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New Gold Announces Management Change, Eyes Future Growth

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New Gold Announces Management Change, Eyes Future Growth

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An update from New Gold ( (TSE:NGD) ) is now available.

New Gold Inc. announced a senior management change as Yohann Bouchard, Executive Vice President and Chief Operating Officer, has departed the company effective January 31, 2025. This transition is seen as an opportunity for new operational leadership, with President & CEO Patrick Godin expressing excitement about presenting the company’s operational outlook and updated technical reports, which will highlight the company’s ability to maximize free cash flow generation in the upcoming years.

More about New Gold

New Gold is a Canadian-focused intermediate mining company that operates two core producing assets in Canada, namely the Rainy River gold mine and the New Afton copper-gold mine. The company aims to build a leading diversified intermediate gold company with a strong commitment to environmental and social responsibility.

YTD Price Performance: 15.27%

Average Trading Volume: 9,048,858

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.35B

See more data about NGD stock on TipRanks’ Stock Analysis page.

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