New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has released its financial results for the fiscal 2026 second quarter, reporting a net loss attributable to equity holders of $1.58 million, or $0.01 per share, for the three months ended Dec. 31, 2025, and $2.33 million, or $0.01 per share, for the six months ended Dec. 31, 2025. These figures compare with a net loss of $0.74 million and $2 million, respectively, in the prior-year periods. Despite the increased loss, the company maintains a robust working capital of $41 million as of Dec. 31, 2025, providing a solid foundation for its ongoing exploration and development activities.
Operating expenses for the quarter and six-month period totaled $1.47 million and $2.79 million, respectively. The company capitalized expenditures of $0.67 million at its Silver Sand project, $0.22 million at Carangas, and $0.03 million at Silverstrike during the quarter, bringing total capitalized project balances to $118.48 million. These investments underscore New Pacific's commitment to advancing its portfolio of precious metals projects in Bolivia.
A significant development during the period was the Bolivian government's initiation of a shift toward a market-oriented economic model. This policy change could have important implications for New Pacific's operations, as the company holds two permitting-stage projects in the country: the Silver Sand project in Potosí, which has the potential to become one of the world's largest silver mines, and the Carangas Silver–Gold Project in Oruro. The company's long-term presence in Bolivia, spanning over a decade, positions it to navigate the evolving regulatory landscape.
New Pacific's financial stability is further evidenced by its working capital, which enables continued investment in its projects without immediate financing pressures. The company's focus remains on advancing Silver Sand and Carangas through the permitting process, with the aim of unlocking their significant resource potential. For more details, the full press release can be accessed at https://ibn.fm/Wsi6E.
Investors seeking additional information can visit the company's newsroom at http://ibn.fm/NEWP. New Pacific Metals Corp. is headquartered in Vancouver, British Columbia, and its shares trade on the NYSE American under the symbol "NEWP" and on the TSX under "NUAG".
