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


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What is New Gold Reserves - Probable (K)?

Probable reserves are reserves calculated to be at least 50% likely to be recovered through drilling.

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

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

New Gold Reserves - Probable (K) Historical Data

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


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

Reserves - Probable (K) are reserves calculated to be at least 50% likely to be recovered through drilling. Probable reserves do not necessarily imply proven reserves, since a firm may decide not to recover the deposits because of the expensive economics involved in extraction.

Any combination of regulatory, economic and technological challenges could reduce the likelihood that a firm can profitably extract the reserve.

New Gold Reserves - Probable (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 - Probable (K)
Comparable Companies
TSX:TXG TSX:OLA TSX:WDO TSX:KNT TSXV:ARTG TSX:CG TSX:SSRM TSX:CXB TSX:DPM TSX:FVI SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM TSX:FNV 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.
Executives
Patrick Godin Director, Senior Officer