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New Gold Inc. (NGD.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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2.0300-0.0100 (-0.49%)
At close: 04:00PM EST
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  • F
    Frederick C.
    A new analysis of New Gold appeared this morning on Seeking Alpha. In it there was no mention of the Blackwater streaming rights sale of $300mm consummated before year end. In the year end report I believe they will have more cash in hand than long term debt. I would assume any analysis would take this into account. No?
  • P
    Phil
    "Rainy River's fourth quarter production was up 16% compared to the third quarter, representing Rainy River's strongest quarter over the last two years,"

    We shall see
  • D
    Dana
    Holdn strong, good to see. Hedge fund buys slight uptick. 🐣
  • C
    Colin
    Debt is going to be a highlight for investors now that interest rates will be going up, ngd is in a position to clean that up easily if that happens. In this weird economic environment we will probably see gold and interest rates both go up together and a decade long stale stock market unfortunately. Not sure what else governments have up their sleeves, but hopefully not something to make the middle class part of the lower class.
  • R
    Rob
    Here's to hoping this is the quarter to put NGD on the map. Cheers
  • m
    mike
    Waiting for a news release telling shareholders where the 300 million us is going!
  • N
    Nautical
    The chart looks good. Candlestick cup formed, with the handle shaping up. Breakout will occur above 1.75 US and 2.18 CAD, maybe next week.
  • R
    RAJIB
    Why is it going down faster than others?
  • C
    Colin
    Is there an actual dollar figure released on what ngd is giving the otp fund every quarter or for the year?
  • S
    Stumblefoot
    Hopefully ol’ @J sold his trading shares like the rest of us into the rally this month and he can go on his merry way.
  • P
    Peter
    Something is definitely wrong here folks. Usually when Gold drops like $40 bills. NGD's right behind it, like down at least 0.15 cents...
  • C
    Colin
    Bit of a crash this morning….hopefully gold prevails.
  • P
    PUD
    My ultimate plan is to sell as much calls on NGD and use the premium to buy crypto. That’s my plan.
  • s
    spam
    NGD 25m investment in HARTE. Is that a total loss? Do they have recourse as a creditor? Is the recent $300m gain for NGD being considered for purchasing the Sugar Zone which HARTE owned 100%? That zone is apparently abundant in gold.
  • 9
    9mm formerly anonymous
    Due to the debt market action the coming rate hike has and is being priced in. We will likely see and I could be wrong NGD go into the low/mid 1.30's. It will take a week or two. The fed is not done yet. Dollar going to get a little stronger for a short while.
  • s
    spam
    NovaGold vs NewGold.
    NG trades at $6.92 with half the amount of shares. But NG is minus $20m EBITA and NGD is plus $326m, so difficult to figure. And, NGD has $503m cash to $173m for NG. (Debt for NGD is $513m and NG is $115m). Revenue generated, $742m for NGD vs 0 for NG makes this a win for NGD.
  • D
    Dana
    I hope new gold can make some significant advancements in 2022 and get financial analysts attention. 2021 was sad. $1.50 is sad. Adam's should be ashamed. BETTER marketing should be a poriority for new gold in 2022...without real news or developments, wall st will continue to ignore and hedge funds will sell. 😨
  • c
    clark
    Battery metals and gold - Does Xander have a crystal ball? The claims they own are right next to monster discoveries of Probe, Wallbridge and CNC.
    https://richardacavalli.wixsite.com/greenplanetmicrocaps/xander-january-2022
    NEW BATTERY METALS FLYER | Greenplanetmicrocaps
    richardacavalli.wixsite.com
  • P
    PUD
    The 1.50 calls i sold way way back expires on 1/22 guys. I don’t want my shares to be called away this far into the game. I would not like that one bit!
  • j
    j
    All you brilliant gold and financial analysts gurus continue with your half a - - opinions . All you PHD’S like Dr. Leon from Oxford, or is it Cambridge ? Have fun………. 🎶