New Pacific Metals Corp. (3N7A)
Summary
3N7A Chart
New Pacific Metals: 47% Insider Ownership And $4 Billion Of Silver
New Pacific Metals is rated a cautious Buy, with asset value at spot silver multiples above its current market cap. Silver Sand and Carangas projects could deliver over 18 million ounces of annual silver production, with Carangas offering significant silver-to-gold optionality. NEWP trades at roughly 25% of spot NPV, with a tight cap table and strategic insider ownership supporting potential takeout optionality.
Are Basic Materials Stocks Lagging New Pacific Metals (NEWP) This Year?
Here is how New Pacific Metals Corp. (NEWP) and NWPX Infrastructure (NWPX) have performed compared to their sector so far this year.
New Pacific Metals Stimulated As Illegal Mining Stopped In Bolivia, And Record Silver Prices
New Pacific Metals Corp. (NEWP) is upgraded to Buy (from previous Hold rating), reflecting strong project progress, robust silver prices, and renewed financial certainty. NEWP's Bolivian Silver Sand and Carangas projects are advancing, backed by recent C$40.42M equity financing and strategic investments from Silvercorp and Pan American. At current silver prices, Silver Sand and Carangas projects show NPVs per share of $16.37–$20.35 and $10.43–$12.90, respectively, versus NEWP's $2.84 share price.
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New Pacific Metals Corp. Profile
| Metals & Mining Industry | Materials Sector | Jalen Yuan CEO | XFRA Exchange | CA64782A1075 ISIN |
| CA Country | 32 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
New Pacific Metals Corp. is a Canadian-based company engaged in the exploration and development of mineral properties primarily in Bolivia and Canada. The company focuses on discovering and developing precious metal deposits, with a strong emphasis on silver, gold, lead, and zinc. New Pacific Metals Corp.'s main objective is to explore and develop the Silver Sand property in Bolivia, which is its flagship project. Additionally, it expands its exploration activities to other properties such as Silverstrike and Carangas, also located in Bolivia. Initially known as New Pacific Holdings Corp., the company rebranded to New Pacific Metals Corp. in July 2017, reflecting its focused commitment towards metal mining and exploration. With its headquarters in Vancouver, Canada, New Pacific Metals Corp. is strategically positioned in one of the world’s leading mining regions, providing a solid base for its operations and growth.
Products and Services
- Silver Exploration and Development
- Gold Exploration
- Lead and Zinc Exploration
- Other Properties
The company's primary focus is on the exploration and development of silver deposits, primarily through its flagship Silver Sand property in the Potosí Department, Bolivia. This property spans an area of 5.42 square kilometers and represents a significant part of the company’s exploration endeavors for high-grade silver deposits.
Alongside silver, New Pacific Metals Corp. actively explores for gold deposits within its property portfolio. Gold exploration is conducted both as a primary target and in conjunction with silver exploration projects, leveraging the geological potential of its holdings in Bolivia.
In addition to precious metals, the company engages in the exploration of base metals such as lead and zinc. These activities are integral to New Pacific Metals Corp.'s diverse exploration strategy, aiming to capitalize on the comprehensive value of its mineral properties.
Beyond its flagship Silver Sand property, New Pacific Metals Corp. owns and operates several other exploration properties in Bolivia, including Silverstrike, located southwest of La Paz, and Carangas, situated along La Ruta de la Plata. These properties are explored for their potential to host silver, gold, lead, and zinc deposits, contributing to the company's diversified portfolio of exploration projects.
