or via the following linkhttps://app.webinar.net/xPwpa23nj6BParticipants may also listen to the conference call by calling North American toll free 1-888-510-2154, or 1-437-900-
TORONTO, ON / ACCESSWIRE / August 21, 2024 / Star Royalties Ltd. (" Star Royalties ", or the " Company ") (TSXV:STRR)(OTCQX:STRFF) is pleased to report its financial results for the quarter ended June 30, 2024. All amounts are in U.S. dollars, unless otherwise indicated.Q2 2024 Financial and Corporate HighlightsQuarterly revenues of $266,306 represented a 42% increase over the prior-year period due to higher sales volumes at Keysbrook.Green Star Royalties Ltd. (" Green Star ") expanded its North American nature-based investment portfolio by acquiring several U.S. Improved Forest Management (" IFM ") carbon offset royalties for $5.6 million. Green Star received its first carbon offset deliver
Company Enters Sustained Free Cash Flow Generation Period (All amounts are in U.S. dollars unless otherwise indicated) TORONTO, July 30, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) reports second quarter results for the Company as of June 30, 2024. Second quarter 2024 production was 68,598 gold ounces and 13.6 million pounds of copper as planned, at an operating expense of $1,156 per gold ounce sold (co-product basis)3 and all-in sustaining costs1 of $1,381 per gold ounce sold (by-product basis). Delivering the second quarter as planned resulted in strong cash flow from operations of $100 million and free cash flow1 of $20 million. The Company was fr
TORONTO, July 9, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is providing notice that it will release its second quarter 2024 operational and financial results after market close on Tuesday, July 30, 2024. The Company will host its second quarter 2024 earnings conference call and webcast on Wednesday, July 31, 2024 at 8:30 am Eastern Time. Second Quarter 2024 Conference Call and Webcast Participants may listen to the webcast by registering on our website at www.newgold.com or via the following link https://app.webinar.net/ZEQL5OjmYVPParticipants may also listen to the conference call by calling North American toll free 1-888-664-6383, or 1-416-764-86
TORONTO, ON / ACCESSWIRE / May 29, 2024 / Star Royalties Ltd. ("Star Royalties", or the "Company") (TSXV:STRR)(OTCQX:STRFF) is pleased to report its financial results for the quarter ended March 31, 2024. All amounts are in U.S. dollars, unless otherwise indicated.Q1 2024 Financial and Corporate HighlightsQuarterly revenues of $275,395 were in line with the prior-year period as improved sales volumes at Keysbrook offset lower royalty revenues from Elk Gold.Expanded Green Star Royalties Ltd.'s ("Green Star") North American nature-based investments by acquiring a portfolio of U.S. forest carbon offset royalties for $5.6 million, thereby receiving first carbon offset delivery. Carbon offset mar
Annual Guidance Tracking to Plan, Growth Projects Make Meaningful Strides Towards Completion (All amounts are in U.S. dollars unless otherwise indicated) TORONTO, April 30, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) reports first quarter 2024 results. First quarter 2024 production totaled 70,898 gold ounces and 13.3 million pounds of copper as planned at an operating expense of $1,106 per gold ounce sold (co-product basis)3 and all-in sustaining costs1 of $1,396 per gold ounce sold (by-product basis). Another solid quarterly performance that delivered on plan, as the Company approaches a sustained free cash flow generation period, expected to commenc
Provides Notice and Details of Annual General Meeting of Shareholders TORONTO, April 3, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (NYSE:NGD) is providing notice that it will release its first quarter 2024 operational and financial results after market close on Tuesday, April 30, 2024. The Company will host its first quarter 2024 earnings conference call and webcast on Wednesday, May 1, 2024 at 8:30 am Eastern Time. First Quarter 2024 Conference Call and Webcast Participants may listen to the webcast by registering on our website at www.newgold.com or via
Achieves Top End of Consolidated Production Guidance and Midpoint of All-In Sustaining Cost Guidance (All amounts are in U.S. dollars unless otherwise indicated) TORONTO, Feb. 13, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) reports fourth quarter and full year 2023 results. Full year 2023 production totaled 423,517 gold equivalent1 ("gold eq.") ounces at all-in sustaining costs2 of $1,545 per gold eq. ounce, achieving the top end of the Company's 2023 gold equivalent production guidance range. Another solid quarterly performance delivered strong cash flow from operations of $71 million and positive free cash flow, while still investing in and advanc
Provides Inaugural Three-Year Operational Outlook and Updated Mineral Reserves and Resources (All amounts are in U.S. dollars unless otherwise indicated) TORONTO, Feb. 8, 2024 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to provide its inaugural three-year operational outlook and updated Mineral Reserve and Mineral Resources statement for the Company as of December 31, 2023. The Company will host a webcast today at 12:30 pm Eastern Time to discuss these items (details are provided at the end of this news release). The Company uses certain non-GAAP financial performance measures throughout this release. Please refer to the "Non-GAAP Financial Performanc
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TORONTO, July 31, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce that Richard O'Brien has been appointed as Chair of the Board effective August 1, 2024. Mr. O'Brien was appointed to the Board of Directors on March 25, 2024, where it was announced that he was expected to transition into the Chair role. As previously disclosed, Ian Pearce will retire from the Board of Directors effective August 1, 2024. "On behalf of the Board and New Gold, I would like to express my gratitude to Ian not only for his eight years of dedication and commitment to the Board of Directors, but also for his assistance during this transition period over the
TORONTO, July 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce that Christian Milau has been appointed to its Board of Directors (the "Board") effective immediately. Christian brings over 25 years of experience in finance, capital markets and mining. He is a mining executive with experience leading growth-oriented exploration, development, and operating mining companies with a focus on gold and copper. His mining experience includes Chief Executive Officer of Equinox Gold from 2016 to 2022, leading the company through five mergers and acquisitions and growing from a single-asset developer to a multi-mine producer with eight oper
TORONTO, May 15, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) today announces the voting results from the election of its Board of Directors at New Gold's Annual General Meeting of Shareholders (the "Meeting") held on May 14, 2024, as set out below. Election of DirectorsDirector Nominee Votes For % For Votes Withheld % Withheld Patrick Godin 361,329,329 99.53 % 1,717,797 0.47 % Nicholas Chirekos 290,253,990 79.95 % 72,793,135 20.05 % Gillian Davidson 341,491,337 94.06 % 21,555,788 5.94 % Thomas McCulley 361,301,870 99.52 % 1,745,255 0.4
Ian Pearce to retire August 1st, 2024 and Mr. O'Brien to transition to Chair of the Board TORONTO, March 25, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce that Richard O'Brien has been appointed to its Board of Directors (the "Board") effective immediately and will stand for election by shareholders at New Gold's Annual General Meeting on May 14, 2024 (the "AGM"). Ian Pearce has informed the Board that he will retire from the Board on August 1, 2024. Following the AGM, it is expected that the Board will appoint Mr. O'Brien as Chair upon Mr. Pearce's retirement from the Board. Mr. Pearce will assist Mr. O'Brien in transitioning i
TORONTO, Nov. 30, 2023 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce the promotion of Keith Murphy to Executive Vice President and Chief Financial Officer, effective January 2, 2024. Mr. Murphy will be succeeding Rob Chausse, who will be retiring at the end of 2023, as previously announced this year. Keith Murphy is a Chartered Accountant and an executive with over 15 years of experience in finance, primarily within the mining industry. Mr. Murphy joined the Company in 2013 and was promoted to Vice President, Finance in April 2023. Since joining the Company, he has held key responsibilities in the areas of financial reporting, taxatio
TORONTO, May 9, 2023 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) today announces the voting results from the election of its Board of Directors at New Gold's Annual General and Special Meeting of Shareholders (the "Meeting") held on May 9, 2023, as set out below. Setting the size of the Board of Directors Votes For Votes Against Votes For Votes Against 376,508,298 1,129,362 99.70 % 0.30 % Election of Directors Director Nominee Votes For % For Votes Withheld % Withheld Geoffrey Chater 374,964,364 99.29 % 2,673,297 0.71 % Nicholas Chirekos 369,715,920 97.90 % 7,921,741 2.10 % Gillian Davidson 371,400,854 98.35 % 6,236,806 1.65 % Patrick Godin 375,353,392 99
New Gold appoints Yohann Bouchard as Executive Vice President and Chief Operating Officer and promotes Ankit Shah to Executive Vice President, Strategy and Business Development TORONTO, April 11, 2023 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce the appointment of Yohann Bouchard as Executive Vice President and Chief Operating Officer, and the promotion of Ankit Shah to Executive Vice President, Strategy and Business Development. New Gold also announces the appointment of Luke Buchanan as Vice President, Technical Services and Jean-François Ravenelle as Vice President, Geology. "I am very pleased to have Yohann join our team. He brin
TORONTO, Nov. 23, 2022 /CNW/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) has appointed Patrick Godin as its new President and Chief Executive Officer, effective immediately. Mr. Godin succeeds Renaud Adams, who has served as CEO since September 2018. Mr. Godin has been New Gold's Executive Vice President and Chief Operating Officer since his appointment in May 2022. Mr. Godin has more than 30 years of technical and operations experience in the mining industry, with a focus on mine development and operations. Prior to his role with the Company, Mr. Godin worked in various executive roles in the mining sector, including as President and Chief Executive Officer of Storno
TORONTO, March 28, 2022 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce the appointment of Patrick Godin as Executive Vice President and Chief Operating Officer, effective May 2, 2022. Patrick brings with him more than 30 years of technical and operations experience in the mining industry. Most recently, Patrick was Vice President and Chief Operating Officer of Pretium Resources Inc. ("Pretivm") until the sale of the company to Newcrest Mining Ltd. earlier this month. During his time at Pretivm, Patrick was responsible for the operations of the Brucejack Mine. Prior to Pretivm, Patrick was the President and Chief Executive Officer of St
Strengthens Board of Directors with Two New Appointments May 05, 2021-- New Gold Inc. ("New Gold" or the "Company") (NYSE:NGD) today announces the voting results from the election of its Board of Directors at New Gold's Annual General Meeting of Shareholders (the "Meeting") held on May 4, 2021 as set out below. The Company also announced the appointment of Geoff Chater and Thomas McCulley to its Board of Directors, effective May 4, 2021. Director Nominee Votes For % For Votes Withheld % Withheld Renaud Adams 338,875,377 97.05% 10,298,818 2.95% Geoffrey Chater 347,915,511 99.64% 1,258,684 0.36% Nichola
NetworkNewsWire Editorial Coverage NEW YORK, Nov. 21, 2024 /PRNewswire/ -- Interest in the mining sector is on the rise, fueled by growing demand for metals that are crucial to modern industries. The shift toward clean-energy technologies, including electric vehicles (EVs) and renewable energy systems, has heightened the need for critical minerals, particularly lithium, cobalt, nickel and rare earth elements (REEs). At the same time, traditional metals such as copper and aluminum are seeing renewed importance due to their essential roles in infrastructure and energy transmission. Gold and silver remain appealing as safe-haven assets during periods of economic uncertainty and inflation. Addit
Strong All-in Sustaining Costs Drive Increasing Margins and Record Free Cash Flow Generation, Provides 2024 Operational Outlook Update (All amounts are in U.S. dollars unless otherwise indicated) TORONTO, Oct. 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) reports third quarter results for the Company as of September 30, 2024. Third quarter 2024 production was 78,369 gold ounces and 12.6 million pounds of copper, at operating expenses of $1,021 per gold ounce sold (co-product basis)3 and all-in sustaining costs1 of $1,195 per gold ounce sold (by-product basis). The strong cost performance allows the Company to leverage higher metal prices, result
Projects are Expected to Drive Significant Production Growth and Cost Reduction TORONTO, Oct. 29, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce the completion of significant production milestones at the New Afton copper-gold mine in British Columbia and the Rainy River gold mine in Ontario. C-Zone, New Afton's fourth block cave, achieved commercial production ahead of schedule with the materials handling system coming online in October and the cave footprint reaching the targeted hydraulic radius for self-cave propagation. Installation of the gyratory crusher and conveyor system was completed ahead of schedule and C-Zone is now s
TORONTO, Oct. 2, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is providing notice that it will release its third quarter 2024 operational and financial results after market close on Tuesday, October 29, 2024. The Company will host its third quarter 2024 earnings conference call and webcast on Wednesday, October 30, 2024 at 8:30 am Eastern Time. Third Quarter 2024 Conference Call and Webcast Participants may listen to the webcast by registering on our website at www.newgold.com or via the following linkhttps://app.webinar.net/xPwpa23nj6BParticipants may also listen to the conference call by calling North American toll free 1-888-510-2154, or 1-437-900-
Highlights the Upside Potential from Multiple High-Grade Copper-Gold Porphyry Zones in the Eastern Sector of the Mine TORONTO, Sept. 16, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to provide an update on its ongoing exploration program at its New Afton mine in British Columbia, Canada. Following successful exploration results at K-Zone earlier this year (see news release dated May 29, 2024), exploration drilling in the eastern part of the mine continues to intersect high-grade copper-gold porphyry mineralization. "These exceptional results further highlight the exploration upside around the New Afton mine. The eastern sector of the mine,
TORONTO, Sept. 11, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to provide an update on its ongoing Rainy River exploration program. Over the first eight months of 2024, exploration drilling at Rainy River has proven successful in advancing the Company's exploration objectives to expand existing resource envelopes, confirm the continuity of potential new mining zones, and grow the mineralized footprint through new near-mine discoveries. These results are expected to have a positive impact on Rainy River's mineral resource estimate at year-end 2024 and provide high-quality targets as the foundation of the Company's exploration strategy in th
TORONTO, Sept. 9, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce that Sophie Bergeron and Ross Bhappu have been appointed to its Board of Directors (the "Board"). Sophie brings over 20 years of mining experience with a focus on operations and project management, as well as a strong sustainability background focused on safe mining. Sophie is currently the Managing Director, Diamonds for Rio Tinto Iron and Titanium and Diamonds where responsibilities include managing operations and projects in Canada and Africa, and le
TORONTO, ON / ACCESSWIRE / August 21, 2024 / Star Royalties Ltd. (" Star Royalties ", or the " Company ") (TSXV:STRR)(OTCQX:STRFF) is pleased to report its financial results for the quarter ended June 30, 2024. All amounts are in U.S. dollars, unless otherwise indicated.Q2 2024 Financial and Corporate HighlightsQuarterly revenues of $266,306 represented a 42% increase over the prior-year period due to higher sales volumes at Keysbrook.Green Star Royalties Ltd. (" Green Star ") expanded its North American nature-based investment portfolio by acquiring several U.S. Improved Forest Management (" IFM ") carbon offset royalties for $5.6 million. Green Star received its first carbon offset deliver
TORONTO, July 31, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) is pleased to announce that Richard O'Brien has been appointed as Chair of the Board effective August 1, 2024. Mr. O'Brien was appointed to the Board of Directors on March 25, 2024, where it was announced that he was expected to transition into the Chair role. As previously disclosed, Ian Pearce will retire from the Board of Directors effective August 1, 2024. "On behalf of the Board and New Gold, I would like to express my gratitude to Ian not only for his eight years of dedication and commitment to the Board of Directors, but also for his assistance during this transition period over the
Company Enters Sustained Free Cash Flow Generation Period (All amounts are in U.S. dollars unless otherwise indicated) TORONTO, July 30, 2024 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) reports second quarter results for the Company as of June 30, 2024. Second quarter 2024 production was 68,598 gold ounces and 13.6 million pounds of copper as planned, at an operating expense of $1,156 per gold ounce sold (co-product basis)3 and all-in sustaining costs1 of $1,381 per gold ounce sold (by-product basis). Delivering the second quarter as planned resulted in strong cash flow from operations of $100 million and free cash flow1 of $20 million. The Company was fr
New Gold Inc. ("New Gold" or the "Company") (TSX:NGD) (NYSE:NGD) deeply regrets that early this morning, July 24th, 2024, an employee operating a piece of equipment in the open pit was fatally injured at the Rainy River Mine in northwestern Ontario.The health, safety and wellbeing of our employees is our top priority. The Company is working closely with local authorities and an investigation is underway. Operations have been voluntarily suspended. The thoughts of management are with the family, friends and colleagues who have been impacted by this tragic incident.
CIBC analyst Anita Soni maintains New Gold (AMEX:NGD) with a Outperformer and raises the price target from $3 to $3.4.
Correction: CIBC analyst Anita Soni upgrades New Gold (AMEX:NGD) from Neutral to Outperformer and raises the price target from $2.1 to $3. Rating change updated
BMO Capital analyst Brian Quast maintains New Gold (AMEX:NGD) with a Outperform and raises the price target from $3 to $3.5.
Scotiabank analyst Eric Winmill maintains New Gold (AMEX:NGD) with a Sector Outperform and raises the price target from $2.25 to $2.5.
Scotiabank analyst Eric Winmill upgrades New Gold (AMEX:NGD) from Sector Perform to Sector Outperform and raises the price target from $2 to $2.25.
Friday is shaping up to be one of the strongest days for metal commodities in recent years. Gold climbed over 1.7% toward a record-high close above $2,400 per ounce, silver surged more than 6% to its highest level since February 2013, and copper hit an all-time high. What Happened: In a week marked by diminishing inflation fears, the case for Federal Reserve rate cuts strengthened. Additionally, news of a broad-based Chinese stimulus to support the struggling real estate sector sent metal commodities skyrocketing. Beijing announced measures such as reducing down payments for homebuyers and a state-financed package to convert unsold properties into social housing. Copper, extremely sens
(All dollar figures are in US dollars unless otherwise indicated) TORONTO, May 13, 2024 (GLOBE NEWSWIRE) -- New Gold Inc. ("New Gold" or the "Company") (NYSE:NGD) is pleased to announce that it has entered into an agreement relating to its strategic partnership with Ontario Teachers' Pension Plan ("Ontario Teachers'") at the New Afton Mine ("New Afton"), whereby New Gold will increase its effective free cash flow interest in New Afton to 80.1% (the "Transaction").On closing of the Transaction, Ontario Teachers' free cash flow interest in New Afton will be reduced from 46.0% to 19.9% in exchange for an upfront cash payment of $255 million from New Gold. New Gold will fund the cash payment wit
New Gold (AMEX:NGD) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of undefined by Infinity percent. This is a 33.33 percent decrease over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $192.100 million which beat the analyst consensus estimate of $190.920 million by 0.62 percent. This is a 4.71 percent decrease over sales of $201.600 million the same period last year.
BMO Capital Markets resumed coverage of New Gold with a rating of Outperform
TD Securities upgraded New Gold from Sell to Hold
Scotiabank upgraded New Gold from Sector Perform to Sector Outperform
Scotiabank resumed coverage of New Gold with a rating of Sector Perform and set a new price target of $1.25
TD Securities downgraded New Gold from Hold to Reduce
RBC Capital Mkts upgraded New Gold from Sector Perform to Outperform and set a new price target of $1.25 from $1.00 previously
Canaccord Genuity downgraded New Gold from Buy to Hold
Canaccord Genuity downgraded New Gold from Buy to Hold and set a new price target of $2.25 from $2.85 previously
RBC Capital upgraded New Gold from Underperform to Sector Perform and set a new price target of $1.50 from $1.75 previously
National Bank Financial downgraded New Gold from Outperform to Sector Perform