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Supreme Court Greenlights New Gold’s Game-Changing Acquisition by Coeur Mining

Bryce TuoheyAvatar
Written by Bryce Tuohey Reviewed by Tim Sykes Fact-checked by Matt Monaco
Updated 2/9/2026, 5:06 pm ET 2/9/2026, 5:06 pm ET | 5 min 5 min read
Supreme Court Greenlights New Gold’s Game-Changing Acquisition by Coeur Mining Thumbnail

New Gold Inc. stocks have been trading up by 7.28 percent following a significant strategic partnership announcement.

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Live Update At 17:04:35 EST: On Monday, February 09, 2026 New Gold Inc. stock [NYSE American: NGD] is trending up by 7.28%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview:

For the last reported quarter of 2025, New Gold showcased a strong performance. Meeting guidance, they produced around 108,000 ounces of gold and 11M pounds of copper, translating into a yearly total of about 354,000 gold ounces and a healthy 50.1M pounds of copper. This production prowess generated $240M in free cash flow in the quarter alone.

But that’s not all. For the entire year, New Gold generated an impressive $532M in free cash flow. Their commitment still shines through their latest numbers. The company’s EBIT was substantial, and their EBITDA stood strong over $250M, likely fueling these achievements. It’s clear from their over $930M revenue that New Gold is riding a solid wave.

Observing its stock movement, NGD shares opened at $10.70, peaked at $11.38 recently, and closed mostly around $11.37. Such numbers indicate potential gains, with analyst upgrades further complimenting this outlook. Bobby, a small-time investor, swore that his lucky coin flip predicted the rise, but I assure him, this is the magic of strategic expansions and strong fundamentals at play.

Market Dynamics and Investor Reactions:

Approving the Takeover: The green light from the Supreme Court doesn’t come as a surprise, but it sure is delightful news for stakeholders. It signifies the clearing of hurdles for Coeur Mining in its mission to absorb New Gold. This acquisition positions these two powerhouses to turbocharge their combined markets and optimize operations, bringing forth enhanced liquidity and a bolstered balance sheet.

Analyst Optimism: Scotiabank and Canaccord analysts have spurred waves of optimism, raising price targets to $12.75 and C$18, respectively. They’re keeping the faith and maintaining outperform and buy ratings. Their cheerful outlook reflects the bright horizon they see for New Gold, cementing confidence among shareholders and possibly tempting fence-sitters to get in.

More Breaking News

Strong Shareholder Endorsements: From Glass Lewis to ISS, expert advisories are all aboard for Coeur’s acquisition move. With their heads put together progressively, they’ve vouched for this strategic alignment, urging shareholder approval. And with such resounding endorsements, investors are bound to brim with confidence and anticipation.

Unifying Vision and Strategic Symbiosis:

New Gold’s integration with Coeur represents more than a simple merger—it epitomizes the idea of creating a top-tier mining behemoth. Such coalescence brings not only scale but promises operational synergies and shareholder premiums. Optimism isn’t just wafting in the air—it’s getting solidified on paper.

Coeur shareholders stand to gain approximately 62 percent ownership of the newly consolidated entity, effectively blending their rich tapestry of assets with New Gold’s riveting outputs. As speculation swirls around potential synergies, both companies anticipate amplified cash flows and EBITDA uplifts.

Bringing forth such operational harmony, Coeur and New Gold are on the path to recalibrate their positions in the precious metals sphere, evolving into an even more formidable competitor. Alongside higher ownership stakes, existing stakeholders will relish in generous dividends and capital growth. For an ordinary Joe like Stuart, who’s watched this industry weave through its ebbs and flows, the acquisition embodies prosperity’s glorious scent.

Conclusion:

New Gold and Coeur Mining are venturing into territories less explored—new paths adorned with economic possibilities and innovative advancements. As 2026 wears on, stakeholders and market enthusiasts alike are tethering their hopes to this union’s success. The combination of management acumen and resource strength promises learners and dreamers with a horizon painted in optimistic hues.

In the grand arc of things, the Supreme Court’s approval epitomizes a journey’s pivotal turn. As traders navigate the evolving landscapes, patiently awaiting the opportune moment in line with the trading wisdom of millionaire penny stock trader and teacher Tim Sykes, who says, “Be patient, don’t force trades, and let the perfect setups come to you,” they eagerly flip through pages of financial history. One thing becomes apparent—the attitude of thrusting two enterprises together is set to propagate a legacy ripe with stability, equity value, and spirited stakeholders. Major impacts await, with reverberations bound to echo. Could this be the golden ticket traders covet? Time shall unearth its tale.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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Bryce Tuohey

Mentor and Trainer at StocksToTrade.com, Lead Mentor at Small Cap Rockets and To The Moon Report
Bryce’s first pattern was buying into strength in breakouts. But he noticed when they didn’t work, he took bigger losses. When the OTC market got hot, Bryce learned to dip buy the inevitable panics. He adapted his breakout strategy and now buys consolidation and trend breaks. His goal is to have better risk/reward and get an entry before multi-day listed breakouts.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”