New Gold Inc.

NGD-T

TSE:NGD

2.25
0.04 (1.75%)
New Gold Inc. is a multinational mining company with gold, silver and copper containing assets. It engages in both exploratory and production activity in North America, South America and Australia.
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Analysis and Opinions about NGD-T

Signal
Opinion
Expert
COMMENT
COMMENT
May 30, 2014

A midsize gold producer, mostly focused around the Americas. Production is around 400,000 ounces a year. Current production is not so important; it is really expectations of future production. You really have to get comfortable with development assets because they have a suite of very large development assets in Canada. He is not looking for companies that have to plow a lot of cash and capital into the ground to keep production growing and generate free cash flow. This company is caught up in that position, where most of their cash flow right now is going to be reinvested to bring on new assets. Great for adding value long-term, but for him, he is looking for free cash flow and there is not a lot. Fairly valued now. Management team is probably one of the best in the business.

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A midsize gold producer, mostly focused around the Americas. Production is around 400,000 ounces a year. Current production is not so important; it is really expectations of future production. You really have to get comfortable with development assets because they have a suite of very large development assets in Canada. He is not looking for companies that have to plow a lot of cash and capital into the ground to keep production growing and generate free cash flow. This company is caught up in that position, where most of their cash flow right now is going to be reinvested to bring on new assets. Great for adding value long-term, but for him, he is looking for free cash flow and there is not a lot. Fairly valued now. Management team is probably one of the best in the business.

Jon Case
Price
$5.810
Owned
No
HOLD
HOLD
March 13, 2014

Technically this is in an upward trend, outperforming the Canadian market and very close to breaking out which would be a confirmation of an upward trend. Also, trading above its 20 day moving average. However, there is some resistance at around $8.30 which doesn’t create too much concern. Historically, the stock doesn’t do very well from February to July of each year.

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New Gold Inc. (NGD-T)
March 13, 2014

Technically this is in an upward trend, outperforming the Canadian market and very close to breaking out which would be a confirmation of an upward trend. Also, trading above its 20 day moving average. However, there is some resistance at around $8.30 which doesn’t create too much concern. Historically, the stock doesn’t do very well from February to July of each year.

Don Vialoux
Price
$7.020
Owned
Unknown
HOLD
HOLD
March 11, 2014

If you bought it just recently then you will need to be a bit patient. He tries to buy after a breakout, which it hasn't done yet. If you have it hold it for now.

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New Gold Inc. (NGD-T)
March 11, 2014

If you bought it just recently then you will need to be a bit patient. He tries to buy after a breakout, which it hasn't done yet. If you have it hold it for now.

Keith Richards
Price
$6.670
Owned
Unknown
COMMENT
COMMENT
February 18, 2014

This is on his Stock Watch list. Very much based on where the price of gold is. Very interesting and a good contrarian play but he feels there are others in the gold sector that could be of greater interest. (See Top Picks.)

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New Gold Inc. (NGD-T)
February 18, 2014

This is on his Stock Watch list. Very much based on where the price of gold is. Very interesting and a good contrarian play but he feels there are others in the gold sector that could be of greater interest. (See Top Picks.)

BUY
BUY
December 11, 2013

Great management team. Just like every gold stock out there, the price has been annihilated. Valuations are at very depressed levels. They’re having a ramp up at their new Apton mine and are doing very well. Also, acquired Rainy River this year. Continues to like this. Very cheap.

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New Gold Inc. (NGD-T)
December 11, 2013

Great management team. Just like every gold stock out there, the price has been annihilated. Valuations are at very depressed levels. They’re having a ramp up at their new Apton mine and are doing very well. Also, acquired Rainy River this year. Continues to like this. Very cheap.

DON'T BUY
DON'T BUY
September 13, 2013

Cheap, but she would hold off buying. The knocks in previous years have always been about growth projects so they went in and bought Blackwater and just recently, Rainy River. Both projects economics are not very attractive at $1300 gold. Because of a lack of growth profile, she would hold off. She is on the sidelines and wants to watch how the company executes.

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New Gold Inc. (NGD-T)
September 13, 2013

Cheap, but she would hold off buying. The knocks in previous years have always been about growth projects so they went in and bought Blackwater and just recently, Rainy River. Both projects economics are not very attractive at $1300 gold. Because of a lack of growth profile, she would hold off. She is on the sidelines and wants to watch how the company executes.

Alice Tsang
Price
$6.380
Owned
No
HOLD
HOLD
June 14, 2013

This year it is forming a nice little base pattern. The trend is down, it is under performing the TSX and it is below its 20 day moving average, so all three indicators are negative. Wait to buy until the price of gold breaks around the middle of July.

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New Gold Inc. (NGD-T)
June 14, 2013

This year it is forming a nice little base pattern. The trend is down, it is under performing the TSX and it is below its 20 day moving average, so all three indicators are negative. Wait to buy until the price of gold breaks around the middle of July.

Don Vialoux
Price
$6.790
Owned
Unknown
DON'T BUY
DON'T BUY
May 7, 2013

It is stuck in the near term. Black Water is about 3 years out. Management team has distinguished themselves in the past.

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It is stuck in the near term. Black Water is about 3 years out. Management team has distinguished themselves in the past.

Rick Rule
Price
$7.210
Owned
No
DON'T BUY
DON'T BUY
October 12, 2012

We had a really nice recovery on this stock, then a faltering and now it is trying to go again, but the time that it is stalling is negative for it. The volume has disappeared.

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New Gold Inc. (NGD-T)
October 12, 2012

We had a really nice recovery on this stock, then a faltering and now it is trying to go again, but the time that it is stalling is negative for it. The volume has disappeared.

BUY
BUY
October 9, 2012

Have been acquiring a bunch of mines globally. Have operations both in North America and different parts of the world. Feels the intermediate gold space is the place to be, given that the large companies are going to be looking downstream to buy up some of these Junior names.

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New Gold Inc. (NGD-T)
October 9, 2012

Have been acquiring a bunch of mines globally. Have operations both in North America and different parts of the world. Feels the intermediate gold space is the place to be, given that the large companies are going to be looking downstream to buy up some of these Junior names.

Michael Giordano
Price
$11.870
Owned
Yes
BUY
BUY
August 16, 2012

Strong board and management. Has a number of mines. On track to goal of million oz producer. One of the few that has met expectations and targets and is on target for 2012.

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New Gold Inc. (NGD-T)
August 16, 2012

Strong board and management. Has a number of mines. On track to goal of million oz producer. One of the few that has met expectations and targets and is on target for 2012.

Dennis da Silva
Price
$10.530
Owned
Yes
BUY
BUY
August 3, 2012

(Market Call Minute) Basing nicely.

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New Gold Inc. (NGD-T)
August 3, 2012

(Market Call Minute) Basing nicely.

WAIT
WAIT
May 11, 2012
Tends to go higher in July. Classic gold stock that follows these seasonal trends. There will be an opportunity to buy mid-July. $7 long-term support level but trend is on the downside.
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Tends to go higher in July. Classic gold stock that follows these seasonal trends. There will be an opportunity to buy mid-July. $7 long-term support level but trend is on the downside.
Don Vialoux
Price
$8.020
Owned
Unknown
BUY
BUY
February 13, 2012
A decent name and has been doing reasonably well lately. A reasonable target of $13 would make sense.
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New Gold Inc. (NGD-T)
February 13, 2012
A decent name and has been doing reasonably well lately. A reasonable target of $13 would make sense.
John Stephenson
Price
$11.420
Owned
Unknown
BUY WEAKNESS
BUY WEAKNESS
April 25, 2011
Top tier management. Acquiring Richfield Ventures in BC, which is complementary to their other mine they are planning to build in the same area. Early stage and have to prove out how big the deposit is. Valuation is a little rich right now. Prefers it at $9-$9.50 range.
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New Gold Inc. (NGD-T)
April 25, 2011
Top tier management. Acquiring Richfield Ventures in BC, which is complementary to their other mine they are planning to build in the same area. Early stage and have to prove out how big the deposit is. Valuation is a little rich right now. Prefers it at $9-$9.50 range.
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