New Gold Hits 2025 Production Targets and Generates Over $530 Million in Free Cash Flow
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
New Gold ( (TSE:NGD) ) has shared an announcement.
New Gold reported strong fourth-quarter and full-year 2025 operational results, achieving its production guidance with consolidated output of 353,772 ounces of gold and 50.1 million pounds of copper, alongside record-low safety incident rates. The company generated $240 million in free cash flow in the fourth quarter and $532 million for the full year after significant capital investments in growth initiatives, notably the C-Zone cave construction at New Afton and the Rainy River underground Main, both of which are progressing well. Rainy River delivered standout free cash flow and reached the top end of its gold production guidance, while New Afton met its gold and copper targets. New Gold also increased its exploration spending by about 27% above initial guidance to capitalize on promising drill results, positioning the company for another strong operational year in 2026.
The most recent analyst rating on (TSE:NGD) stock is a Buy with a C$15.50 price target. To see the full list of analyst forecasts on New Gold stock, see the TSE:NGD Stock Forecast page.
Spark’s Take on TSE:NGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:NGD is a Outperform.
The score is driven by strong operating profitability and a stable balance sheet, reinforced by a very constructive earnings update (record free cash flow, cost reductions, and accelerated debt repayment). Offsetting factors are weaker trailing free-cash-flow metrics, overbought technical signals, and a relatively high P/E with no dividend yield provided.
To see Spark’s full report on TSE:NGD stock, click here.
More about New Gold
New Gold Inc. is a North American-focused intermediate mining company listed on the TSX and NYSE American under the symbol NGD, producing gold and copper from its New Afton and Rainy River mines. The company’s operations and growth strategy centre on maximizing free cash flow generation while advancing brownfield expansion projects, including the C-Zone development at New Afton and underground expansions at Rainy River.
Average Trading Volume: 2,632,530
Technical Sentiment Signal: Buy
Current Market Cap: C$11.18B
Find detailed analytics on NGD stock on TipRanks’ Stock Analysis page.
