May 2 (Reuters) - Canadian miner New Gold Inc posted a 36 percent rise in quarterly profit, helped by higher gold prices.
First-quarter earnings were $33.5 million or 7 cents per share, compared with $24.7 million, or 6 cents a share, a year ago.
New Gold, which owns operating assets in the United States, Mexico and Australia and is developing assets in Canada and Chile, said revenue fell 2 percent to $168.8 million.
Gold production fell 8 percent to 99,274 ounces.
Shares of the company closed at C$8.95 on Wednesday on the Toronto Stock Exchange.