New Pacific Metals (OTCMKTS:NUPMF) Trading Up 0.5% – Still a Buy?

New Pacific Metals Corp. (OTCMKTS:NUPMF) shares were up 0.5% on Monday . The company traded as high as $6.0850 and last traded at $5.88. Approximately 485,231 shares traded hands during mid-day trading, an increase of 228% from the average session volume of 148,061 shares. The stock had previously closed at $5.85.

New Pacific Metals Stock Performance

The company has a fifty day simple moving average of $5.55 and a 200-day simple moving average of $5.01.

New Pacific Metals Company Profile

New Pacific Metals Corp. is a Canadian mineral exploration and development company focused on advancing high-grade silver projects in Latin America. The company’s primary objective is to explore, delineate and develop polymetallic silver deposits, leveraging geological expertise to convert early-stage targets into defined mineral resources. New Pacific Metals is publicly traded on the TSX Venture Exchange and the OTCMKTS under the symbol NUPMF.

The company’s flagship asset is the Silver Sand silver project located in Bolivia’s Potosí Department, where New Pacific holds an 80% interest through a joint-venture agreement.