During the last session, New Pacific Metals Corp (AMEX:NEWP)’s traded shares were 0.36 million, with the beta value of the company hitting 0.92. At the end of the trading day, the stock’s price was $1.18, reflecting an intraday loss of -2.48% or -$0.03. The 52-week high for the NEWP share is $2.53, that puts it down -114.41 from that peak though still a striking 26.27% gain since the share price plummeted to a 52-week low of $0.87. The company’s market capitalization is $202.37M, and the average intraday trading volume over the past 10 days was 0.18 million shares, and the average trade volume was 222.30K shares over the past three months.
New Pacific Metals Corp (AMEX:NEWP) trade information
New Pacific Metals Corp (NEWP) registered a -2.48% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.48% in intraday trading to $1.18, hitting a weekly high. The stock’s 5-day price performance is 0.85%, and it has moved by -1.67% in 30 days. Based on these gigs, the overall price performance for the year is 8.26%. The short interest in New Pacific Metals Corp (AMEX:NEWP) is 0.81 million shares and it means that shorts have 3.84 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.4, which implies an increase of 65.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.4 and $3.4 respectively. As a result, NEWP is trading at a discount of -188.14% off the target high and -188.14% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -21.25%.
NEWP Dividends
New Pacific Metals Corp is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
New Pacific Metals Corp (AMEX:NEWP)’s Major holders
New Pacific Metals Corp insiders own 46.29% of total outstanding shares while institutional holders control 16.29%, with the float percentage being 30.34%. JUPITER ASSET MANAGEMENT LTD is the largest shareholder of the company, while 68.0 institutions own stock in it. As of 2024-06-30, the company held over 10.69 million shares (or 6.2451% of all shares), a total value of $16.1 million in shares.
The next largest institutional holding, with 2.53 million shares, is of MIRAE ASSET GLOBAL ETFS HOLDINGS LTD.’s that is approximately 1.4775% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.81 million.
Also, the Mutual Funds coming in first place with the largest holdings of New Pacific Metals Corp (NEWP) shares are Global X Fds-Global X Silver Miners ETF and Sprott Energy Transition Materials ETF . Data provided on Nov 30, 2024 indicates that Global X Fds-Global X Silver Miners ETF owns about 1.97 shares. This amounts to just over 1.15 percent of the company’s overall shares, with a $2.33 million market value. The same data shows that the other fund manager holds slightly less at 23.95, or about 0.01% of the stock, which is worth about $28255.0.
