New Gold Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 115.7 million compared to USD 198.2 million a year ago. Net loss was USD 37.9 million compared to USD 15.8 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.06 compared to USD 0.02 a year ago.
For the six months, sales was USD 290.4 million compared to USD 363.1 million a year ago. Net loss was USD 45.7 million compared to net income of USD 1 million a year ago. Basic loss per share from continuing operations was USD 0.07. Diluted loss per share from continuing operations was USD 0.07.