New Pacific Metals (NUAG) Q1 2026 earnings summary

Executive summary

• Closed a bought deal financing on October 21, 2025, raising approximately $28.8 million USD in gross proceeds.

• Appointed Jalen Yuan as CEO and Chester Xie as CFO on October 23, 2025, following interim appointments in April 2025.

Financial highlights

• Net loss attributable to equity holders for Q1 FY2026 was $0.75 million, improved from a net loss of $1.26 million in Q1 FY2025.

• Operating expenses for the quarter were $1.32 million, down from $1.61 million year-over-year.

• Income from investments was $0.11 million, compared to $0.25 million in the prior year.

• Foreign exchange gain was $0.46 million, up from $0.10 million year-over-year.

• Working capital as of September 30, 2025, stood at $14.88 million.

Segment performance

• Silver Sand project capitalized expenditures were $0.51 million for the quarter, nearly flat year-over-year.

• Carangas project capitalized expenditures were $0.17 million, down from $0.36 million year-over-year.

• Silverstrike project capitalized expenditures were $0.02 million, down from $0.03 million year-over-year.