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NEW GOLD REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS

1. New Gold recorded 298,303 gold ounces in 2024, beating cost guidance. 2. Strong cost discipline resulted in lower all-in sustaining costs of $1,239 per ounce.

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Why Bullish?

The positive quarterly results suggest operational efficiency, potentially boosting NGD stock value. Past trends indicate rising stock prices during strong earnings reports.

How important is it?

These earnings and cost management figures are significant indicators of company performance impacting investor sentiment and valuation.

Why Short Term?

Immediate investor reactions to quarterly earnings are typically short-lived. Long-term effects depend on sustained performance.

Related Companies

Strong Cost Discipline Leads to All-In Sustaining Costs Beating the Low End of Guidance and Delivering Another Strong Quarter of Free Cash Flow (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , Feb. 19, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) reports fourth quarter and full year 2024 results. Full year 2024 production totaled 298,303 gold ounces at all-in sustaining costs4 of $1,239 per gold ounce.

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