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New Gold (TSX:NGD) Reserves - Proven (K) : 0.00 (As of . 20)


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What is New Gold Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for New Gold's Reserves - Proven (K) or its related term are showing as below:

TSX:NGD's Reserves - Proven (K) is not ranked *
in the Metals & Mining industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

New Gold Reserves - Proven (K) Historical Data

The historical data trend for New Gold's Reserves - Proven (K) 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 Reserves - Proven (K) Chart


New Gold  (TSX:NGD) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.

New Gold Reserves - Proven (K) Related Terms

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New Gold (TSX:NGD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Gold Inc (TSX:NGD) » Definitions » Reserves - Proven (K)
Comparable Companies
TSX:FVI TSX:OLA TSX:WDO TSXV:ARTG TSX:KNT TSX:TXG TSX:CG TSX:NG TSX:DPM TSX:SSRM SHSE:601899 NEM TSX:AEM TSX:ABX TSX:FNV TSX:WPM SHSE:600547 JSE:GFI MIC:PLZL ASX:NST
Traded in Other Exchanges
NGD:USA 32N:Germany
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.