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New Gold Inc. (T:NGD)

Business Focus: Gold Mining

This company is also listed in the United States as NGD on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 181 Bay St Suite 3510
Tel: 1-888-3159715
IR: See website
Key People
Renaud Adams
President, Chief Executive Officer, Director
Robert J. Chausse
Chief Financial Officer, Executive Vice President
Lisa Damiani
Vice President - Government Relations, General Counsel, Corporate Secretary
Anne Lousie Day
Vice President, Investor Relations
Eric Vinet
Vice President - Technical Services
Business Overview
New Gold Inc. is a Canada-based gold mining company. The Company owns assets in Canada and Mexico. Its assets include Rainy River, New Afton Mines and Cerro San Pedro Mine. The Rainy River Mine is situated in the Richardson Township, approximately 65 kilometers (km) northwest of Fort Frances in Northwestern Ontario. The New Afton copper-gold mine is located approximately 350 km northeast of Vancouver in the south-central interior of British Columbia. The Cerro San Pedro Mine is an open-pit gold and silver heap leach operation located in central Mexico in the state of San Luis Potosi, approximately 400 km north of Mexico City and 14 km east of the city of San Luis Potosi. The Company also owns the Blackwater Project, which is located in British Columbia, Canada, approximately 160 km southwest of Prince George.
Financial Overview
For the nine months ended 30 September 2019, New Gold Inc revenues increased 10% to $491.4M. Net loss before extraordinary items decreased 78% to $73.8M. Revenues reflect Rainy River segment increase of 46% to $280.5M, Stripping Ratio -%-Rainy river increase from 2.15 to 5.19%, Copper Production (M T)-New Afton increase of 59% to 47K metric tons. Lower net loss reflects Rainy River segment income totaling $29.6M vs. loss of $386.8M.
Employees: 1,267 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $1,701M as of Sep 30, 2019
Annual revenue (TTM): $853.50M as of Sep 30, 2019
EBITDA (TTM): $366.89M as of Sep 30, 2019
Net annual income (TTM): -$1,054M as of Sep 30, 2019
Free cash flow (TTM): $110.50M as of Sep 30, 2019
Net Debt Last Fiscal Year: $755.49M as of Sep 30, 2019
Shares outstanding: 672,865,000 as of Sep 30, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization