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New Gold ( (TSE:NGD) ) has provided an update.
On November 2, 2025, New Gold Inc. entered into a definitive arrangement agreement with Coeur Mining, Inc. and its subsidiary, 1561611 B.C. Ltd., for the acquisition of all issued and outstanding common shares of New Gold. Under the agreement, New Gold shareholders will receive 0.4959 shares of Coeur common stock for each New Gold share they hold. This transaction, subject to regulatory and shareholder approvals, will result in Coeur and New Gold shareholders owning approximately 62% and 38% of the combined company, respectively. The arrangement is expected to enhance the combined entity’s market position and operational capabilities in the mining sector.
The most recent analyst rating on (TSE:NGD) stock is a Buy with a C$12.50 price target. To see the full list of analyst forecasts on New Gold stock, see the TSE:NGD Stock Forecast page.
Spark’s Take on TSE:NGD Stock
According to Spark, TipRanks’ AI Analyst, TSE:NGD is a Neutral.
New Gold’s strong earnings call performance and operational improvements are the most significant factors driving the score. While financial performance shows growth, concerns about cash flow and debt levels persist. Technical analysis and valuation present a mixed picture, with moderate valuation and neutral technical indicators.
To see Spark’s full report on TSE:NGD stock, click here.
More about New Gold
New Gold Inc. is a Canadian company based in Toronto, Ontario, operating in the mining industry. The company primarily focuses on the production of gold and other precious metals, with a significant presence in the North American market.
Average Trading Volume: 2,634,980
Technical Sentiment Signal: Buy
Current Market Cap: C$8.41B
Find detailed analytics on NGD stock on TipRanks’ Stock Analysis page.