New Gold Inc.

DB:32N Stock Report

Market Cap: €2.3b

New Gold Management

Management criteria checks 2/4

New Gold's CEO is Pat Godin, appointed in Nov 2022, has a tenure of 2.25 years. total yearly compensation is $3.10M, comprised of 17.1% salary and 82.9% bonuses, including company stock and options. directly owns 0.014% of the company’s shares, worth €328.11K. The average tenure of the management team and the board of directors is 1.8 years and 4.8 years respectively.

Key information

Pat Godin

Chief executive officer

US$3.1m

Total compensation

CEO salary percentage17.1%
CEO tenure2.3yrs
CEO ownership0.01%
Management average tenure1.8yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Pat Godin's remuneration changed compared to New Gold's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$20m

Jun 30 2024n/an/a

-US$20m

Mar 31 2024n/an/a

-US$76m

Dec 31 2023US$3mUS$528k

-US$64m

Sep 30 2023n/an/a

-US$54m

Jun 30 2023n/an/a

-US$55m

Mar 31 2023n/an/a

-US$91m

Dec 31 2022US$2mUS$281k

-US$67m

Compensation vs Market: Pat's total compensation ($USD3.10M) is above average for companies of similar size in the German market ($USD1.47M).

Compensation vs Earnings: Pat's compensation has been consistent with company performance over the past year.

CEO

Pat Godin (55 yo)

2.3yrs

Tenure

US$3,096,459

Compensation

Mr. Patrick Godin, also known as Pat, B.Sc., P.Eng., M. Eng., Asc., Eng., served as the Vice President and Chief Operating Officer at Pretium Resources Incorporated since August 1, 2020. He serves as Chief...

Leadership Team

NamePositionTenureCompensationOwnership
Patrick Godin
CEO, President & Director2.3yrsUS$3.10m0.014%
€ 328.1k
Yohann Bouchard
Executive VP & COO1.8yrsUS$1.40m0.033%
€ 762.2k
Sean Keating
VP, General Counsel & Corporate Secretary5.3yrsUS$891.81k0.022%
€ 498.4k
Ankit Shah
Executive Vice President of Strategy & Business Developmentno dataUS$1.12m0.026%
€ 594.7k
Keith Murphy
Executive VP & CFO1.8yrsno data0.0081%
€ 186.9k
Luke Buchanan
Vice President of Technical Servicesno datano datano data
Brandon Throop
Director of Investor Relationsno datano datano data
Dan Sharkey
Vice President of Human Resourcesless than a yearno datano data
Jean-Francois Ravenelle
Vice President of Geology1.8yrsno datano data
Paul Melling
Treasurer1yrno datano data
Jeff LaMarsh
General Manager of New Aftonno datano datano data
Gord Simms
General Manager of Rainy Riverno datano datano data

1.8yrs

Average Tenure

Experienced Management: 32N's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Patrick Godin
CEO, President & Director22.3yrsUS$3.10m0.014%
€ 328.1k
Richard O'Brien
Independent Chairman of the Boardless than a yearno datano data
Ross Bhappu
Independent Directorless than a yearno datano data
Thomas McCulley
Independent Director3.8yrsUS$150.95kno data
Margaret Mulligan
Independent Director6.8yrsUS$169.82kno data
Christian Milau
Independent Directorless than a yearno data0.0025%
€ 57.4k
Marilyn Schonberner
Independent Director7.7yrsUS$177.36kno data
Gillian Davidson
Independent Director6.8yrsUS$165.10kno data
Nicholas Chirekos
Independent Director5.8yrsUS$162.27kno data
Sophie Bergeron
Independent Directorless than a yearno datano data

4.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 32N's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 14:12
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

New Gold Inc. is covered by 30 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Farooq HamedBarclays
Brian QuastBMO Capital Markets Equity Research
Lawson WinderBofA Global Research