Dashboard Tools Market News Investing Ideas Pricing About Us
Sign Up
Log in
New Gold Inc banner

New Gold Inc
TSX:NGD

Watchlist Manager
New Gold Inc Logo
New Gold Inc
TSX:NGD
Watchlist
Price: 17.76 CAD -3.06%
Market Cap: CA$14.1B
Write Note Create Alert Ask AI
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
+157%
5Y
+179%
10Y
+175%
Investing Cash Flow
+
3Y
-
5Y
-266%
10Y
-92%
Financing Cash Flow
+
3Y
+47%
5Y
-
10Y
-

Cash Flow Statement
New Gold Inc

Rotate your device to view
Cash Flow Statement
Currency: USD
Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Operating Cash Flow
Net Income
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(0)
(1)
(2)
(2)
(2)
(2)
(3)
(2)
(3)
(3)
(2)
(4)
(18)
(57)
(66)
(50)
(184)
(103)
(81)
(299)
(146)
(194)
(193)
(26)
14
48
59
174
170
179
188
133
110
199
202
193
187
(191)
(229)
(228)
(300)
(477)
(519)
(526)
(624)
(201)
(131)
(155)
5
(9)
(5)
29
45
(158)
(220)
(548)
(570)
(1 086)
(1 068)
(793)
(816)
(74)
(88)
(98)
(58)
(79)
(36)
(4)
(31)
141
118
94
101
(67)
(91)
(56)
(54)
(65)
(76)
(21)
20
103
129
145
249
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
14
12
19
27
24
42
60
64
73
78
79
85
84
79
76
75
79
93
116
136
158
172
179
192
200
211
218
222
220
227
241
244
263
218
200
189
172
166
160
170
184
232
241
247
234
238
242
233
220
209
195
187
198
196
197
200
188
195
196
202
217
221
235
243
259
258
248
243
239
250
Change in Deffered Taxes
(0)
(0)
0
0
0
0
0
(0)
0
0
(0)
(1)
(1)
0
(1)
(1)
(1)
(1)
(0)
(10)
(11)
(12)
(7)
(10)
(10)
(5)
(10)
(1)
(1)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
2
3
3
6
1
0
3
7
4
6
5
7
7
7
7
7
8
8
11
11
11
11
11
11
10
10
8
9
8
8
8
8
7
7
7
7
8
9
9
8
7
6
7
5
5
3
(1)
1
(0)
1
2
2
2
1
4
8
0
8
5
2
4
3
1
3
1
3
3
5
4
6
16
14
17
23
21
Other Non-Cash Items
0
0
0
0
0
0
0
0
1
1
1
1
1
1
1
2
2
2
2
27
60
70
64
204
116
107
314
151
234
245
105
91
108
141
70
104
85
71
115
135
66
43
(54)
(90)
226
259
326
400
565
574
575
650
219
148
171
83
108
125
112
60
301
353
666
670
1 153
1 132
845
856
72
71
86
74
163
143
134
159
(11)
11
(11)
(64)
53
80
69
108
126
128
80
71
60
55
114
180
Cash Taxes Paid
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
0
9
12
12
14
8
6
8
16
20
33
42
44
83
91
98
117
99
97
101
62
71
63
32
42
7
(8)
(4)
(12)
(9)
(5)
(6)
2
(1)
(6)
(2)
(0)
6
5
5
4
(2)
4
4
5
3
3
3
2
3
3
(1)
(1)
(1)
(1)
3
3
3
2
1
0
2
2
3
4
2
1
2
1
1
6
Cash Interest Paid
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
13
13
23
22
23
23
22
23
21
21
22
22
22
22
18
18
20
0
39
39
52
0
52
52
52
0
52
52
52
53
54
55
55
56
61
62
64
65
63
64
63
61
58
57
54
54
52
55
43
59
39
49
43
41
41
42
38
38
36
36
36
36
36
37
38
41
42
46
Change in Working Capital
0
0
0
0
0
(0)
0
0
1
1
1
1
1
0
(1)
(0)
0
(1)
1
(1)
(2)
0
(13)
(24)
3
(14)
4
4
(14)
(14)
(24)
(32)
(49)
(72)
(111)
(100)
(111)
(118)
(109)
(142)
(145)
(122)
(109)
(91)
(41)
(28)
(21)
(12)
(38)
(19)
(14)
(6)
3
(7)
(2)
9
(18)
(12)
(15)
4
38
22
10
(39)
(76)
(63)
(53)
(3)
23
25
35
19
17
2
27
(8)
(2)
9
(6)
32
8
(8)
(28)
(26)
(9)
(12)
8
5
(18)
19
10
1
Cash from Operating Activities
0
N/A
(0)
N/A
(0)
N/A
(0)
-50%
(0)
+33%
(0)
N/A
(0)
+50%
(0)
-100%
0
N/A
(0)
N/A
(0)
-100%
(1)
-300%
(1)
-75%
(2)
-57%
(3)
-14%
(2)
+24%
(1)
+32%
(1)
-8%
(1)
N/A
(2)
-29%
(9)
-406%
(9)
+5%
8
N/A
(2)
N/A
25
N/A
33
+35%
34
+1%
50
+50%
85
+68%
98
+16%
122
+24%
150
+23%
185
+23%
213
+15%
217
+2%
252
+16%
230
-9%
216
-6%
219
+1%
195
-11%
236
+21%
258
+9%
189
-27%
178
-6%
172
-4%
195
+13%
277
+42%
299
+8%
269
-10%
257
-4%
255
-1%
248
-3%
263
+6%
254
-3%
277
+9%
315
+14%
282
-11%
298
+5%
298
+0%
275
-8%
342
+24%
325
-5%
311
-4%
293
-6%
233
-20%
248
+6%
232
-6%
274
+18%
264
-4%
241
-9%
243
+1%
244
+0%
295
+21%
297
+1%
354
+19%
317
-11%
324
+2%
338
+4%
265
-22%
265
0%
191
-28%
184
-4%
202
+10%
249
+23%
288
+16%
282
-2%
326
+16%
354
+9%
393
+11%
446
+13%
508
+14%
681
+34%
Investing Cash Flow
Capital Expenditures
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(1)
(2)
(5)
(8)
(11)
(12)
(14)
(16)
(16)
(18)
(20)
(24)
(28)
(65)
(89)
(67)
(106)
(127)
(122)
(170)
(139)
(112)
(107)
(100)
(118)
(134)
(169)
(229)
(307)
(414)
(473)
(532)
(563)
(522)
(482)
(398)
(319)
(289)
(270)
(269)
(279)
(279)
(292)
(306)
(309)
(390)
(428)
(492)
(564)
(556)
(587)
(628)
(621)
(554)
(484)
(354)
(269)
(214)
(196)
(184)
(190)
(253)
(268)
(281)
(277)
(284)
(273)
(303)
(299)
(247)
(269)
(265)
(280)
(293)
(280)
(276)
(277)
(266)
(264)
(265)
(256)
(271)
(285)
(585)
(601)
Other Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(23)
(23)
0
0
23
(131)
(162)
0
(28)
120
162
166
53
65
57
(315)
(312)
(316)
(275)
112
106
106
10
(8)
(18)
(11)
25
25
15
(99)
(104)
(104)
(104)
24
22
22
22
2
65
63
63
54
(13)
49
39
32
21
(48)
4
18
182
203
161
164
19
14
14
116
111
81
69
6
305
322
333
308
11
42
45
32
32
9
8
8
8
7
6
12
Cash from Investing Activities
(1)
N/A
(1)
N/A
(1)
-25%
(1)
-10%
(1)
-9%
(1)
-17%
(1)
+21%
(1)
N/A
(2)
-91%
(4)
-110%
(8)
-77%
(11)
-44%
(12)
-11%
(14)
-15%
(39)
-172%
(39)
-2%
(18)
+54%
(20)
-10%
(1)
+97%
(159)
-22 557%
(226)
-43%
(251)
-11%
(94)
+62%
14
N/A
35
+151%
44
+25%
(117)
N/A
(74)
+37%
(54)
+27%
(423)
-681%
(412)
+2%
(434)
-5%
(410)
+6%
(58)
+86%
(123)
-113%
(201)
-63%
(403)
-101%
(480)
-19%
(549)
-14%
(574)
-4%
(498)
+13%
(458)
+8%
(383)
+16%
(418)
-9%
(394)
+6%
(374)
+5%
(373)
+0%
(255)
+32%
(258)
-1%
(270)
-5%
(283)
-5%
(307)
-8%
(325)
-6%
(364)
-12%
(429)
-18%
(510)
-19%
(569)
-11%
(538)
+5%
(589)
-10%
(590)
0%
(534)
+10%
(532)
+0%
(351)
+34%
(251)
+28%
(32)
+87%
7
N/A
(23)
N/A
(26)
-14%
(234)
-786%
(254)
-9%
(267)
-5%
(161)
+40%
(173)
-8%
(192)
-11%
(233)
-22%
(293)
-25%
57
N/A
53
-8%
68
+28%
28
-58%
(282)
N/A
(238)
+15%
(231)
+3%
(245)
-6%
(234)
+4%
(255)
-9%
(257)
-1%
(249)
+3%
(263)
-6%
(279)
-6%
(579)
-108%
(588)
-2%
Financing Cash Flow
Net Issuance of Common Stock
1
1
1
0
18
18
18
19
2
1
4
3
8
69
68
69
64
3
114
118
122
122
9
5
3
3
3
105
107
108
113
10
16
26
22
24
16
8
309
9
75
76
(225)
73
6
2
2
2
2
1
1
0
0
1
8
9
10
175
168
167
165
0
0
0
0
0
0
107
107
0
0
0
10
0
10
10
0
0
1
1
1
1
2
2
5
5
169
169
167
167
3
2
Net Issuance of Debt
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
204
221
0
0
28
(4)
(10)
(36)
(44)
(33)
(67)
394
399
402
432
(5)
(5)
(4)
0
(1)
(205)
(198)
(198)
0
8
0
0
0
0
0
0
0
0
0
0
0
0
0
100
0
90
190
119
119
79
(42)
(234)
(236)
(191)
(229)
(83)
251
283
(67)
(263)
(597)
(626)
(220)
(10)
(10)
(112)
(112)
(112)
(112)
(12)
(10)
(9)
(8)
95
47
(3)
100
149
(65)
Other
0
0
0
0
(1)
0
(1)
0
0
0
0
0
(0)
0
0
0
0
0
0
0
228
0
32
41
7
0
(32)
(41)
(7)
0
0
0
(21)
(21)
(32)
(32)
(22)
(22)
(18)
274
762
762
743
451
(53)
0
(52)
(54)
(55)
0
(55)
45
45
44
44
(55)
19
18
14
12
(65)
(70)
(71)
(76)
(79)
(78)
(76)
(76)
(74)
(74)
225
221
231
207
(72)
(83)
(76)
(81)
(81)
(81)
(74)
(63)
(61)
(63)
(64)
(64)
(322)
(368)
(372)
(376)
(39)
(39)
Cash from Financing Activities
1
N/A
1
N/A
1
+50%
0
-83%
16
+8 050%
17
+4%
17
-1%
18
+6%
2
-89%
1
-37%
4
+192%
3
-29%
8
+228%
69
+745%
68
-2%
69
+1%
64
-8%
3
-96%
317
+12 596%
340
+7%
349
+3%
349
0%
70
-80%
43
-38%
0
N/A
(33)
N/A
(74)
-127%
31
N/A
33
+7%
502
+1 421%
512
+2%
412
-20%
426
+3%
0
-100%
(16)
N/A
(13)
+19%
(5)
+57%
(14)
-165%
86
N/A
85
-1%
640
+649%
642
+0%
526
-18%
524
0%
(47)
N/A
(50)
-6%
(50)
0%
(53)
-5%
(53)
0%
(53)
-1%
(54)
-1%
46
N/A
46
+0%
45
-1%
51
+13%
(46)
N/A
128
N/A
293
+128%
271
-7%
368
+36%
220
-40%
49
-78%
8
-84%
(118)
N/A
(313)
-164%
(314)
0%
(267)
+15%
(198)
+26%
(50)
+75%
283
N/A
615
+117%
154
-75%
(22)
N/A
(380)
-1 633%
(688)
-81%
(293)
+57%
(87)
+70%
(91)
-5%
(192)
-110%
(191)
+0%
(185)
+3%
(174)
+6%
(71)
+59%
(72)
0%
(69)
+4%
(67)
+3%
(58)
+13%
(152)
-161%
(208)
-37%
(109)
+47%
113
N/A
(101)
N/A
Change in Cash
Effect of Foreign Exchange Rates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(24)
(26)
(21)
(15)
14
21
4
11
17
20
36
3
(2)
(6)
(15)
7
0
(5)
(0)
0
(5)
(8)
(4)
(6)
(2)
(6)
(5)
(18)
(19)
(3)
(6)
8
8
(1)
(1)
2
2
0
1
(1)
(1)
1
1
(0)
0
(1)
(0)
0
3
6
5
4
1
0
(3)
(6)
(5)
(5)
(3)
(0)
(0)
(0)
(1)
0
(2)
(2)
(0)
(1)
Net Change in Cash
0
N/A
(0)
N/A
0
N/A
(1)
N/A
15
N/A
15
+3%
16
+2%
17
+6%
0
-99%
(3)
N/A
(5)
-36%
(10)
-111%
(6)
+41%
53
N/A
27
-49%
28
+3%
44
+58%
(19)
N/A
315
N/A
179
-43%
114
-36%
89
-22%
(17)
N/A
55
N/A
36
-35%
19
-48%
(178)
N/A
(8)
+96%
78
N/A
199
+157%
226
+14%
139
-39%
218
+57%
176
-20%
114
-35%
42
-63%
(181)
N/A
(284)
-57%
(260)
+9%
(286)
-10%
378
N/A
437
+15%
332
-24%
284
-14%
(273)
N/A
(236)
+14%
(151)
+36%
(15)
+90%
(44)
-193%
(72)
-65%
(87)
-21%
(32)
+64%
(35)
-11%
(68)
-93%
(107)
-59%
(233)
-118%
(150)
+36%
51
N/A
(21)
N/A
56
N/A
30
-46%
(158)
N/A
(31)
+80%
(78)
-149%
(113)
-44%
(59)
+48%
(58)
+2%
50
N/A
(20)
N/A
268
N/A
591
+120%
238
-60%
103
-57%
(269)
N/A
(562)
-109%
(266)
+53%
295
N/A
300
+2%
139
-54%
96
-31%
(281)
N/A
(234)
+17%
(103)
+56%
(68)
+34%
(15)
+77%
(41)
-165%
10
N/A
(47)
N/A
(80)
-72%
56
N/A
41
-26%
(9)
N/A
Free Cash Flow
Free Cash Flow
(1)
N/A
(1)
-25%
(1)
-20%
(1)
-17%
(1)
N/A
(2)
-14%
(1)
+19%
(1)
-8%
(2)
-36%
(5)
-142%
(8)
-74%
(12)
-50%
(14)
-15%
(16)
-19%
(18)
-10%
(18)
+1%
(20)
-9%
(21)
-10%
(25)
-17%
(30)
-18%
(74)
-149%
(98)
-33%
(59)
+40%
(108)
-85%
(102)
+6%
(89)
+13%
(136)
-53%
(88)
+35%
(27)
+70%
(9)
+67%
22
N/A
32
+48%
51
+56%
44
-13%
(12)
N/A
(54)
-363%
(184)
-240%
(256)
-39%
(313)
-22%
(367)
-17%
(286)
+22%
(225)
+21%
(209)
+7%
(141)
+33%
(117)
+17%
(75)
+36%
8
N/A
20
+154%
(11)
N/A
(35)
-230%
(51)
-46%
(61)
-20%
(127)
-108%
(173)
-37%
(215)
-24%
(249)
-15%
(274)
-10%
(289)
-6%
(330)
-14%
(346)
-5%
(212)
+39%
(159)
+25%
(44)
+73%
24
N/A
19
-20%
52
+172%
48
-7%
84
+75%
10
-88%
(28)
N/A
(38)
-35%
(33)
+12%
11
N/A
24
+127%
52
+115%
18
-65%
76
+324%
69
-10%
0
N/A
(15)
N/A
(102)
-577%
(97)
+5%
(74)
+24%
(28)
+62%
22
N/A
18
-18%
61
+245%
97
+59%
122
+25%
160
+32%
(77)
N/A
80
N/A

See Also

Summary
NGD intrinsic value, competitors valuation, and company profile.
DCF Valuation
NGD stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NGD stock valuation using valuation multiples.
Wall Street Estimates
NGD price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NGD stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
ALPHA SPREAD
Follow us
Join more than 321,300+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2026 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.

AI Assistant
Get AI-powered insights for any company or topic.
Open AI Assistant
Other Tools
Stock Screener
Discover stocks
Stock Comparison
Smarter decisions through side-by-side analysis
Intrinsic Value Calculator
Discover the true worth of your stocks
DCF Value Calculator
Harness the power of DCF

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett