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New Pacific Metals Reports Reduced Losses and Continued Project Investments

Story Highlights
  • New Pacific Metals reported a net loss reduction for the period ending March 31, 2025.
  • The company focused investments on its Silver Sand, Carangas, and Silverstrike projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
New Pacific Metals Reports Reduced Losses and Continued Project Investments

Confident Investing Starts Here:

An announcement from New Pacific Metals ( (TSE:NUAG) ) is now available.

New Pacific Metals Corp. reported a net loss of $0.86 million for the three months and $2.86 million for the nine months ended March 31, 2025, showing a reduction in losses compared to the previous year. The company’s financial performance was influenced by reduced operating expenses and increased foreign exchange gains, while maintaining a strong working capital of $16.67 million. Project expenditures were focused on the Silver Sand, Carangas, and Silverstrike projects, with notable investments in exploration and project management, indicating ongoing commitment to advancing these key assets.

Spark’s Take on TSE:NUAG Stock

According to Spark, TipRanks’ AI Analyst, TSE:NUAG is a Underperform.

New Pacific Metals faces significant financial challenges with no revenue and ongoing losses typical of exploration-stage mining companies. While the absence of debt and a strong equity position are positives, the negative cash flow and lack of technical momentum weigh heavily on its score. The valuation is difficult due to negative earnings, making the stock a high-risk investment.

To see Spark’s full report on TSE:NUAG stock, click here.

More about New Pacific Metals

New Pacific Metals Corp. operates in the mining industry, focusing on the exploration and development of precious metal properties. The company primarily engages in silver mining projects, with significant activities in the Silver Sand, Carangas, and Silverstrike projects.

Average Trading Volume: 52,321

Technical Sentiment Signal: Sell

Current Market Cap: C$277.8M

Find detailed analytics on NUAG stock on TipRanks’ Stock Analysis page.

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