Neo Performance Materials Inc. (T:NEO)
Business Focus: Nonferrous Metal Processing
Mixed as of January 01, 2025
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Insider Filings
Latest 10 SEDI filings for NEO within the last 6 months
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Company News
Dec 31, 2024 15:00 ET
Neo Announces the Completion of the Sale of its Quapaw, Oklahoma Rare Metals Facility
TORONTO, Dec. 31, 2024 /CNW/ - Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) announced today that it has completed the sale of its equity ownership interest (the "Transaction") in Neo Rare Metals (Oklahoma), LLC ("Quapaw") to Kevin Reading, the current General Manager and co-founder of the facility (the "Purchaser").
Dec 23, 2024 06:00 ET
Neo Provides Update on the Sale of its Majority Equity Interest in China Rare Earth Separation Assets
TORONTO, Dec. 23, 2024 /CNW/ - Neo Performance Materials Inc. ("Neo") (TSX: NEO) announced today that the closing of the sale of its (i) 86% equity interest in Jiangyin Jiahua Advanced Material Resources Co., Ltd. ("JAMR") to Shenghe Resources Holding Co., Ltd ("Shenghe") for approximately USD$25.6 million cash; and (ii) 100% of the equity in Zibo Jiahua Advanced Material Resources Co., Ltd. ("ZAMR") to Shenghe for approximately USD$4.1 million cash (collectively, the "Transactions") is now expected to occur in Q1 2025, as opposed to Q4 2024 as was anticipated at the time the Transactions we
Valuation Ratios
Industry
Sector
Beta
1.37
--
--
Price to Sales - TTM
0.48
0.98
5.13
Price to Book - most recent quarter
0.53
1.04
2.10
Price to Cash Flow per share - TTM
14.42
9.23
9.99
Price to Free Cash Flow per share - TTM
--
1.33
15.93
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Dec 31, 2024 | 228,258 | 189 |
| Dec 15, 2024 | 228,069 | 17,297 |
| Nov 30, 2024 | 210,772 | -1,710 |
Business Summary
| Sector: Basic Materials | Industry: Specialty Mining & Metals |
Neo Performance Materials Inc. is a Canada-based company, which is engaged in the green energy transition by manufacturing the building blocks of many technologies that enhance sustainability. The Company's segments include Magnequench, Chemicals and Oxides (C&O), Rare Metals and Corporate. The Magnequench segment manufactures bonded neodymium-iron-boron (NdFeB or neo) powders and bonded permanent magnets. This segment produces bonded magnets (Magnequench Magnets) made from its various Magnequench powder grades. The C&O segment manufactures and distributes a range of advanced industrial materials. Applications from these products include automotive catalysts, permanent magnetics, medical devices, and wastewater treatment. The Rare Metals segment sources, reclaims, produces, refines, and markets specialty metals and their compounds. These products include both high-temperature metals (tantalum, niobium, hafnium and rhenium) and electronic metals (gallium and indium).
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