New Gold (New Gold) Net Margin %

: -13.76% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. New Gold's Net Income for the three months ended in Dec. 2023 was $-27.4 Mil. New Gold's Revenue for the three months ended in Dec. 2023 was $199.2 Mil. Therefore, New Gold's net margin for the quarter that ended in Dec. 2023 was -13.76%.

The historical rank and industry rank for New Gold's Net Margin % or its related term are showing as below:

NGD' s Net Margin % Range Over the Past 10 Years
Min: -205.21 Med: -12 Max: 18.86
Current: -8.24

NGD's Net Margin % is ranked worse than
59.14% of 859 companies
in the Metals & Mining industry
Industry Median: 0.37 vs NGD: -8.24

New Gold Net Margin % Historical Data

The historical data trend for New Gold's Net Margin % 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.

* Premium members only.

New Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

-11.66

-12.33

18.86

-11.05

-8.20

New Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																-10.38	-15.77	-1.41	-1.34	-13.76

Competitive Comparison

For the Gold subindustry, New Gold's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution

For the Metals & Mining industry and Basic Materials sector, New Gold's Net Margin % distribution charts can be found below:

* The bar in red indicates where New Gold's Net Margin % falls into.

New Gold Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

New Gold's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-64.5	/	786.5
	=	-8.20 %

New Gold's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-27.4	/	199.2
	=	-13.76 %

New Gold (AMEX:NGD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

New Gold Net Margin % 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 » Net Margin %

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.