New Pacific Metals Corp. Shows Financial Resilience

New Pacific Metals Corp (TSE:NUAG) has released an update.

New Pacific Metals Corp. has reported a net loss of $1.27 million for the three months and $4.54 million for the nine months ended March 31, 2024, showing an improvement from the previous year’s losses. Despite increased operating expenses, the company benefited from net income from investments and a foreign exchange gain. As of March 31, 2024, New Pacific’s working capital stood strong at $23.67 million.

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