tiprankstipranks
New Pacific Metals Unveils Promising Studies and Funding
Company Announcements

New Pacific Metals Unveils Promising Studies and Funding

Story Highlights

New Pacific Metals (TSE:NUAG) has released an update.

Don't Miss our Black Friday Offers:

New Pacific Metals Corp. announced significant milestones, including a promising Pre-Feasibility Study for the Silver Sand Project with a $740 million NPV and a robust IRR of 37%, alongside a substantial mineral resource estimate for the Carangas Project. Additionally, the company successfully completed a bought deal financing, securing $25.9 million in gross proceeds. Despite these advancements, the company reported a net loss for the year ended June 30, 2024, which was lower than the previous year’s losses.

For further insights into TSE:NUAG stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskNew Pacific Metals Releases Carangas Deposit Analysis
TipRanks Auto-Generated NewsdeskNew Pacific Metals Advances Carangas Project in Bolivia
TipRanks Auto-Generated NewsdeskNew Pacific Metals Reports Narrower Quarterly Loss
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App