Manage Tickers Link Financial Account

Has my stock been accused of fraud?Join over 160k users who know.

Ticker	Price	Change($)	Change(%)	Shares	Volume	Prev Close	Open	Gain($)	Gain(%)

Ticker	Status	Jurisdiction	Filing Date	CP Start	CP End	CP Loss	Deadline

Ticker	Case Name	Status	CP Start	CP End	Deadline	Settlement Amt

Ticker	Name	Date	Analyst Firm	Up/Down	Target ($)	Rating Change	Rating Current

New Gold Provided Three-year Operational Outlook: Consolidated Gold Production Is Expected To Increase By Around 35% From 2023 To 410,000 To 460,000 Ounces In 2026

Author: Benzinga Newsdesk | February 08, 2024 07:40am

All-in sustaining costs (on a by-product basis)1 are expected to decrease by over 50% compared to the 2023 midpoint of guidance to between $650 and $750 per ounce in 2026, driven by higher production at both operations, significant reduction in total capital, and lower operating costs as the C-Zone crusher and conveyor comes online, and Rainy River completes Phase 4 waste removal and commences mining from the underground Main Zone.
The higher production, lower costs, and lower capital spend over the next three years are expected to drive significant free cash flow2 for the Company.

Posted In: NGD