Trade with Eva: Analytics in action >>

Thursday, July 26, 2018

New Gold (NGD) reported earnings on Thur 26 July 2018 (b/o)

** charts after earnings **



 





New Gold misses by $0.02, misses on revs 
  • Reports Q2 (Jun) net of breakeven, $0.02 worse than the Capital IQ Consensus of $0.02; revenues rose 5.2% year/year to $195.3 mln vs the $232.12 mln Capital IQ Consensus.
  • Gold production of 108,550 ounces and copper production of 20.4 million pounds
  • Updated 2018 outlook: 415,000 to 480,000 ounces of gold production (previously 525,000 to 595,000 ounces of gold) at all-in sustaining costs of $1,080 to $1,120 per ounce (previously $860 to $900 per ounce)

No comments:

Post a Comment