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News  ›  The Motley Fool

Why New Gold Stock's Investors Hit Pay Dirt Today

The Motley Fool Logo The Motley Fool • •By Joe Tenebruso
Why New Gold Stock's Investors Hit Pay Dirt Today

New Gold reported strong Q3 results with increased gold and copper production, record free cash flow of $205 million, and reduced debt, leading to an 11% stock price increase.

Insights
BIO.B   negative

Stock dropped over 3% despite beating earnings estimates due to low revenue growth (0.5%), flat future guidance, and ongoing challenges in biotech funding and academic research


NGD   positive

Strong Q3 performance with 63% production increase at Rainy River mine, record free cash flow, debt reduction, and positive production outlook for 2025