Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
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.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of NEWP is 6.0 and suggests 12% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation s