What is the ROCE (Return on Capital Employed) of New Gold this year?
The ROCE of New Gold is 0.08 undefined this year.
New Gold ROCE 2024
New Gold ROCE
0.08
Ticker
NGD.TO
ISIN
CA6445351068
WKN
A0ERPH
In 2024, New Gold's return on capital employed (ROCE) was 0.08, a -652.47% increase from the -0.01 ROCE 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.ROCE Details
Unraveling New Gold's Return on Capital Employed (ROCE)
New Gold's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.
Year-to-Year Comparison
Analyzing New Gold's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.
Impact on Investments
New Gold's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.
Interpreting ROCE Fluctuations
Changes in New Gold’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.
Frequently Asked Questions about New Gold stock
How has the ROCE (Return on Capital Employed) of New Gold developed compared to the previous year?
The ROCE of New Gold has increased by -652.47% decreased compared to the previous year.
What does a high ROCE (Return on Capital Employed) mean for investors of New Gold?
A high Return on Capital Employed (ROCE) indicates that New Gold has efficient capital utilization and is able to achieve a higher return on its invested capital. This can be appealing to investors.
What does a low ROCE (Return on Capital Employed) mean for investors of New Gold?
A low ROCE (Return on Capital Employed) can indicate that New Gold has an inefficient utilization of its capital and may have difficulty in achieving a satisfactory return on its invested capital. This can be uncertain or unattractive for investors.
How does an increase in ROCE from New Gold impact the company?
An increase in the ROCE of New Gold can be an indicator of improved company efficiency and show that it is achieving higher profits in relation to its investments.
How does a reduction in the ROCE of New Gold affect the company?
A decrease in ROCE of New Gold can be an indicator of deteriorated efficiency of the company, indicating that it is generating lower profits in relation to its investments.
What are some factors that can influence the ROCE of New Gold?
Some factors that can affect New Gold's ROCE include efficiency in managing assets, profitability of investments, cost efficiency, and market conditions.
Why is the ROCE of New Gold so important for investors?
The ROCE of New Gold is important for investors as it is an indicator of the company's efficiency and shows how successful the company is in relation to its investments. A high ROCE can indicate strong financial performance of the company.
What strategic measures can New Gold take to improve the ROCE?
To improve the ROCE, New Gold can take measures such as increasing efficiency in asset management, optimizing investments, cost savings, and exploring new revenue sources. It is important for the company to conduct a thorough review of its operations to determine the best strategic actions to improve the ROCE.
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 9/19/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 9/19/2024.
When did New Gold pay the last dividend?
The last dividend was paid out on 9/19/2024.
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.
