|Bid||1.6200 x 36200|
|Ask||1.6400 x 1000|
|Day's range||1.6183 - 1.7400|
|52-week range||1.0100 - 2.2300|
|Beta (5Y monthly)||1.86|
|PE ratio (TTM)||N/A|
|Earnings date||16 Feb 2022 - 21 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||1.84|
New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) reports fourth quarter and annual operational results for the Company as of December 31, 2021. The Company is also providing notice that it will release its fourth quarter and full year 2021 financial results and 2022 operational outlook before markets open on Wednesday, February 23, 2022. A conference call and webcast will follow at 8:30 am Eastern Time (details are provided at the end of this news release).
New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) and (NYSE American: NGD) today reports that it has closed the previously announced sale of the gold stream held on the Blackwater Project ("Blackwater") located in British Columbia, Canada to Wheaton Precious Metals Corp. for US$300 million. Blackwater is wholly-owned by Artemis Gold Inc. ("Artemis"), with New Gold having retained the gold stream as partial consideration for the divestiture of Blackwater to Artemis on August 21, 2020.
Wheaton's (WPM) agreement to acquire gold and silver stream in the Blackwater Gold Project is a strategic fit for its existing high-quality portfolio of assets.