Pierre Lassonde - New Gold Independent Director
| NGD Stock | USD 1.82 0.02 1.11% |
Director
Mr. Pierre Lassonde serves as an Independent Director of New Gold Inc. since June 30 2008. He is the Chairman of FrancoNevada Corporationrationration. He formerly served as President of Newmont Mining Corporation from 2002 to 2006 and resigned as a director and Vice Chairman of Newmont effective November 30 2007. Previously Mr. Lassonde served as a director and President and CoChief Executive Officer of FrancoNevada Corporationrationration. Mr. Lassonde also serves on the board of directors of Enghouse Systems Limited. Mr. Lassonde is a Member of the Order of Canada and was inducted into the Canadian Mining Hall of Fame in 2013. Mr. Lassondes principal occupation is Chairman of FrancoNevada Corporationrationration. since 2008.
| Age | 66 |
| Tenure | 16 years |
| Address | Brookfield Place, Toronto, ON, Canada, M5J 2T3 |
| Phone | 416 324 6000 |
| Web | https://www.newgold.com |
New Gold Management Efficiency
The company has Return on Asset of 0.0158 % which means that on every $100 spent on assets, it made $0.0158 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0738) %, meaning that it generated no profit with money invested by stockholders. New Gold's management efficiency ratios could be used to measure how well New Gold manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Capital Employed is expected to grow to 0.03, whereas Return On Tangible Assets are forecasted to decline to (0.03). At present, New Gold's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Fixed Asset Turnover is expected to grow to 0.44, whereas Non Current Assets Total are forecasted to decline to about 1.7 B.Similar Executives
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Management Performance
| Return On Equity | -0.0738 | ||||
| Return On Asset | 0.0158 |
New Gold Leadership Team
Elected by the shareholders, the New Gold's board of directors comprises two types of representatives: New Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Gold's management team and ensure that shareholders' interests are well served. New Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Eric Vinet, Vice President, General Manager - Rainy River | ||
| Keith Murphy, Executive CFO | ||
| Paula Myson, CFO, Executive Vice President | ||
| Gillian Davidson, Non-Executive Independent Director | ||
| Ankit Shah, Vice President - Strategy and Business Development | ||
| JeanFrancois Ravenelle, Vice Geology | ||
| Brandon Throop, Director Relations | ||
| Margaret Mulligan, Non-Executive Independent Director | ||
| Pierre Lassonde, Independent Director | ||
| Paul Melling, Treasurer | ||
| Barry OShea, Vice President - Finance, Vice President - Business Development | ||
| Renaud Adams, President, Chief Executive Officer, Director | ||
| Anne Day, Vice President - Investor Relations | ||
| Andrew PEng, Director Services | ||
| Jeff LaMarsh, General Afton | ||
| Shauntese Constantinoff, External Advisor | ||
| Randall Oliphant, Executive Chairman | ||
| Robert Gallagher, President CEO, Director | ||
| Marilyn Schonberner, Non-Executive Independent Director | ||
| Robert Chausse, Chief Financial Officer, Executive Vice President | ||
| Asc BSc, Pres CEO | ||
| Hannes Portmann, VP of Corporate Devel. | ||
| Sean Keating, Vice President General Counsel, Corporate Secretary | ||
| Vahan Kololian, Independent Director | ||
| Sharon Giraudel, Head Resources | ||
| Peter Marshall, Vice President - Project Development | ||
| James Gowans, Non-Executive Independent Director | ||
| Bethany Borody, Vice Sustainability | ||
| Brian Penny, CFO and Executive VP | ||
| Kay Priestly, Director | ||
| Peter Woodhouse, Vice President - Projects | ||
| David Emerson, Independent Director | ||
| Gord Simms, General River | ||
| Martyn Konig, Independent Director | ||
| John Ritter, Gen Afton | ||
| James Estey, Independent Director | ||
| Nicholas Chirekos, Non-Executive Independent Director | ||
| Cory Atiyeh, Vice President - Operations | ||
| John Marshall, Vice President - Human Resources | ||
| Lisa Damiani, Vice President - Government Relations, General Counsel, Corporate Secretary | ||
| Raymond Threlkeld, Non-Independent Director | ||
| Julie Rachynski, Vice President - Human Resources | ||
| David Schummer, COO and Executive VP | ||
| Julie Taylor, Media and Communications | ||
| Mark Petersen, VP of Exploration | ||
| Ian Pearce, Non-Executive Independent Chairman of the Board | ||
| Yohann Bouchard, Executive COO | ||
| Luke Buchanan, Vice Services |
New Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is New Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0738 | ||||
| Return On Asset | 0.0158 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 1.46 B | ||||
| Shares Outstanding | 685.6 M | ||||
| Shares Owned By Insiders | 5.78 % | ||||
| Shares Owned By Institutions | 51.85 % | ||||
| Number Of Shares Shorted | 5.7 M | ||||
| Price To Earning | 5.07 X |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Gold. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. For information on how to trade New Stock refer to our How to Trade New Stock guide.Note that the New Gold information on this page should be used as a complementary analysis to other New Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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When running New Gold's price analysis, check to measure New Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Gold is operating at the current time. Most of New Gold's value examination focuses on studying past and present price action to predict the probability of New Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Gold's price. Additionally, you may evaluate how the addition of New Gold to your portfolios can decrease your overall portfolio volatility.
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Is New Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Gold. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 1.15 | Quarterly Revenue Growth 0.224 | Return On Assets 0.0158 | Return On Equity (0.07) |
The market value of New Gold is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Gold's value that differs from its market value or its book value, called intrinsic value, which is New Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Gold's market value can be influenced by many factors that don't directly affect New Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.