The 36-month beta value for NEWP is also noteworthy at 1.00. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for NEWP is 91.95M, and at present, short sellers hold a 1.06% of that float. The average trading volume of NEWP on January 31, 2025 was 246.71K shares.
NEWP) stock’s latest price update
New Pacific Metals Corp (AMEX: NEWP)’s stock price has soared by 7.63 in relation to previous closing price of 1.18. Nevertheless, the company has seen a gain of 4.96% in its stock price over the last five trading days. prnewswire.com reported 2024-11-29 that VANCOUVER, BC, Nov. 29, 2024 /PRNewswire/ – New Pacific Metals Corp. (“New Pacific” or the “Company”) (TSX: NUAG) (NYSE American: NEWP) today reported that all matters submitted for approval at New Pacific’s annual meeting of shareholders (“AGM”) held today as set out in the Company’s Notice of Meeting and Management Information Circular, both dated October 23, 2024, were approved by the requisite majority of votes cast at the AGM. A total of 130,978,159 common shares, representing 76.37% of the votes attached to all outstanding shares as at the record date for the meeting, were represented at the AGM.
NEWP’s Market Performance
NEWP’s stock has risen by 4.96% in the past week, with a monthly rise of 4.96% and a quarterly drop of -33.33%. The volatility ratio for the week is 5.39% while the volatility levels for the last 30 days are 5.49% for New Pacific Metals Corp The simple moving average for the past 20 days is 5.37% for NEWP’s stock, with a -20.03% simple moving average for the past 200 days.
NEWP Trading at -6.49% from the 50-Day Moving Average
After a stumble in the market that brought NEWP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -49.76% of loss for the given period.
Volatility was left at 5.49%, however, over the last 30 days, the volatility rate increased by 5.39%, as shares surge +5.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.33% lower at present.
During the last 5 trading sessions, NEWP rose by +4.96%, which changed the moving average for the period of 200-days by -30.98% in comparison to the 20-day moving average, which settled at $1.2053. In addition, New Pacific Metals Corp saw 7.63% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NEWP
The total capital return value is set at -0.04. Equity return is now at value -4.01, with -3.96 for asset returns.
Currently, EBITDA for the company is -5.76 million with net debt to EBITDA at 3.12. The liquidity ratio also appears to be rather interesting for investors as it stands at 16.21.
Conclusion
In summary, New Pacific Metals Corp (NEWP) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
