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New Pacific Metals shares fall after wider-than-expected loss

New Pacific Metals shares fell after the company reported a most recent-quarter loss wider than analyst expectations. The stock was down 4.5% to $6.40 on Friday.

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Shares of New Pacific Metals fell after the company’s loss in the latest quarter came in wider than analysts expected. The stock was down 4.5% to $6.40 on Friday and is up 82% this year. The Canadian exploration and development company said on Thursday it reported a net loss in the quarter.

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