Gary Bourgeault
Long only, research analyst, portfolio strategy, media

New Gold's Consistency In A Volatile Market

New Gold (NYSEMKT:NGD) has been known for consistently churning out profits over the years, and even though the last quarter wasn't a great one by its standards, there's still a lot to like about the company, which has four producing mines at this time.

Some of the challenges surrounding New Gold are the declining grades at some of its mines, as well as whether or not the drop in revenue and earnings in the first quarter of 2013 is the beginning of a trend. This is said in light of the uncertainty surrounding the price of gold and whether or not it will continue to fall. The other concern is if production costs will continue to rise -...

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