New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Every now and then, the market surprises us with how it responds to earnings results.

Case in point, New Gold (TSX: NGD). Despite high costs and the failure to post positive net income, the company has seemingly won over investors. Who have responded to the results by sending the equity up by nearly 17%.

So what’s the big deal here?

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint

First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend

Related News

New Gold Comes Up Short On Guidance With 2024 Production Of 298,303 Gold Ounces

The production results for the fourth quarter of 2024 are in for New Gold (TSX:...

Friday, January 10, 2025, 08:26:20 AM

New Gold Q3 Earnings: Cranking Out Cash Flow

Newmont may have been the first to report their earnings in terms of gold producers...

Saturday, November 8, 2025, 01:37:00 PM

New Gold: A Hidden Gem Among Canadian Gold Producers

When we think of big names in the gold mining world, giants like Newmont and...

Tuesday, November 26, 2024, 10:30:46 AM

New Gold Spends $300 Million To Consolidate New Afton Mine Ownership

New Gold (TSX: NGD) is spending big money in an effort to consolidate its ownership...

Monday, April 7, 2025, 08:23:20 AM

New Gold Guides To 345,000 Ounce Production Midpoint In 2025

New Gold (TSX: NGD) has extended the life of mine of both the New Afton...

Thursday, February 13, 2025, 08:34:19 AM