New Gold Inc. (NYSEAMERICAN:NGD) is without doubt one of the 13 Most Promising Gold Shares In response to Wall Road Analysts. On July 28, New Gold Inc. (NYSEAMERICAN:NGD) reported Q2 2025 outcomes. The corporate reported that quarter-over-quarter manufacturing development helped it obtain robust money move from operations of $163 million and a report free money move of $63 million.
A key issue driving this robust efficiency was the Wet River undertaking, which generated a report $45 million of quarterly free money move. The Wet River undertaking achieved a month-to-month manufacturing report in June and the undertaking is on monitor for continued ramp-up all year long.
Aerial view of an open mine with massive cranes and excavators engaged on the floor.
This second-quarter efficiency builds on the constructive momentum from the primary quarter. New Gold Inc.’s (NYSEAMERICAN:NGD) robust money move from operations allowed it to speculate about $58 million in Q2 to advance development tasks.
New Gold Inc. (NYSEAMERICAN:NGD) is an intermediate mining firm with a portfolio of two core producing property in Canada, the New Afton copper-gold mine and the Wet River gold mine.
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Disclosure: None. This text is initially revealed at Insider Monkey.
