New Gold Inc. is an intermediate gold mining company that operates two mines in Canada: the Rainy River Mine in Ontario, which is primarily a gold operation with silver by-product, and the New Afton Mine in British Columbia, which produces both gold and copper along with silver. The Company's shares are listed on the Toronto Stock Exchange and the NYSE American under the symbol NGD. New Gold's functional and presentation currency is the U.S. dollar. In November 2025, Coeur Mining entered into a definitive arrangement agreement to acquire all outstanding shares of New Gold, with the transaction anticipated to close on March 20, 2026, creating a combined North American senior precious metals producer. In 2025, the Company consolidated 100% ownership of New Afton by acquiring Ontario Teachers' Pension Plan's remaining 19.9% free cash flow interest for $300 million. The Company's revenue is derived from the sale of gold, copper, and silver, with gold being the primary revenue driver. New Gold reports under IFRS Accounting Standards. Updated
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These five gold stocks are likely to survive the current troubles that could very well offer investors some huge returns over the next year or so. While not suited for all investors,…
New Gold Inc. is an intermediate gold mining company that operates two mines in Canada: the Rainy River Mine in Ontario, which is primarily a gold operation with silver by-product, and the New Afton Mine in British Columbia, which produces both gold and copper along with silver.