New Gold Achieves Record Financial Performance

Precious Metals

Mineweb reported that New Gold (TSX:NGD) increased its year over year net earnings by 212%.

Mineweb reported that New Gold (TSX:NGD) increased its year over year net earnings by 212%.

As quoted in the market news:

Net earnings in 2011 increased by 212% from $57 million or 15-cents per share in 2010 to $179 million or 42-cents per share. Adjusted net earnings increased by 62% to $188 million or 44-cents per share in 2011, compared to $115.7 million or 30-cents per share.

Click here to read the full Mineweb report.

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