- Price:
- $2.82
- Open:
- $2.88
- Previous close:
- $2.87
- Day's range:
- $2.78 - $2.88
- Year's range:
- $1.09 - $3.25
- Net Income per Share:
- 0.02
- Price-to-Earnings ratio:
- 141.00
- 52-week Price Range:
- $2.81
- Volume:
- $8,048,129.00
- Average volume:
- $9,870,500.00
Company profile for New Gold Inc.
New Gold Inc. is an intermediate gold mining company that engages in the exploration, development, and operation of mineral properties. Founded in 1980 and headquartered in Toronto, Canada, the company primarily explores for gold, silver, and copper deposits. New Gold Inc. currently holds 100% interests in two operating mines: the Rainy River mine located in Ontario, Canada, and the New Afton mine situated in British Columbia, Canada. Additionally, the company operates the Cerro San Pedro mine in San Luis Potosí, Mexico.
The Rainy River mine is an open pit and underground gold-silver mine. It consists of a large mineral reserve base and is expected to produce approximately 330,000 ounces of gold per year. The New Afton mine is an underground copper-gold mine. It is estimated to produce approximately 100 million pounds of copper and 70,000 ounces of gold annually. The Cerro San Pedro mine is an open pit gold-silver mine that is expected to produce approximately 40,000 ounces of gold and 1.4 million ounces of silver annually.
New Gold Inc. is committed to responsible mining and has adopted a number of policies and initiatives to ensure long-term sustainability. The company is focused on reducing its carbon footprint, increasing energy efficiency, and minimizing its environmental impact. It also has a commitment to protecting the health and safety of its employees and the communities in which it operates. New Gold Inc. is also committed to supporting the economic development of the local communities in which it operates.
- Stock exchanges:
- AMEX
- Sector:
- Basic Materials
- Industries:
- Gold
- Ticker:
- NGD
- CIK:
- 800166
- ISIN:
- CA6445351068
- Website:
- https://www.newgold.com
- Phone:
- 14163246000
- Origin:
- Canada
- Employees:
- 1,337