New Gold: Q1 Earnings Snapshot

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TORONTO (AP) — TORONTO (AP) — New Gold Inc. (NGD) on Tuesday reported a loss of $16.7 million in its first quarter.

On a per-share basis, the Toronto-based company said it had a loss of 2 cents. Earnings, adjusted for non-recurring costs, were 2 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The gold mining company posted revenue of $209.1 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NGD at https://www.zacks.com/ap/NGD