New Pacific Metals Corp. reported financial results for the three and six months ended December 31, 2025, including a net loss of $1.58 million for the quarter and $2.33 million for the six-month period. The company highlighted Bolivia's shift to a market-oriented economic model and its active engagement with the new government regarding its mining projects.
Key takeaways
Net loss for Q2 FY2026 (three months ended Dec 31, 2025) was $1.58 million ($0.01 per share), compared to $0.74 million ($0.00 per share) in the same quarter last year.
Working capital as of December 31, 2025 was $41 million.
Bolivia initiated a shift to a market-oriented economic model in November 2025 following a change in government, with the new administration pledging to modernize mining laws.
Total project expenditures as of December 31, 2025 were $118.48 million across Silver Sand ($91.71 million), Carangas ($21.73 million), and Silverstrike ($5.04 million) projects.
Operating expenses for the three months ended December 31, 2025 were $1.47 million, down from $1.59 million in the same period last year.
Income from investments for the three months ended December 31, 2025 was $0.31 million, up from $0.19 million in the same period last year.