How to Buy New Pacific Metals Stock
New Pacific Metals Corp
New Pacific Metals is a precious metal company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker NEWP on the NYSEMKT exchange.
New Pacific Metals stock last closed at $1.49, down 2.61% from the previous day, and has decreased 4.49% in one year. It has underperformed other stocks in the Other Precious Metals & Mining industry by 0.26 percentage points. New Pacific Metals stock is currently +71.26% from its 52-week low of $0.87, and -41.06% from its 52-week high of $2.53.
There are currently 171.3M shares of NEWP outstanding. The market cap of NEWP is $255.24M. In the past 24 hours, 146,045 NEWP shares were traded.
How to Buy New Pacific Metals Stock
Wondering how to invest in New Pacific Metals stock? Here's how.
- Decide where to buy New Pacific Metals stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy New Pacific Metals stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Select your payment method and add your information.
- Analyze New Pacific Metals stock: The New Pacific Metals ticker symbol is NEWP. Is New Pacific Metals stock a good investment? Should you buy shares of NEWP? How do NEWP's underlying business fundamentals look? Do top analysts think New Pacific Metals is a good buy? Why has NEWP's stock price moved recently? (Hint: Our stock analysis website can help you decide if NEWP is a good stock to buy).
- Make your NEWP purchase: Decide if you will purchase NEWP shares at the current market price or use a limit order to buy NEWP shares at a particular price.
- Get the latest news on your NEWP investment: Create a watchlist to important updates regarding your position in New Pacific Metals stock.
Step 1: Decide where to buy New Pacific Metals stock
You need an online brokerage account to access the NYSEMKT market and buy NEWP shares.
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in NEWP today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you've opened your account on our top ranked stock trading app, you need to deposit funds:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Analyze New Pacific Metals stock
After you have figured out the best place to buy New Pacific Metals stock, it's important to analyze their stock before you invest, so you truly wrap your head around the risk and upside.
New Pacific Metals Numbers
New Pacific Metals Zen Score
WallStreetZen was created to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on NEWP's stock page.
Is NEWP stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge NEWP's true value.
Using relative valuations metrics:
- NEWP could be overvalued based on its P/B ratio of 2.54x, relative to Other Precious Metals & Mining industry P/B ratio of 1.8x
You can access more valuation analysis on NEWP's stock here.
Is NEWP a healthy company?
Passed Health Checks:
- NEWP has $16.33M in cash and short term investments. This is sufficient to cover its annual cash burn of $6.53M.
- Total NEWP debt is lower than 5 years ago, relative to shareholder equity.
- NEWP has a low debt to equity ratio of 0.01.
- There are more short-term assets than short-term liabilities on the NEWP balance sheet.
- There are more short-term assets than long-term liabilities on the NEWP balance sheet.
- NEWP has cash burn of 6534827. It has enough cash and short-term investments to cover this for at least one year.
Is it a good time to buy NEWP stock, according to Wall Street analysts?
Out of 1 sell side analysts who give forecasts on NEWP, the consensus analyst rating on NEWP is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the New Pacific Metals stock forecast page.
NEWP Trading Indicators
Latest Insiders Trades at NEWP
Over the last year, insiders at NEWP have not bought or sold any shares.
Dig into more about who owns NEWP stock here.
Does NEWP stock generate passive income?
No, New Pacific Metals doesn't provide an income stream by paying out dividends.
What do other traders have to say about NEWP?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your NEWP purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Press the Open Trade button and your broker will execute your order.
If you need more assistance buying stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your NEWP investment
Now that you own some NEWP shares, you'll want to stay up-to-date on your investment.
Put NEWP on a watchlist to keep tabs on your NEWP stock.
NEWP Feed
How to Buy Stock in New Pacific Metals
To reiterate, here are the 6 steps to buy New Pacific Metals stock:
- Decide where to buy New Pacific Metals stock
- Create your brokerage account
- Deposit money your investment account
- Analyze New Pacific Metals stock
- Make your NEWP purchase
- Get the latest news on your NEWP investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep track of your investment in New Pacific Metals, create a watchlist today.
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