New Gold Inc. /FI Overview
Industry: Gold
Sector: Basic Materials
New Gold Inc., an intermediate gold mining company, engages in the exploration, development, and operation of mineral properties. It primarily explores for gold, silver, and copper deposits. The company's principal operating properties include 100% interests in the Rainy River mine located in Ontario, Canada; New Afton mine situated in British Columbia, Canada; and the Cerro San Pedro mine in San Luis Potos, Mexico. New Gold Inc. was founded in 1980 and is headquartered in Toronto, Canada.
New Gold Inc. /FI is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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