New Pacific Metals (TSE:NUAG) has released an update.
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New Pacific Metals has announced a positive Preliminary Economic Assessment for its Carangas project, highlighting a post-tax net present value of $501 million and the potential creation of 500 jobs. Despite a net loss of $1.26 million for the quarter, the company’s financial results showed improved investment income compared to the previous year.
For further insights into TSE:NUAG stock, check out TipRanks’ Stock Analysis page.