What is the equity of New Gold this year?
New Gold has equity of 789.2 M USD this year.
New Gold Equity 2024
New Gold Equity
789.2 M USD
Ticker
NGD.TO
ISIN
CA6445351068
WKN
A0ERPH
In 2024, New Gold's equity was 789.2 M USD, a -17.75% increase from the 959.5 M USD equity in the previous year.
New Gold Aktienanalyse
What does New Gold do?
New Gold Inc. is a Canadian company that was founded in 2005. It is involved in the exploration and production of gold, silver, and copper, and operates several mines and projects in Canada, Mexico, the USA, and Australia. The company's business model is focused on profitable growth through expanding existing mines and acquiring new properties. The history of New Gold Inc. began in 2005 when it was formed through the merger of three smaller Canadian mining companies - Peak Gold, Western Goldfields, and Luismin. This merger created a company with several promising gold and copper deposits. Over the years, New Gold Inc. has become a significant player in the industry and strengthened its position through targeted acquisitions and investments. New Gold's business model is based on profitable growth through the exploration and production of gold, silver, and copper in its mines. The company currently operates four mines, one each in Canada, Mexico, the USA, and Australia. The company's main products are gold and copper, but silver production also plays an important role. In Canada, the company operates the Rainy River Mine, which began operations in 2017. Located in northwestern Ontario, the mine has an estimated reserve of over 5 million ounces of gold and is situated in a significant mining district. The Rainy River Mine is planned to be further developed in the coming years to increase its capacity and reduce costs. In Mexico, New Gold Inc. owns the Cerro San Pedro Mine, located near San Luis Potosi. The mine started production in 2007 and produces gold and silver. The Cerro San Pedro Mine has minimized environmental impacts through sustainable reforestation and restoration of the area. In the USA, New Gold Inc. operates the New Afton Mine near Kamloops in British Columbia. The mine, which began operations in 2012, produces gold, copper, and silver. It has a reservoir size of approximately 3.3 million ounces of gold equivalent. The New Afton Mine is an important source of revenue for the company. In Australia, New Gold owns 100% of the Blackwater Gold Mine. Located near Coolgardie in Western Australia, this mine contains a resource of over 20 million tonnes at a grade of 1.8 grams per tonne. The first gold pour took place in January 2021, and the mine is expected to increase its production in the future. New Gold Inc. offers a wide range of products that can be marketed in global markets. The company produces approximately 400,000 ounces of gold, 8,000 tonnes of copper, and 1.5 million ounces of silver annually. The majority of the products are marketed on world markets and sold to refineries and buyers worldwide. Overall, New Gold Inc. has established itself as a major player in the gold and copper mining industry. The company has strengthened its position through targeted investments and acquisitions and is able to compete in the global market. New Gold's business model is based on the exploration and production of gold, silver, and copper in its mines. The company operates multiple mines in Canada, Mexico, the USA, and Australia and produces approximately 400,000 ounces of gold, 8,000 tonnes of copper, and 1.5 million ounces of silver annually. New Gold ist eines der beliebtesten Unternehmen auf Eulerpool.com.Equity Details
Analyzing New Gold's Equity
New Gold's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding New Gold's equity is essential for assessing its financial health, stability, and value to shareholders.
Year-to-Year Comparison
Evaluating New Gold's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Impact on Investments
New Gold's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Interpreting Equity Fluctuations
Fluctuations in New Gold’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Frequently Asked Questions about New Gold stock
What was the equity of New Gold compared to the previous year?
The equity of New Gold has increased/decreased by -17.75% decreased compared to the previous year.
What impact does a high equity have on investors of New Gold?
A high equity is advantageous for investors of New Gold as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
What impact does low equity have on investors of New Gold?
A low equity can be a risk for investors of New Gold, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
How does an increase in equity of New Gold affect the company?
An increase in equity of New Gold can strengthen the company's financial position and improve its ability to make investments in the future.
How does a reduction in the equity of New Gold affect the company?
A reduction in equity of New Gold can affect the financial situation of the company and lead to a higher dependence on debt capital.
What are some factors that influence the equity of New Gold?
Some factors that can affect the equity of New Gold include profits, dividend payments, capital increases, and acquisitions.
Why is the equity of New Gold so important for investors?
The equity of New Gold is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
What strategic measures can New Gold take to change the equity?
To change equity, New Gold can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
How much dividend does New Gold pay?
Over the past 12 months, New Gold paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, New Gold is expected to pay a dividend of 0 USD.
What is the dividend yield of New Gold?
The current dividend yield of New Gold is .
When does New Gold pay dividends?
New Gold pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of New Gold?
New Gold paid dividends every year for the past 0 years.
What is the dividend of New Gold?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is New Gold located?
New Gold is assigned to the 'Commodities' sector.
Wann musste ich die Aktien von New Gold kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of New Gold from 11/9/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 11/9/2024.
When did New Gold pay the last dividend?
The last dividend was paid out on 11/9/2024.
What was the dividend of New Gold in the year 2023?
In the year 2023, New Gold distributed 0 USD as dividends.
In which currency does New Gold pay out the dividend?
The dividends of New Gold are distributed in USD.
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Andere Kennzahlen von New Gold
Our stock analysis for New Gold Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of New Gold Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
