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New Gold Inc.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Total Revenue 462.5M 308.4M 209.1M 262.2M 252.0M
Operating Revenue 462.5M 308.4M 209.1M 262.2M 252.0M
Cost Of Revenue 200.7M 177.0M 160.6M 169.1M 165.9M
Gross Profit 261.8M 131.4M 48.5M 93.1M 86.1M
Selling General And Administration 14.8M 14.5M 9.8M 8.7M 14.4M
General And Administrative Expense 14.8M 14.5M 9.8M 8.7M 14.4M
Other Operating Expenses 13.6M 10.0M 4.6M 7.2M 5.7M
Operating Expense 28.4M 24.5M 14.4M 15.9M 20.1M
Operating Income 233.4M 106.9M 34.1M 77.2M 66.0M
EBIT 183.2M 82.3M 2.5M 72.2M 35.1M
Interest Expense 9.2M 10.3M 16.4M 7.6M -1.0M
Interest Expense Non Operating 9.2M 10.3M 16.4M 7.6M -1.0M
Interest Income 1.5M 7.5M 1.0M 1.3M 1.7M
Interest Income Non Operating 1.5M 7.5M 1.0M 1.3M 1.7M
Net Interest Income -9.6M -4.2M -17.1M -8.3M -800,000
Other Income Expense -49.8M -30.7M -30.9M -4.3M -29.1M
Other Non Operating Income Expenses -1.1M -600,000 -400,000 -700,000 -2.1M
Special Income Charges -14.9M -12.3M -7.7M 0.00 -100,000
Restructuring And Mergern Acquisition 0.00 0.00 3.3M -- --
Gain On Sale Of Security -33.8M -17.8M -22.8M -3.6M -26.9M
Pretax Income 174.0M 72.0M -13.9M 64.6M 36.1M
Tax Provision 31.7M 3.4M 2.8M 9.5M -1.8M
Tax Effect Of Unusual Items -8.9M -1.4M -4.6M -529,412 -4.0M
Net Income From Continuing And Discontinued Operation 142.3M 68.6M -16.7M 55.1M 37.9M
Net Income From Continuing Operation Net Minority Interest 142.3M 68.6M -16.7M 55.1M 37.9M
Net Income Including Noncontrolling Interests 142.3M 68.6M -16.7M 55.1M 37.9M
Net Income Common Stockholders 142.3M 68.6M -16.7M 55.1M 37.9M
Net Income 142.3M 68.6M -16.7M 55.1M 37.9M
EBITDA 252.9M 148.3M 60.0M 128.9M 93.7M
Normalized EBITDA 301.6M 178.4M 90.5M 132.5M 120.7M
Reconciled Depreciation 69.7M 66.0M 57.5M 56.7M 58.6M
Basic EPS -- 0.09 -0.02 -- 0.05
Diluted EPS -- 0.09 -0.02 -- 0.05
Basic Average Shares -- 791.8M 791.2M -- 790.7M
Diluted Average Shares -- 797.2M 791.2M -- 796.1M
Total Unusual Items -48.7M -30.1M -30.5M -3.6M -27.0M
Total Unusual Items Excluding Goodwill -48.7M -30.1M -30.5M -3.6M -27.0M
Tax Rate For Calcs 0.18 0.05 0.15 0.15 0.15
Normalized Income 182.1M 97.3M 9.2M 58.2M 60.9M
Diluted NI Availto Com Stockholders 142.3M 68.6M -16.7M 55.1M 37.9M
Gain On Sale Of Ppe -100,000 0.00 0.00 0.00 -100,000
Net Income Continuous Operations 142.3M 68.6M -16.7M 55.1M 37.9M
Net Non Operating Interest Income Expense -9.6M -4.2M -17.1M -8.3M -800,000
Other Gand A 7.7M 5.5M 5.3M 8.2M 5.5M
Other Special Charges 14.8M 12.3M 4.4M 0.00 --
Reconciled Cost Of Revenue 200.7M 177.0M 160.6M 169.1M 165.9M
Rent Expense Supplemental 600,000 1.5M 800,000 1.5M 2.4M
Salaries And Wages 7.1M 9.0M 4.5M 500,000 8.9M
Total Expenses 229.1M 201.5M 175.0M 185.0M 186.0M
Total Operating Income As Reported 233.4M 112.9M 22.0M 77.2M 66.0M
Total Other Finance Cost 1.9M 1.4M 1.7M 2.0M 3.5M
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Cash And Cash Equivalents 123.3M 225.8M 212.8M 105.2M 132.6M
Cash Cash Equivalents And Short Term Investments 124.3M 233.0M 219.6M 110.3M 140.5M
Other Short Term Investments 1.0M 7.2M 6.8M 5.1M 7.9M
Accounts Receivable 20.6M 22.5M 8.3M 21.6M 12.5M
Receivables 31.3M 26.8M 12.4M 25.0M 16.7M
Inventory 138.3M 120.1M 110.9M 118.7M 114.7M
Other Current Assets 9.4M 13.7M 13.0M 18.9M 7.8M
Current Assets 303.3M 393.8M 353.8M 274.1M 279.5M
Gross PPE 4.2B 4.1B 3.8B 3.7B 3.7B
Accumulated Depreciation -2.2B -2.1B -2.1B -2.0B -2.0B
Net PPE 2.0B 2.0B 1.7B 1.7B 1.7B
Other Non Current Assets 62.2M 46.5M 35.8M 33.9M 23.4M
Total Non Current Assets 2.1B 2.1B 1.8B 1.7B 1.7B
Total Assets 2.4B 2.5B 2.1B 2.0B 2.0B
Current Debt -- 110.5M -- -- --
Current Debt And Capital Lease Obligation 1.7M 113.2M 3.4M 700,000 1.0M
Accounts Payable 43.9M 40.4M 35.2M 36.9M 35.1M
Payables 47.2M 42.3M 36.2M 37.4M 35.8M
Payables And Accrued Expenses 156.9M 146.1M 123.1M 126.4M 122.0M
Current Accrued Expenses 109.7M 103.8M 86.9M 89.0M 86.2M
Other Current Liabilities 79.9M 64.5M 79.4M 67.9M 70.0M
Current Liabilities 344.9M 443.1M 210.0M 196.6M 196.9M
Long Term Debt 394.0M 543.8M 504.1M 397.0M 446.7M
Long Term Debt And Capital Lease Obligation 395.7M 545.6M 505.9M 399.0M 448.9M
Long Term Capital Lease Obligation 1.7M 1.8M 1.8M 2.0M 2.2M
Other Non Current Liabilities 9.7M 10.4M 6.4M 7.9M 8.5M
Total Non Current Liabilities Net Minority Interest 784.5M 916.9M 875.1M 754.9M 788.9M
Total Liabilities Net Minority Interest 1.1B 1.4B 1.1B 951.5M 985.8M
Common Stock 3.3B 3.3B 3.3B 3.3B 3.3B
Capital Stock 3.3B 3.3B 3.3B 3.3B 3.3B
Additional Paid In Capital 105.1M 104.9M 105.6M 106.2M 106.2M
Retained Earnings -2.2B -2.3B -2.4B -2.4B -2.4B
Gains Losses Not Affecting Retained Earnings -39.5M -34.9M -34.1M -31.2M -31.2M
Other Equity Adjustments -39.5M -34.9M -34.1M -31.2M -31.2M
Common Stock Equity 1.2B 1.1B 1.0B 1.1B 997.2M
Stockholders Equity 1.2B 1.1B 1.0B 1.1B 997.2M
Total Equity Gross Minority Interest 1.2B 1.1B 1.0B 1.1B 997.2M
Total Capitalization 1.6B 1.6B 1.5B 1.4B 1.4B
Net Tangible Assets 1.2B 1.1B 1.0B 1.1B 997.2M
Tangible Book Value 1.2B 1.1B 1.0B 1.1B 997.2M
Working Capital -41.6M -49.3M 143.8M 77.5M 82.6M
Invested Capital 1.6B 1.8B 1.5B 1.4B 1.4B
Total Debt 397.4M 658.8M 509.3M 399.7M 449.9M
Net Debt 270.7M 428.5M 291.3M 291.8M 314.1M
Share Issued 791.7M 791.7M 791.4M 790.9M 790.9M
Ordinary Shares Number 791.7M 791.7M 791.4M 790.9M 790.9M
Capital Lease Obligations 3.4M 4.5M 5.2M 2.7M 3.2M
Construction In Progress 204.1M 164.1M 97.3M 182.1M 3.7B
Current Capital Lease Obligation 1.7M 2.7M 3.4M 700,000 1.0M
Current Deferred Liabilities 97.8M 112.4M -- -- --
Current Provisions 8.6M 6.9M 4.1M 1.6M 3.9M
Derivative Product Liabilities 187.3M 180.4M 183.0M 174.6M 169.8M
Finished Goods 13.9M 16.1M 15.0M 14.4M --
Hedging Assets Current 0.00 200,000 -2.1M 1.2M -200,000
Income Tax Payable 3.3M 1.9M 1.0M 500,000 700,000
Interest Payable 2.8M 14.5M 11.7M 14.1M 6.6M
Long Term Provisions 115.3M 119.4M 119.8M 117.8M 117.6M
Machinery Furniture Equipment 1.3B 1.3B 1.3B 1.2B --
Non Current Deferred Assets 0.00 10.5M 11.2M 8.7M 4.9M
Non Current Deferred Liabilities 76.5M 61.1M 60.0M 55.6M 44.1M
Non Current Deferred Taxes Assets 0.00 10.5M 11.2M 8.7M 4.9M
Non Current Deferred Taxes Liabilities 76.5M 61.1M 60.0M 55.6M 44.1M
Other Current Borrowings -- 110.5M -- -- --
Other Receivables 600,000 700,000 600,000 200,000 800,000
Raw Materials 108.9M 86.9M 83.3M 87.2M --
Taxes Receivable 10.1M 3.6M 3.5M 3.2M 3.4M
Total Tax Payable 3.3M 1.9M 1.0M 500,000 700,000
Work In Process 15.5M 17.1M 12.6M 17.1M --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024
Operating Cash Flow 300.7M 162.9M 107.5M 109.6M 127.9M
Cash Flow From Continuing Operating Activities 300.8M 162.8M 107.5M 109.6M 127.9M
Depreciation Amortization Depletion 69.7M 66.0M 57.5M 56.7M 58.6M
Stock Based Compensation 700,000 -700,000 500,000 200,000 200,000
Deferred Tax 31.7M 3.4M 2.8M 9.5M -1.8M
Deferred Income Tax 31.7M 3.4M 2.8M 9.5M -1.8M
Change In Working Capital 4.3M 2.0M 17.5M -16.1M 7.9M
Change In Receivables -3.4M -13.9M 13.9M -9.0M -800,000
Change In Inventory -17.1M -6.0M 3.5M 800,000 -3.0M
Change In Payables And Accrued Expense 23.0M 19.2M -8.6M 4.7M 11.4M
Change In Payable 23.0M 19.2M -8.6M 4.7M 11.4M
Other Non Cash Items 24.9M 14.5M 23.4M 6.8M 1.8M
Capital Expenditure -77.9M -372.1M -75.2M -75.3M -62.5M
Purchase Of PPE -77.9M -372.1M -75.2M -75.3M -62.5M
Net PPE Purchase And Sale -77.9M -372.1M -75.2M -75.3M -62.5M
Sale Of Investment 6.4M -- -- -- 0.00
Net Investment Purchase And Sale 6.4M -- -- -- 0.00
Investing Cash Flow -69.9M -370.8M -74.1M -73.4M -60.8M
Cash Flow From Continuing Investing Activities -69.9M -370.8M -74.1M -73.4M -60.8M
Issuance Of Debt 0.00 150.0M 393.7M -- --
Repayment Of Debt -262.3M -1.1M -292.5M -700,000 -50.1M
Net Issuance Payments Of Debt -262.3M 148.9M 101.2M -50.7M -50.1M
Issuance Of Capital Stock 0.00 0.00 -- 0.00 0.00
Net Common Stock Issuance 0.00 0.00 -- 0.00 0.00
Financing Cash Flow -332.8M 219.7M 74.3M -62.2M -119.0M
Cash Flow From Continuing Financing Activities -332.8M 219.7M 74.3M -62.2M -119.0M
Effect Of Exchange Rate Changes -500,000 1.2M -100,000 -1.4M 100,000
Changes In Cash -102.0M 11.8M 107.7M -26.0M -51.9M
Beginning Cash Position 225.8M 212.8M 105.2M 132.6M 184.4M
End Cash Position 123.3M 225.8M 212.8M 105.2M 132.6M
Free Cash Flow 222.8M -209.2M 32.3M 34.3M 65.4M
Asset Impairment Charge -3.8M -7.0M 800,000 -- -4.2M
Cash Dividends Paid 0.00 0.00 0.00 0.00 0.00
Change In Prepaid Assets 1.8M 2.7M 8.7M -12.6M 300,000
Common Stock Issuance 0.00 0.00 -- 0.00 0.00
Gain Loss On Investment Securities 38.4M 10.0M 23.1M 11.8M 24.3M
Interest Paid Cff -22.6M -2.8M -18.8M -1.5M -18.8M
Interest Received Cfi 1.6M 1.3M 1.1M 1.2M 1.7M
Long Term Debt Issuance 0.00 150.0M 393.7M -- --
Long Term Debt Payments -262.3M -1.1M -292.5M -700,000 -50.1M
Net Foreign Currency Exchange Gain Loss -3.5M 6.9M 600,000 -8.9M 2.2M
Net Income From Continuing Operations 142.3M 68.6M -16.7M 55.1M 37.9M
Net Long Term Debt Issuance -262.3M 148.9M 101.2M -50.7M -50.1M
Net Other Financing Charges -48.0M 72.9M -8.2M -11.3M -50.8M
Net Other Investing Changes -- -- -- -- --
Operating Gains Losses 35.6M 16.9M 23.7M -13.9M 26.6M
Proceeds From Stock Option Exercised 100,000 700,000 100,000 1.3M 700,000
Taxes Refund Paid -4.4M -600,000 -400,000 -800,000 800,000
Unrealized Gain Loss On Investment Securities -300,000 -200,000 -1.6M 1.7M 100,000
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