Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | -0.00% |
About
New Pacific Metals Corp., along with its affiliated entities, focuses on the exploration and advancement of geological assets throughout Bolivia and Canada. The company primarily seeks out occurrences of silver, gold, lead, and zinc. Its most significant holding is the Silver Sand property, a site encompassing 5.42 square kilometers within Bolivia's Potosí Department. Additionally, New Pacific Metals possesses the Silverstrike property, situated southwest of La Paz, Bolivia, and the Carangas property, which is located on La Ruta de la Plata. The company was formerly known as New Pacific Holdings Corp. before officially changing its name to New Pacific Metals Corp. in July 2017. Its corporate headquarters are based in Vancouver, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.
Target Price
The average target price of NEWP is 8.59 and suggests 34.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr