New Pacific Metals (NUAG) Q1 2027 earnings summary

Executive summary

• Q1 FY27 net loss attributable to equity holders was $1.42 million; Carangas advanced with signed mining contracts pending legislative approval and an updated preliminary PEA.

Financial highlights

• Net loss was $1.42 million, or $0.01 per share, versus $0.75 million, or $0.00 per share, in Q1 FY26.

• Operating expenses were $1.44 million versus $1.32 million YoY; investment income was $0.32 million versus $0.11 million.

• Foreign exchange loss was $0.29 million versus a $0.46 million gain in Q1 FY26; working capital was $35.94 million at September 30, 2026.

Outlook and guidance

• Updated Carangas PEA outlines a 19-year mine life, excluding two years of pre-production, and payable production of 195 Moz Ag, 1.1 Moz Au, 1,453 Mlb Zn and 941 Mlb Pb, totaling 339.0 Moz AgEq.

• PEA estimates initial capital costs of $644.5 million and post-tax payback of 2.4 years.