New Gold Earnings Reports

New Gold Inc. delivered a solid first quarter in 2025, achieving strategic objectives and generating free cash flow. Operational performance was in line with plans, with critical path items advanced at both New Afton and Rainy River mines to support expected production ramp-ups later in the year. The company also made significant progress on exploration activities.

New Gold Inc. delivered solid financial and operational results in Q4 2024, with a notable increase in revenue driven by higher gold and copper prices. The company reported net earnings of $55.1 million, operating income of $93.1 million, and free cash flow of $22.1 million. Adjusted EPS came in at $0.07 per share. The quarter saw lower all-in sustaining costs (AISC) of $1,018 per gold ounce, a 31% reduction from Q4 2023.