New Pacific Metals Reports Fiscal 2026 Q3 Financial Results, Maintains Strong Working Capital

New Pacific Metals Corp. reported a net loss of $0.87 million for the third quarter of fiscal 2026, while maintaining a strong working capital position of $39.28 million and advancing its Carangas Silver-Gold project with a community framework agreement.

Bay Area Metrowire Staff
Business
New Pacific Metals Reports Fiscal 2026 Q3 Financial Results, Maintains Strong Working Capital

New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) reported a net loss attributable to equity holders of $0.87 million for the three months ended March 31, 2026, compared with $0.86 million in the prior-year period. The company maintained a strong working capital position of $39.28 million as of quarter-end, underscoring its financial stability as it advances its precious metals projects in Bolivia.

During the quarter, the company highlighted a framework agreement signed with the Carangas community in February, supporting long-term cooperation on the Carangas Silver-Gold project. This agreement represents a key milestone in the project's development, strengthening community relations and paving the way for continued progress. New Pacific continued to invest across its project portfolio, with total mineral property balances reaching $119.48 million.

New Pacific is a Canadian exploration and development company advancing two permitting-stage precious metals projects in Bolivia. The Silver Sand project in Potosí has the potential to become one of the world’s largest silver mines, while the Carangas Silver-Gold Project in Oruro strengthens the company’s portfolio through scale, robust economics, and regional exploration potential. With over a decade of operating experience in Bolivia, New Pacific has earned the confidence of its stakeholders and shareholders. The company is headquartered in Vancouver, British Columbia, and its shares trade on the NYSE American under the symbol "NEWP" and on the TSX under "NUAG".

Investors seeking the latest news and updates relating to NEWP can access the company’s newsroom at http://ibn.fm/NEWP. The company's financial discipline and project advancement are critical as it moves toward development-stage milestones.

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