New Pacific Metals (NYSEAMERICAN:NEWP) Trading Down 9.2% – What’s Next?

Posted by Brenda Bartman on Jul 7th, 2026

New Pacific Metals Corp. (NYSEAMERICAN:NEWP – Get Free Report) fell 9.2% during mid-day trading on Tuesday . The stock traded as low as $3.92 and last traded at $3.9050. 319,464 shares traded hands during trading, a decline of 70% from the average session volume of 1,060,813 shares. The stock had previously closed at $4.30.

Analyst Ratings Changes

Separately, Roth Capital reaffirmed a “buy” rating and issued a $7.25 target price on shares of New Pacific Metals in a research report on Monday, May 18th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, New Pacific Metals has a consensus rating of “Buy” and an average price target of $7.25.

Get Our Latest Research Report on New Pacific Metals

New Pacific Metals Price Performance

The business’s 50-day simple moving average is $4.79 and its two-hundred day simple moving average is $4.38. The stock has a market capitalization of $711.83 million, a price-to-earnings ratio of -191.75 and a beta of 0.95.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of New Pacific Metals by 10.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,381,595 shares of the scientific and technical instruments company’s stock worth $2,615,000 after buying an additional 225,931 shares during the period. Goldman Sachs Group Inc. boosted its holdings in New Pacific Metals by 28.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 270,081 shares of the scientific and technical instruments company’s stock worth $298,000 after acquiring an additional 60,014 shares during the period. Jane Street Group LLC acquired a new stake in New Pacific Metals in the second quarter valued at approximately $44,000. Bank of America Corp DE grew its position in New Pacific Metals by 33.9% in the second quarter. Bank of America Corp DE now owns 64,041 shares of the scientific and technical instruments company’s stock valued at $86,000 after acquiring an additional 16,213 shares in the last quarter. Finally, Dimensional Fund Advisors LP purchased a new stake in shares of New Pacific Metals during the third quarter valued at approximately $32,000. Institutional investors and hedge funds own 22.95% of the company’s stock.

New Pacific Metals Company Profile

(Get Free Report)

New Pacific Metals Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Bolivia and Canada. The company explores for silver, gold, lead, and zinc deposits. Its flagship property is the Silver Sand property covering an area of 5.42 square kilometers located in the PotosÃ Department, Bolivia. 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.