New Gold Inc
About: New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets which are also its operating segments: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver.
Employees: 1,607
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
664% more call options, than puts
Call options by funds: $20M | Put options by funds: $2.62M
24% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 29
15% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 60
2% more funds holding
Funds holding: 215 [Q3] → 219 (+4) [Q4]
0.44% more ownership
Funds ownership: 49.58% [Q3] → 50.02% (+0.44%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]
13% less capital invested
Capital invested by funds: $1.13B [Q3] → $985M (-$150M) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
CIBC Anita Soni 75% 1-year accuracy 6 / 8 met price target | 26%upside $4.75 | Outperformer Maintained | 8 May 2025 |
Scotiabank Eric Winmill 73% 1-year accuracy 8 / 11 met price target | 26%upside $4.75 | Sector Outperform Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 14 articles about NGD published over the past 30 days









