TSX:NGDMetals and Mining
New Gold (TSX:NGD) Is Up 13.8% After Record Q3 Results and Debt Reduction Has The Bull Case Changed?
New Gold Inc. recently reported record third-quarter results, with revenue of US$462.5 million, net income of US$142.3 million, and significant production growth driven by the Rainy River mine.
The company also repaid US$260 million of debt and emphasized a disciplined approach to acquisitions while prioritizing organic growth and shareholder value.
With record free cash flow reported in the third quarter, we'll evaluate how this operational strength shapes New Gold's investment...