New Pacific Metals Corp.
NEWPNew Pacific Metals Corp. is a mineral exploration and development company focused on the acquisition, exploration, and development of precious and base metal projects in the Americas, particularly in Bolivia. The company aims to advance its flagship Silver Sand project, which hosts a significant silver-rich polymetallic deposit. Founded with an emphasis on sustainable and responsible resource development, New Pacific Metals seeks to leverage its expertise and strategic partnerships to unlock value from its mineral assets.
Company News
Economist Peter Schiff criticizes the disconnect between silver's 35% December surge and silver mining stocks' modest 11% gain, arguing mining stocks should have doubled given their typical leveraged exposure to the metal. Despite silver's historic rally and 154.57% year-to-date gains, major mining stocks and ETFs have significantly underperforme...
Silver has rallied 152% year-to-date, its strongest performance since 1978, driven by industrial demand and a structural supply deficit. The market is experiencing backwardation due to tight physical supplies, with China's export restrictions adding further pressure. Analysts predict prices could test $85-$100 per ounce as deficits widen, benefit...
Silver has surged 112% in 2025, reaching an all-time high above $61 per ounce. Silver miners have become explosive investment opportunities, with some ETFs and mining stocks delivering over 140% returns year-to-date.
New Pacific Metals Corp. announced a bought deal financing of 9.9 million common shares at C$3.55 per share, raising approximately C$35.1 million. Silvercorp Metals will participate by subscribing to 2,776,950 shares, which will represent about 28.05% of outstanding shares.
New Pacific Metals (NEWP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
