New Pacific Metals (NYSEAMERICAN:NEWP) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Posted by Geri Gentry on Jun 7th, 2026

Shares of New Pacific Metals Corp. (NYSEAMERICAN:NEWP – Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.14 and traded as high as $4.67. New Pacific Metals shares last traded at $4.24, with a volume of 1,077,508 shares trading hands.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NEWP. Roth Mkm restated a “buy” rating and set a $7.25 price target on shares of New Pacific Metals in a report on Monday, May 18th. ATB Cormark Capital Markets initiated coverage on New Pacific Metals in a report on Friday, February 20th. They issued a “moderate buy” rating on the stock. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $7.25.

Get Our Latest Stock Analysis on New Pacific Metals

New Pacific Metals Trading Down 11.5%

The firm has a market cap of $783.34 million, a PE ratio of -212.00 and a beta of 0.90. The stock has a fifty day simple moving average of $4.99 and a two-hundred day simple moving average of $4.14.

Hedge Funds Weigh In On New Pacific Metals

A number of hedge funds and other institutional investors have recently made changes to their positions in NEWP. Barclays PLC bought a new position in New Pacific Metals in the fourth quarter worth $27,000. Dimensional Fund Advisors LP purchased a new stake in shares of New Pacific Metals during the third quarter valued at $32,000. Jane Street Group LLC purchased a new stake in shares of New Pacific Metals during the second quarter valued at $44,000. Virtu Financial LLC purchased a new stake in shares of New Pacific Metals during the third quarter valued at $50,000. Finally, J.W. Cole Advisors Inc. purchased a new position in New Pacific Metals in the fourth quarter worth about $53,000. Institutional investors 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.