New Gold (New Gold) Reserves - Proven (K) : 0.00 (As of Mar. 2024)

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What is New Gold Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for New Gold's Reserves - Proven (K) or its related term are showing as below:

NGD's Reserves - Proven (K) is not ranked ^*
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

New Gold Reserves - Proven (K) Historical Data

The historical data trend for New Gold's Reserves - Proven (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New Gold Reserves - Proven (K) Chart

New Gold Annual Data

Trend

Dec21

Dec22

Dec23

Reserves - Proven (K)

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Ounces Produced (K)

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Sales in Ounces (K)

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New GoldQuarterly Data

Trend

Dec21

Mar22

Jun22

Sep22

Dec22

Mar23

Jun23

Sep23

Dec23

Mar24

Reserves - Proven (K)

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Ounces Produced (K)

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Sales in Ounces (K)

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Competitive Comparison of New Gold's Reserves - Proven (K)

For the Gold subindustry, New Gold's Reserves - Proven (K), along with its competitors' market caps and Reserves - Proven (K) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Gold (AMEX:NGD) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

New Gold Reserves - Proven (K) Related Terms

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New Gold (New Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Gold Inc (AMEX:NGD) » Definitions » Reserves - Proven (K)

Comparable Companies

Traded in Other Exchanges

32N:Germany 32N:Germany NGD:Canada

Address

181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3

Website

https://www.newgold.com

New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.