
NEWP Stock Forecast & Price Target
NEWP Analyst Ratings
Bulls say
New Pacific Metals is a Canadian Mining Issuer with a positive outlook for its shares due to recent news of a framework agreement with the Carangas Community for its silver and gold project in Bolivia. The company's multiple projects provide diversification, but it also faces risks related to political and operational factors. However, with a sum-of-the-parts valuation of $810.5 million and a current price target of $4.25 per share, this valuation represents a significant upside potential for investors, leading to a buy rating recommendation.
Bears say
New Pacific Metals is currently generating no revenue and has a negative cash flow, and its projects will likely require significant external funding due to the higher political risk in Bolivia, potential capital overruns, and delays in permitting processes. Additionally, the company is exposed to commodity price risk for silver, gold, and base metals, and market risk due to the company's dependence on the performance of the precious metals market. The recent corporate update noted potential delays and challenges at the Silver Sand project, and while Carangas appears to be making good progress, its value has been affected by delays in permitting and community agreements.
This aggregate rating is based on analysts' research of New Pacific Metals Corp and is not a guaranteed prediction by Public.com or investment advice.
NEWP Analyst Forecast & Price Prediction
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