On Friday, New Pacific Metals Corp (AMEX: NEWP) opened higher 2.94% from the last session, before settling in for the closing price of $1.7. Price fluctuations for NEWP have ranged from $0.93 to $2.05 over the past 52 weeks.
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During the last 5-year period, the sales drop of Basic Materials Sector giant was -21.25%. Company’s average yearly earnings per share was noted 63.91% at the time writing. With a float of $90.46 million, this company’s outstanding shares have now reached $171.78 million.
New Pacific Metals Corp (NEWP) Insider Activity
A key investor’s attitude towards the stock of the Other Precious Metals & Mining industry is another important factor to consider. The insider ownership of New Pacific Metals Corp is 47.25%, while institutional ownership is 16.93%.
New Pacific Metals Corp (NEWP) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.01 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.01) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 63.91% per share during the next fiscal year.
New Pacific Metals Corp (AMEX: NEWP) Trading Performance Indicators
Check out the current performance indicators for New Pacific Metals Corp (NEWP). In the past quarter, the stock posted a quick ratio of 23.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit 0.00 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of New Pacific Metals Corp (NEWP)
Looking closely at New Pacific Metals Corp (AMEX: NEWP), its last 5-days average volume was 0.34 million, which is a jump from its year-to-date volume of 0.26 million. As of the previous 9 days, the stock’s Stochastic %D was 79.26%.
During the past 100 days, New Pacific Metals Corp’s (NEWP) raw stochastic average was set at 89.54%, which indicates a significant increase from 80.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0907 in the past 14 days, which was higher than the 0.0854 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5834, while its 200-day Moving Average is $1.3527. However, in the short run, New Pacific Metals Corp’s stock first resistance to watch stands at $1.7867. Second resistance stands at $1.8233. The third major resistance level sits at $1.8867. If the price goes on to break the first support level at $1.6867, it is likely to go to the next support level at $1.6233. Should the price break the second support level, the third support level stands at $1.5867.
New Pacific Metals Corp (AMEX: NEWP) Key Stats
There are currently 171,988K shares outstanding in the company with a market cap of 300.12 million. Presently, the company’s annual sales total 0 K according to its annual income of -6,020 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -860 K.
