NEW PACIFIC METALS CORP
NEWP · Gold and Silver Ores · EDGAR filings ↗
Grade
C60Pre-revenue Bolivian silver development-stage explorer; well-funded but earning nothing.
Strengths
- Strong liquidity: current/quick ratio 18.4 (91st pct) and cash runway 20 quarters (82nd pct)
- Losses are small relative to peers (ROA -2.8%, 59th pct)
Risks
- No revenue; single-jurisdiction (Bolivia) development assets carry high political and financing risk
- Negative FCF and net income growth -37% (30th pct); dependent on dilution to advance projects
Notable findings
- Restatement RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION Since the beginning of the last fiscal year, the Company has not been required to prepare an accounting restatement that required recovery of erroneo 8-K ↗
- Cash burnNegative free cash flow (-3.3M)
Key metrics
Return on equity
-2.8%
Return on assets
-2.8%
Current ratio
18.4×
Free cash flow
-$3M
Tangible book value
$134M
Cash & investments
$17M
Cash runway
20q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 40-F | 2025-09-15 | 2025-06-30 | 0001104659-25-090086 ↗ |
| 40-F | 2024-09-24 | 2024-06-30 | 0001176256-24-000100 ↗ |
| 40-F | 2023-09-22 | 2023-06-30 | 0001176256-23-000154 ↗ |
| 40-F | 2022-09-28 | 2022-06-30 | 0001176256-22-000266 ↗ |
| 40-F | 2021-09-28 | 2021-06-30 | 0001062993-21-008973 ↗ |