New Gold Inc reports results for the quarter ended in September - Earnings Summary

New Gold

12/11/2021 23:10

* New Gold Inc  NGD.TO  reported quarterly adjusted earnings of
3 cents​​ per share for the quarter ended in September. The mean
expectation of twelve analysts for the quarter was for earnings
of 2 cents per share.
* Revenue rose 3.5% to $179.80 million from a year ago; 
analysts expected $192.30 million. 
* New Gold Inc's reported EPS for the quarter was a loss of 2
cents​.
* The mean earnings estimate of analysts had fallen by
about 31.5% in the last three months.​ 
* In the last 30 days five analysts negatively revised earnings
estimates 
* New Gold Inc shares had risen by 50.7% this quarter and
lost 27.9% so far this year.
* The company reported a quarterly loss of $11.3 million.
* Wall Street's median 12-month price target for New Gold Inc is
C$2.38 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated November 12 at 11:10 p.m.
 ​All figures in US dollars unless otherwise stated