New Pacific Metals (NUAG) AI Stock Analysis

• Market Cap: $385.87M
• Dividend Yield: N/A
• Average Volume (3M): 54.19K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.63
• Revenue Growth: N/A
• EPS Growth: 39.36%
• Country: CA
• Employees: 32
• Sector: Basic Materials
• Sector Strength: 57
• Industry: Other Precious Metals
• EPS (TTM): -0.01
• Shares Outstanding: 171,499,620
• 10 Day Avg. Volume: 41,767
• 30 Day Avg. Volume: 54,185
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.64
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: -1.19K
• Enterprise Value/Ebitda: -40.07
• 1Y Price Target: $4.74
• Price Target Upside: 110.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 39 Underperform
• Price Target: ―

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.

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

New Pacific Metals is in the exploration stage, with no revenues and ongoing losses. The company has a strong equity position with no debt, but negative cash flows highlight the high-risk nature of its pre-revenue status.

Income Statement

New Pacific Metals has reported zero revenue consistently, with negative gross profit and net income over the years, reflecting ongoing financial challenges typical of mining exploration companies pre-revenue. The TTM figures show a continued negative EBIT and EBITDA, indicating ongoing operational losses.

Balance Sheet

The company's balance sheet shows a strong equity position with no debt, which is a positive indicator of financial stability. However, the equity ratio has decreased slightly in recent periods. The absence of revenue and profitability pressures the balance sheet's potential.

Cash Flow

Cash flows are negative, with significantly negative free cash flow, reflecting high capital expenditures typical for a mining company in exploration. Operating cash flow remains negative, indicating ongoing cash burn without offsetting income.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00
Gross Profit	-274.00K	-214.00K	-174.00K	-44.00K	-11.79K
EBITDA	-8.36M	-10.56M	-6.76M	-6.44M	7.93M
Net Income	-8.24M	-8.10M	-6.62M	-7.19M	5.91M
Balance Sheet
Total Assets	137.67M	118.31M	124.08M	126.82M	130.92M
Cash, Cash Equivalents and Short-Term Investments	22.21M	6.49M	29.51M	46.59M	44.87M
Total Debt	0.00	0.00	0.00	0.00	0.00
Total Liabilities	1.21M	2.34M	3.87M	1.09M	1.50M
Stockholders Equity	136.61M	116.08M	120.28M	125.73M	129.46M
Cash Flow
Free Cash Flow	-8.89M	-23.63M	-16.20M	-9.03M	-13.33M
Operating Cash Flow	-4.01M	-5.51M	-4.56M	-4.60M	-2.63M
Investing Cash Flow	-4.51M	-17.03M	-13.05M	17.60M	-17.90M
Financing Cash Flow	24.58M	825.12K	1.78M	1.08M	29.24M

New Pacific Metals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2.25
• 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 2.25 is below the 20-day moving average (MA) of 2.27, above the 50-day MA of 2.11, and above the 200-day MA of 1.91, indicating a neutral trend. The MACD of 0.03 indicates Positive momentum. The RSI at 53.98 is Neutral, neither overbought nor oversold. The STOCH value of 73.47 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
SLVR	47 Neutral	C$250.78M	―	-5.23%	―	―	-18.89%
Sector *	44 Neutral	AU$1.47B	-5.90	-41.17%	4.21%	-3.35%	-41.14%
NUAG	39 Underperform	$385.87M	―	-3.21%	―	―	39.36%
PLG	―	$171.24M	―	-14.92%	―	―	―
ABBRF	―	$648.81M	―	-67.76%	―	―	―
GOTRF	―	$270.34M	―	-325.93%	―	―	―
BRVO	55 Neutral	C$354.74M	―	-4.40%	―	―	16.14%

New Pacific Metals Corporate Events

New Pacific Metals Announces Executive Leadership Changes

New Pacific Metals announced executive changes with Andrew Williams stepping down as CEO, and Jalen Yuan, the current CFO, appointed as interim CEO. Chester Xie will serve as interim CFO. This transition is expected to maintain continuity in the company’s operations, especially in Bolivia, as the board conducts a search for a permanent CEO. The leadership change aims to continue delivering value from the company’s assets, reinforcing its strategic positioning in the industry.

New Pacific Metals Outlines 2025 Plans for Bolivian Operations

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.

New Pacific Metals Shows Improved Financial Performance for 2024

New Pacific Metals Corp. reported its financial results for the three and six months ended December 31, 2024, showing a reduced net loss compared to the previous year. The company’s financial performance was impacted by lower operating expenses and increased income from investments and foreign exchange gains, resulting in a net loss of $0.74 million for the three months and $2.00 million for the six months, with a working capital of $17.63 million at the end of the period.