New Pacific Metals Stock Today
| NEWP Stock | USD 2.04 0.05 2.51% |
Performance15 of 100
| Odds Of DistressLess than 25
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New Pacific is selling at 2.04 as of the 8th of May 2024; that is 2.51 percent increase since the beginning of the trading day. The stock's last reported lowest price was 1.97. New Pacific has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for New Pacific Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of March 2024 and ending today, the 8th of May 2024. Click here to learn more.
Business Domain Technology Hardware & Equipment | IPO Date 30th of October 2017 | Category Basic Materials | Classification Information Technology |
New Pacific Metals Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Bolivia. New Pacific Metals Corp. was incorporated in 2003 and is headquartered in Vancouver, Canada. New Pacific operates under Other Precious Metals Mining classification in the United States and is traded on AMEX Exchange.. The company has 171.21 M outstanding shares of which 906.1 K shares are now shorted by private and institutional investors with about 1.79 trading days to cover. More on New Pacific Metals
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Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
New Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. New Pacific's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New Pacific or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Mark Cruise | |||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Precious Metals (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electronic Equipment, Instruments & Components, Technology Hardware & Equipment, Information Technology, NASDAQ Composite Total, Precious Metals, Information Technology, Electronic Equipment, Instruments & Components, Other Precious Metals & Mining, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering New Pacific report their recommendations after researching New Pacific's financial statements, talking to executives and customers, or listening in on New Pacific's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering New Pacific Metals. The New consensus assessment is calculated by taking the average forecast from all of the analysts covering New Pacific. | ||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from New Pacific's historical financial statements, New Pacific Metals is not in a good financial situation at this time. It has a very high probability of going through financial hardship in June. Financial strength of New Pacific Metals is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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New Pacific's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to New Pacific's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand New Pacific's financial leverage. It provides some insight into what part of New Pacific's total assets is financed by creditors.
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New Pacific Metals (NEWP) is traded on NYSE MKT Exchange in USA. It is located in 1066 West Hastings Street, Vancouver, BC, Canada, V6E 3X1 and employs 16 people. New Pacific is listed under Electronic Equipment, Instruments & Components category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 338.97 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Pacific's market, we take the total number of its shares issued and multiply it by New Pacific's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. New Pacific Metals conducts business under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 171.21 M outstanding shares of which 906.1 K shares are now shorted by private and institutional investors with about 1.79 trading days to cover.
New Pacific Metals currently holds about 29.99 M in cash with (4.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check New Pacific Probability Of Bankruptcy
Ownership AllocationNew Pacific Metals holds a total of 171.21 Million outstanding shares. New Pacific Metals holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check New Ownership Details
New Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of New Pacific jumping above the current price in 90 days from now is about 6.52%. The New Pacific Metals probability density function shows the probability of New Pacific stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days New Pacific Metals has a beta of -1.0833. This indicates Additionally, new Pacific Metals has an alpha of 0.9538, implying that it can generate a 0.95 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of New Pacific to move above the current price in 90 days from now is about 6.52 (This New Pacific Metals probability density function shows the probability of New Stock to fall within a particular range of prices over 90 days) .
New Pacific Historical Income Statement
New Pacific Metals Income Statement is one of the three primary financial statements used for reporting New's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of New Pacific Metals revenue and expense. New Pacific Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, New Pacific's Depreciation And Amortization is relatively stable compared to the past year. As of 05/08/2024, Other Operating Expenses is likely to grow to about 10 M, though Gross Profit is likely to grow to (198.7 K). View More FundamentalsNew Stock Against Markets
Picking the right benchmark for New Pacific stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in New Pacific stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for New Pacific is critical whether you are bullish or bearish towards New Pacific Metals at a given time. Please also check how New Pacific's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in New Pacific without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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New Pacific Corporate Management
Elected by the shareholders, the New Pacific's board of directors comprises two types of representatives: New Pacific inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Pacific's management team and ensure that shareholders' interests are well served. New Pacific's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, New Pacific's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Svetoslava Pavlova | Vice President - Investor Relations and Corporate Communications | Profile | |
| Thomas Hawkins | Independent Director | Profile | |
| YongJae Kim | General Counsel, Corporate Secretary | Profile | |
| Jack Austin | Independent Chairman of the Board | Profile | |
| Xiangdong Jiang | Vice Development | Profile | |
| Martin Wafforn | Independent Director | Profile |
How to buy New Stock?
Before investing in New Pacific, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in New Pacific. To buy New Pacific stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of New Pacific. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase New Pacific stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located New Pacific Metals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased New Pacific Metals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as New Pacific Metals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy New Stock please use our How to Invest in New Pacific guide.
Already Invested in New Pacific Metals?
The danger of trading New Pacific Metals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of New Pacific is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than New Pacific. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile New Pacific Metals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether New Pacific Metals is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Pacific Metals Stock. Highlighted below are key reports to facilitate an investment decision about New Pacific Metals Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in New Pacific Metals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for New Stock analysis
When running New Pacific's price analysis, check to measure New Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Pacific is operating at the current time. Most of New Pacific's value examination focuses on studying past and present price action to predict the probability of New Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move New Pacific's price. Additionally, you may evaluate how the addition of New Pacific to your portfolios can decrease your overall portfolio volatility.
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is New Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Pacific. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 0.012 | Return On Assets (0.03) | Return On Equity (0.06) |
The market value of New Pacific Metals is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Pacific's value that differs from its market value or its book value, called intrinsic value, which is New Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Pacific's market value can be influenced by many factors that don't directly affect New Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.