Raymond James retains an Outperform Rating on New Pacific Metals Corp. (NEWP)

 New Pacific Metals Corp. (NYSE:NEWP) is among the 15 Best Performing Silver Stocks to Buy.

Raymond James retains an Outperform rating on New Pacific Metals Corp. (NEWP)

On January 15, 2026, TheFly reported Raymond James increased New Pacific Metals Corp. (NYSE:NEWP) price objective from C$5.50 to C$6.15 and retained an Outperform rating. The firm’s mining sector update included the price objective increase. In the base metals complex, Raymond James reaffirmed its preference for copper, citing growing medium- to long-term supply shortages.

BMO Capital began covering New Pacific Metals Corp. (NYSE:NEWP) on December 5, 2025, with a C$6 price goal and an Outperform rating. The company has two significant silver development projects in Bolivia that are moving along with the regulatory process, as stated by analyst Kevin O’Halloran. As noted by BMO, a share re-rating may result from allowing progress.

Positive developments at the Silver Sand silver project in Bolivia and the Carangas silver-gold project were reported by the corporation on December 4, 2025. As per the firm, 2025 showed a change to a more proactive strategy for moving both projects closer to production by interacting with regional and federal governments, mining industry associations, and local populations. The newly elected Bolivian administration expressed support for international investment in the mining industry, the business added.

New Pacific Metals Corp. (NYSE:NEWP) is a Canadian mining issuer that explores and develops precious metal deposits in Bolivia.

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Disclosure: None. This article is originally published at Insider Monkey.