Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from New Pacific Metals ( (TSE:NUAG) ) is now available.
New Pacific Metals has announced its plans for 2025, focusing on advancing permitting for its Silver Sand and Carangas projects in Bolivia. The company aims to strengthen stakeholder relationships and secure necessary permits for construction, while maintaining a strong financial position with $18 million in cash. Significant milestones were achieved in 2024, including updated technical studies, positioning the company to potentially produce nearly 19 million ounces of silver annually to meet global demand. Challenges at the Silver Sand project involve securing surface rights while dealing with illegal artisanal miners. Meanwhile, at Carangas, the company is transitioning its Exploration License to an Administrative Mining Contract under Bolivia’s Mining Code.
More about New Pacific Metals
New Pacific Metals is a mining company operating in the mining industry with a focus on silver production. The company is primarily engaged in the development of large open-pit silver mines, particularly through its flagship projects, Silver Sand and Carangas, located in Bolivia.
YTD Price Performance: -7.14%
Average Trading Volume: 230,795
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $203.2M
Find detailed analytics on NUAG stock on TipRanks’ Stock Analysis page.
