To The Moon

In the past five days, $New Pacific Metals Corp.(NEWP)$ 's share price has risen by 22.18%.

US stocks turned sharply lower on Friday, with the Nasdaq leading the way lower amid a broader rotation from tech to value names.

The $NASDAQ(.IXIC)$ fell 1.6%, continuing a tech slump. The $S&P 500(.SPX)$ dropped roughly 1%, one day after surging above the 6,900 level for the first time. The $Dow Jones(.DJI)$ , which includes fewer tech stocks, slipped 0.5%.

The best-performing concepts is Silver Concept. Considering the different perceptions of the stock, this time TigerPicks chose $New Pacific Metals Corp.(NEWP)$ to have a fundamental highlight to help users understand it better.

In the past five days, $New Pacific Metals Corp.(NEWP)$ 's share price has risen by 22.18%.

$New Pacific Metals Corp.(NEWP)$

New Pacific is a Canadian company planning significant and profitable production of saleable silver ounces from two large open-pit mines in Bolivia: the Silver Sand Project (100% owned) , Silverstrike Project (100%) and the Carangas Project (98%).

NEWP Bolsters Bolivia Silver Strategy With Strategic Financing

New Pacific Metals strengthened its financial position with a C$40.4 million equity financing completed in October 2025, supported by strategic investments from Silvercorp Metals and Pan American Silver. The backing of two leading global silver producers adds credibility to the company’s long-term development plans in Bolivia.

The proceeds will be used to advance exploration, permitting, and project development at the Silver Sand and Carangas projects, in which the company holds 100% and 98% interests, respectively. Silver Sand has reached the prefeasibility stage and accounts for the majority of historical exploration spending, while Carangas remains earlier-stage under a preliminary economic assessment.

At Silver Sand, a key regulatory overhang has been removed after illegal mining activities were halted in 2025, allowing environmental and permitting work to resume following a court-ordered protection. This regulatory clarity improves visibility toward future feasibility studies.

With a debt-free balance sheet, strengthened cash position, and renewed momentum on permitting, New Pacific Metals is better positioned to advance its Bolivian assets, although significant additional capital will be required before either project can move into production.

NEWP New Pacific Metals Corp.'s Market Value

At the time of this writing, shares of New Pacific Metals Corp., which trade on the NYSE under the symbol “NEWP”, were trading at $3.10 per share, representing a market capitalisation of $493.28 million.

Technical Analysis

NEWP is trading 53.1% above its 52-week average price of $2.03, within a range of $0.93–$3.12. While the 20-day moving average slipped below the 50-day last month amid softer sentiment toward precious metals, that weakness now appears temporary. Gold’s post-October correction weighed on the sector, but silver’s recent strength has begun to reverse the trend.

Over the past month, silver prices have surged nearly 25%, pulling the 20-day average higher. NEWP has since reclaimed its 50-day moving average, confirming a renewed short-term uptrend that builds on the earlier breakout above the 200-day moving average.

Although the RSI at 65.7 is approaching overbought territory, similar conditions in recent months supported further upside rather than a reversal. Combined with the ongoing deployment of equity financing to advance the Silver Sand and Carangas projects, the improving technical setup continues to support a constructive outlook for NEWP shares.

Valuation

The Silver Sand project’s 13-year mine life produces an estimated average annual metal production of over 12 million ounces of silver in a high-margin operating scenario at an average LOM all-in sustaining cost ("AISC") of $10.69/oz silver. Regarding the economics of this project, this is what New Pacific Metals illustrates on its website:

Silver has surged to $61.48/oz YTD (+111.5%), outpacing gold, which is up 60.6% to $4,206.57/oz. The current silver-to-gold ratio of 68.4—well below the historical average of ~82—highlights silver’s exceptional momentum.

Analysts cite geopolitical tensions, central bank demand, industrial use, and expectations of U.S. interest rate cuts as key drivers. Robust industrial demand, especially from AI-driven data centers, adds to the upside, with The Silver Institute warning of a potential fifth market deficit. If gold reaches $5,000/oz by 2026, silver could hit $73/oz, implying strong future gains.

At $61.48/oz, NEWP’s NPV is ≈ $3.22 billion, or $17.54/share. If silver reaches $73/oz, NPV rises to ≈ $3.99 billion ($21.70/share).

The Carangas Project, with a 16.2-year mine life, is expected to produce 6.6M oz silver, 17 kt zinc, and 11 kt lead at an all-in sustaining cost of $7.60/oz net of by-products, supporting robust project economics for New Pacific Metals.

Therefore, at a silver price of US$61.48/ounce, the NPV is approximately US$2.05 billion, or US$11.15 per share, and at a silver price of US$73/ounce, the NPV is approximately US$2.52 billion, or US$13.71 per share.

The Risk Section

New Pacific Metals’ Bolivian projects carry high operational and market risk, including potential volatility in silver prices and mining setbacks. Key issues, like illegal mining at Silver Sand, have been resolved, allowing projects to proceed.

The stock is low-liquidity, which can amplify both gains and losses. Financially, NEWP is well-positioned with $45.4 million in cash and financing, sufficient for 5–6 years of operations and exploration, though accelerated project development could require additional funding sooner. Overall, while risks remain, the company has a solid financial cushion to support its Bolivian silver projects.

Conclusion

The growth in NEWP's share price seems to have solid ground underneath, as the buy thesis is shared by continued capital injections from Silvercorp and Pan American, which are growing their stakes in NEWP, and by the unprecedented action of the silver price, which is also enhancing the economic indicators of these projects in Bolivia.

Stock Price Forecast:

Here are the target price forecasts for the next 12 months from analysts.

Based on 2 Wall Street analysts offering 12 month price targets for New Pacific Metals in the last 3 months. The average price target is $4.30 with a high forecast of $4.35 and a low forecast of $4.25. The average price target represents a 23.92% change from the last price of $3.47.

Resource:

https://seekingalpha.com/article/4851956-new-pacific-metals-stimulated-as-illegal-mining-stopped-in-bolivia-and-record-silver-prices

For SG users only, Welcome to open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with unlimited trading on SG, HK, and US stocks, as well as ETFs.

🎉Cash Boost Account Now Supports 35,000+ Stocks & ETFs – Greater Flexibility Now

Find out more here.

Complete your first Cash Boost Account trade with a trade amount of ≥ SGD1000* to get SGD 688 stock vouchers*! The trade can be executed using any payment type available under the Cash Boost Account: Cash, CPF, SRS, or CDP.

Click to access the activity

Other helpful links:

• 💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉

• How to open a CBA. How to link your CDP account. Other FAQs on CBA. Cash Boost Account Website.