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Neo Performance Materials Inc T.NEO

Alternate Symbol(s):  NOPMF

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).


TSX:NEO - Post by User

Post by daytradeon Jun 14, 2019 4:23pm
302 Views
Post# 29827762

Thinly traded, low floating shares = bigger potential

Thinly traded, low floating shares = bigger potentialJust got into this stock. The rare earth metals will become precious and those equity stocks "should" strengthen soon. A little late to buy, yet it may be timing to accumulate. Just wish the stock traded options . Placed a market order and my brokerage firm filled a large portion of it. Will the low float/trading shares it has greater potential to swing. Provided China drags their feet, the better position NEO is. Investing wisely and not Foolishly. GLTA
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