New Gold (TSX: NGD) has released its fourth quarter results and well.. They’ve failed to hit guidance. Even after cutting the initial guidance they had issued for 2024. At least on a production basis that is.
But they’ve made up for it by beating cost guidance. So its a bit of a mixed bag of results.
Lets dive in.
Not a recommendation to buy or sell securities. Always do additional research and consult a professional before purchasing a security. The Deep Dive and its affiliates hold no licenses.
2 Responses
Interesting insights on New Gold’s performance! It’s concerning they missed guidance again. What do you think about their strategy moving forward?
I found the mixed results quite surprising. I expected better performance from New Gold given the recent market trends!