New Pacific Metals (NUAG) AI Stock Analysis

• Market Cap: C$966.12M
• Dividend Yield: N/A
• Average Volume (3M): 352.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 3.11
• Revenue Growth: N/A
• EPS Growth: 40.00%
• Country: CA
• Employees: 32
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Other Precious Metals
• EPS (TTM): N/A
• Shares Outstanding: 184,022,690
• 10 Day Avg. Volume: 226,628
• 30 Day Avg. Volume: 352,678
• PEG Ratio: 1.51
• Price to Book (P/B): 2.35
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -50.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$6.02
• Price Target Upside: 14.61% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: C$5.00 ▼(-4.76% Downside)

The score is anchored by a strong, low-leverage balance sheet and solid technical momentum. Offsetting this are the pre-revenue business model with ongoing losses and cash burn, plus limited valuation support due to a negative P/E and no dividend. Positive corporate events (financing and project/leadership progress) add support but do not fully mitigate execution and funding dependence.

New Pacific Metals Business Overview & Revenue Model

Company Description

New Pacific Metals Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Bolivia and Canada. It explores for silver, gold, lead, and zinc deposits. The company's flagship property is the Silver Sand property, which cover an area of 5.42 square kilometers located in the Potosí Department, Bolivia. It also owns Silverstrike property located in southwest of La Paz, Bolivia; and Carangas property located in La Ruta de la Plata. The company was formerly known as New Pacific Holdings Corp. and changed its name to New Pacific Metals Corp. in July 2017. New Pacific Metals Corp. is headquartered in Vancouver, Canada.

How the Company Makes Money

New Pacific Metals generates revenue primarily through the exploration and development of mineral properties with a focus on silver and gold. The company's business model involves acquiring promising mineral assets, conducting extensive exploration and development activities, and advancing these projects towards production. Revenue is eventually realized through the sale of extracted metals or through strategic partnerships and joint ventures with other mining companies. Additionally, New Pacific Metals may enter into agreements with other companies to monetize its assets, providing further revenue streams. Key factors contributing to its earnings include successful exploration results, favorable market conditions for precious metals, and partnerships with local and international entities that facilitate project development and eventual extraction.

New Pacific Metals Financial Statement Overview

Summary

Balance sheet strength (no debt and sizable equity) reduces financial risk, but the company remains pre-revenue with ongoing losses and negative operating/free cash flow despite some improvement versus prior periods.

Income Statement

The company continues to report no revenue across the annual periods and in TTM (Trailing-Twelve-Months), with persistent operating losses (TTM EBIT of about -$6.2M) and a net loss of about -$3.5M. Losses have narrowed versus FY2023–FY2024 levels, which is a positive trajectory, but profitability remains structurally weak given the absence of revenue and negative gross profit.

Balance Sheet

The balance sheet is a key strength: total debt is reported at $0 across all periods, and equity is sizable (TTM equity ~$185.5M), implying low financial risk from leverage. However, returns remain negative (TTM return on equity around -2.4%), reflecting ongoing losses and limiting the quality of the equity base despite the strong capitalization.

Cash Flow

Cash generation remains weak with negative operating cash flow (TTM about -$3.5M) and negative free cash flow (TTM about -$6.7M), consistent with an investment/exploration profile and ongoing cash burn. Free cash flow has improved materially versus FY2023 (less negative), but the business still relies on funding rather than self-sustaining cash generation.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	-146.60K	-201.37K	-274.00K	-214.00K	-174.00K	-44.00K
EBITDA	-5.22M	-3.67M	-8.36M	-9.55M	-6.76M	-6.44M
Net Income	-3.50M	-3.85M	-8.24M	-8.10M	-6.62M	-7.19M
Balance Sheet
Total Assets	134.33M	135.22M	137.67M	118.31M	124.08M	126.82M
Cash, Cash Equivalents and Short-Term Investments	15.68M	23.25M	22.21M	6.49M	29.51M	46.59M
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.33M	927.45K	1.21M	2.34M	3.87M	1.09M
Stockholders Equity	133.00M	134.29M	136.61M	116.08M	120.28M	125.73M
Cash Flow
Free Cash Flow	-5.79M	-6.31M	-8.89M	-23.63M	-16.20M	-9.03M
Operating Cash Flow	-3.61M	-3.26M	-4.01M	-5.51M	-4.56M	-4.60M
Investing Cash Flow	-2.87M	-2.75M	-4.51M	-17.03M	-13.05M	17.60M
Financing Cash Flow	97.60K	6.35K	24.58M	825.12K	1.78M	1.08M

New Pacific Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 5.25
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NUAG, the sentiment is Positive. The current price of 5.25 is above the 20-day moving average (MA) of 5.05, above the 50-day MA of 4.23, and above the 200-day MA of 2.84, indicating a bullish trend. The MACD of 0.26 indicates Positive momentum. The RSI at 61.93 is Neutral, neither overbought nor oversold. The STOCH value of 59.23 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:NUAG.

New Pacific Metals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ASM	78 Outperform	C$1.54B	46.13	14.35%	―	65.77%	458.38%
GGD	74 Outperform	C$1.27B	50.84	5.38%	―	104.08%	832.86%
ITR	71 Outperform	C$981.97M	45.60	15.43%	―	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
NUAG	60 Neutral	C$966.12M	-198.86	-2.40%	―	―	40.00%
SLVR	57 Neutral	C$503.51M	-89.19	-4.86%	―	―	-14.43%
BRC	47 Neutral	C$498.54M	-17.86	-151.33%	―	―	-198.87%

New Pacific Metals Corporate Events

New Pacific Metals Advances Bolivian Silver-Gold Projects Amid Positive Developments

New Pacific Metals Corp. has reported significant progress in its Carangas silver-gold and Silver Sand silver projects in Bolivia, marking a proactive year in 2025. The company has made strides in converting exploration licenses to administrative mining contracts and has engaged positively with local communities, securing their support for ongoing development activities. The Bolivian government’s encouragement of foreign investment further bolsters the company’s outlook for 2026. Challenges at the Silver Sand Project, including illegal mining activities, have been addressed, allowing the company to regain control and continue its environmental impact assessment process.

The most recent analyst rating on (TSE:NUAG) stock is a Buy with a C$3.40 price target. To see the full list of analyst forecasts on New Pacific Metals stock, see the TSE:NUAG Stock Forecast page.

New Pacific Metals Secures Strong Shareholder Support at 2025 AGM

New Pacific Metals Corp. announced the successful approval of all matters at its 2025 annual general meeting, with a significant 78.53% of shares represented. The election of directors saw high approval rates, and Deloitte LLP was re-appointed as auditors, reflecting strong shareholder support and stability in the company’s governance.

The most recent analyst rating on (TSE:NUAG) stock is a Buy with a C$3.40 price target. To see the full list of analyst forecasts on New Pacific Metals stock, see the TSE:NUAG Stock Forecast page.

New Pacific Metals Reports Q1 2026 Financial Results and Leadership Changes

New Pacific Metals reported its financial results for the quarter ending September 30, 2025, highlighting a net loss of $0.75 million, an improvement from the previous year’s loss. The company successfully closed a bought deal financing, raising approximately $28.8 million, and appointed Mr. Jalen Yuan as CEO and Mr. Chester Xie as CFO. These developments are expected to strengthen the company’s leadership and financial position, potentially impacting its project advancements in Bolivia.

The most recent analyst rating on (TSE:NUAG) stock is a Buy with a C$3.40 price target. To see the full list of analyst forecasts on New Pacific Metals stock, see the TSE:NUAG Stock Forecast page.

New Pacific Metals Appoints Permanent CEO and CFO to Advance Bolivian Projects

New Pacific Metals has appointed Jalen Yuan as the permanent CEO and Chester Xie as the permanent CFO, following their interim roles since April 2025. This leadership change is expected to drive the advancement of the Silver Sand and Carangas projects in Bolivia, enhancing shareholder value and strengthening the company’s position in the precious metals industry.

The most recent analyst rating on (TSE:NUAG) stock is a Buy with a C$3.40 price target. To see the full list of analyst forecasts on New Pacific Metals stock, see the TSE:NUAG Stock Forecast page.

New Pacific Metals Secures C$40.4 Million in Financing to Advance Bolivian Projects

New Pacific Metals Corp. has successfully closed a C$40.4 million bought deal financing, selling over 11 million common shares at C$3.55 each. The proceeds will be used for exploration and development of its Carangas and Silver Sand projects, as well as for general corporate purposes. The financing saw significant participation from related parties Silvercorp Metals Inc. and Pan American Silver Corp., which now hold 27.99% and 11.47% of New Pacific’s outstanding shares, respectively. This transaction strengthens New Pacific’s financial position and supports its strategic focus on advancing its Bolivian projects.

The most recent analyst rating on (TSE:NUAG) stock is a Buy with a C$3.40 price target. To see the full list of analyst forecasts on New Pacific Metals stock, see the TSE:NUAG Stock Forecast page.

New Pacific Metals Announces Prospectus Supplement for Public Offering

New Pacific Metals has filed a prospectus supplement for a ‘bought deal’ public offering to distribute 9,900,000 common shares at $3.55 per share, with an option for an additional 1,485,000 shares. This move, pending regulatory approval, aims to bolster the company’s financial position and enhance its market presence.

The most recent analyst rating on (TSE:NUAG) stock is a Buy with a C$3.40 price target. To see the full list of analyst forecasts on New Pacific Metals stock, see the TSE:NUAG Stock Forecast page.