New Pacific Metals (NUAG) Q4 2026 earnings summary

Executive summary

• Signed 30-year Administrative Mining Contracts for Carangas Project, pending Bolivian legislative approval.

• Filed updated Carangas Project PEA, showing robust economics and increased throughput, including gold zone.

• Entered cooperation agreement with Carangas community to support project development.

• Appointed new CEO and CFO, confirming leadership transition.

Financial highlights

• Net loss for the year ended June 30, 2026 was $4.19 million ($0.02/share), compared to $3.76 million ($0.02/share) last year.

• Net loss for the quarter was $0.99 million ($0.01/share), compared to $0.89 million ($0.01/share) in the prior year quarter.

• Working capital as of June 30, 2026 was $37.76 million.

• Operating expenses for the year were $5.95 million, nearly flat year-over-year.

• Income from investments rose to $1.01 million for the year, up from $0.79 million year-over-year.

Outlook and guidance

• Updated Carangas PEA projects a post-tax NPV (5%) of $2.65 billion and IRR of 35.9% at base case prices.

• Life of mine estimated at 19 years, producing 195 Moz silver, 1.1 Moz gold, 1,453 Mlbs zinc, and 941 Mlbs lead.

• Initial capital costs projected at $644.5 million with a post-tax payback of 2.4 years.