New Pacific Metals (NYSEAMERICAN:NEWP) Reaches New 12-Month High – What’s Next?

Posted by Francis Steltz on Aug 28th, 2026

New Pacific Metals Corp. (NYSEAMERICAN:NEWP – Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $7.08 and last traded at $7.07, with a volume of 638349 shares changing hands. The stock had previously closed at $6.79.

Analyst Ratings Changes

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

Get Our Latest Analysis on New Pacific Metals

New Pacific Metals Stock Performance

The stock has a market cap of $1.37 billion, a price-to-earnings ratio of -370.50 and a beta of 0.95. The company’s 50 day simple moving average is $5.05 and its two-hundred day simple moving average is $4.82.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of NEWP. Barclays PLC acquired a new stake in shares of New Pacific Metals during the 4th quarter valued at about $27,000. Dimensional Fund Advisors LP bought a new stake in New Pacific Metals in the third quarter worth approximately $32,000. Pasadena Private Wealth LLC acquired a new position in shares of New Pacific Metals during the 2nd quarter worth $40,000. Jane Street Group LLC bought a new position in shares of New Pacific Metals during the 2nd quarter valued at $44,000. Finally, Virtu Financial LLC acquired a new stake in shares of New Pacific Metals in the 3rd quarter valued at $50,000. 22.95% of the stock is owned by institutional investors and hedge funds.

About New Pacific Metals

(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.