New Pacific Metals Reports Fiscal 2026 Second Quarter Results with $41 Million Working Capital

New Pacific Metals Corp. announced its fiscal 2026 second quarter financial results, highlighting a net loss of $1.58 million and a strong working capital position of $41 million, while continuing to advance its Bolivian precious metals projects amid the country's shift toward a market-oriented economy.

SA Metrowire Staff
••Business
New Pacific Metals Reports Fiscal 2026 Second Quarter Results with $41 Million Working Capital

New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) has released its financial results for the fiscal 2026 second quarter and six months ended Dec. 31, 2025, reporting a net loss attributable to equity holders of $1.58 million, or $0.01 per share, for the quarter, compared to a net loss of $0.74 million in the same period last year. For the six-month period, the net loss was $2.33 million, or $0.01 per share, versus $2 million in the prior year.

As of Dec. 31, 2025, the company had working capital of $41 million, providing a solid financial foundation to advance its portfolio of precious metals projects. Operating expenses for the quarter totaled $1.47 million, and $2.79 million for the six-month period, reflecting disciplined cost management.

During the quarter, Bolivia initiated a shift toward a market-oriented economic model, which could have positive implications for mining companies operating in the country. New Pacific capitalized expenditures of $0.67 million at its Silver Sand project, $0.22 million at Carangas, and $0.03 million at Silverstrike, bringing total capitalized project balances to $118.48 million as of Dec. 31, 2025.

The Silver Sand project, located 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 its scale and robust economics. With over a decade of operating experience in Bolivia, New Pacific has earned stakeholder confidence and continues to advance these assets through the permitting stage.

For more details, the full press release is available at https://ibn.fm/Wsi6E. Additional updates and information relating to the company can be found in its newsroom at http://ibn.fm/NEWP.

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