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Why New Gold Is A Buy, Although The Rainy River Guidance Is Disappointing?

2018-01-19 seekingalpha
Rainy River's AISC is expected at $875/toz over the first 9 years of production, which is notably higher than originally projected. (22-0)

BRIEF-New Gold Sees Consolidated Gold Production Of 525,000 - 595​,000 Ounces In 2018

2018-01-17 reuters
* ‍NEW GOLD‘S 2018 ALL-IN SUSTAINING COSTS ARE EXPECTED TO INCREASE RELATIVE TO PRIOR YEAR​ Source text for Eikon: Further company coverage: (22-1)

What Precious Metals’ Technical Levels Indicate

2018-01-11 editors.aws.marketrealist
Precious metal mining companies have witnessed a rebound in their prices alongside precious metals. This article will look at a detailed analysis of miners including Royal Gold (RGLD), New Gold (NGD), Agnico-Eagle Mines (AEM), and IAMGOLD (IAG). These stocks have risen 1.3%, 5.2%, 1.8%, and 2.6%, respectively, so far in 2018. The VanEck Vectors Junior Gold Miners Fund (GDXJ) has seen a marginal YTD gain of 1%. (22-0)

What’s the 3-Year Correlation between Miners and Gold?

2018-01-10 editors.aws.marketrealist
Gold is the most influential precious metal, and most miners follow its price trends. For our correlation analysis, we are comparing the mining stocks to gold. In this part of the series, we’ll look at Royal Gold (RGLD), Goldcorp (GG), New Gold (NGD), and Newmont Mining (NEM). We’ll look at the performance of the miners and their correlation to gold over the past three years. (25-0)

How Will Inflation Expectations Play on Gold in 2018?

2018-01-08 editors.aws.marketrealist
As discussed in the previous part of this series, the Fed is keenly looking at inflation data to decide on the frequency of rate hikes in 2018. While the Fed kept on stating for some time that the weaker inflation data is transitory, recently it said low inflation is “a mystery” and an “unexplainable surprise.” (30-0)

A Quick Look at the Technicals for Gold and Silver as 2018 Begins

2018-01-08 editors.aws.marketrealist
Gold and silver rose marginally on Wednesday, January 3, 2018. Gold futures for January expiration reported a five-day price rise of 2.3%, and gold closed at $1,316.20 per ounce. This is the highest close for gold since mid-September 2017. (55-0)

Could the Fed’s Delay in Hiking Rates Help Gold in 2018?

2018-01-08 editors.aws.marketrealist
The Fed started the rate hike process in December 2015 when it raised the key interest rates by 25 basis points. Between then and December 2017, it raised interest rates five times. The Fed has already stated that it will continue its gradual rate hike process in 2018 if economic data show strength. (41-0)

Rite Aid Has Nowhere To Go But Up

2018-01-08 seekingalpha
Equity valuations in the stock market are difficult opinions to calculate but the current valuation of Rite Aid (RAD) stock has fallen off the proverbial cliff. I will attempt to outline the reasons for its current undervaluation and possible forward trajectory in this article. (265-1)

Gold - A Typical Year-End Buying Opportunity

2018-01-04 seekingalpha
In my last comments on September 15th, gold (GLD) hit my $1360 target and I was contemplating the possibility of a break above $1375. I believed at that time, the best chance for this was in September/October because after that we would enter the typical year end period of gold weakness. As it turned out gold made it no higher than my $1360 target and the year end weakness began to take hold. (93-0)

How Precious Metals Reacted to GDP Numbers

2018-01-03 editors.aws.marketrealist
All four precious metals saw an up day on Tuesday, December 26, 2017. Gold futures for January expiration were up 0.67% to close at $1,285.5. Spot gold was at $1,283.3 per ounce. Silver rose almost 1% and gave a close at $16.6 per ounce. Platinum increased 0.05% to end the day at $923.5 an ounce. Palladium was the winner among precious metals on Tuesday with a rise of 1.2% to end at $1,055.2 an ounce. (35-1)

How Precious Metals Reacted to GDP Numbers

2018-01-03 marketrealist
All four precious metals saw an up day on Tuesday, December 26, 2017. Gold futures for January expiration were up 0.67% to close at $1,285.5. Spot gold was at $1,283.3 per ounce. Silver rose almost 1% and gave a close at $16.6 per ounce. Platinum increased 0.05% to end the day at $923.5 an ounce. Palladium was the winner among precious metals on Tuesday with a rise of 1.2% to end at $1,055.2 an ounce. (35-1)

Royal Gold: Streaming Companies Made Investors Richer in 2017

2017-12-26 marketrealist
The returns for royalty and streaming companies in 2017 have surpassed the actual miners (GDX) by a huge margin. In royalty and streaming, companies don’t actually dig metals out of the ground like their mining peers; they provide upfront financing to these miners in exchange for rights to production streams. While royalty companies provide exposure to precious metals, they do so at considerably lower risk than if they mined the metals. (52-0)

Iamgold: A Fantastic 2017, but Can It Do It Again?

2017-12-26 marketrealist
Iamgold (IAG) is the best-performing stock in the gold miner space with a YTD (year-to-date) return of 44.2% as of December 18, 2017. The VanEck Vectors Gold Miners ETF (GDX), which replicates the performance of the NYSE Arca Gold Miners Index, has returned 5.2% in the same period. Overall, gold miners have lagged behind gold’s performance in 2017. Its close peers have mostly had negative returns YTD. (47-0)

Correlation Study of the Top Miners and Gold

2017-12-21 marketrealist
Gold is the most crucial precious metal. As a result, miners usually follow the trends in gold. In this part, we’ll discuss the correlations of New Gold (NGD), Newmont Mining (NEM), Sibanye Gold (SBGL), and Gold Fields (GFI). (27-0)

CUSIP: 644535106