Neo Performance Materials Inc T.NEO

Alternate Symbol(s): NOPMF

Chemicals Specialty Chemicals

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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Neo Performance Materials Inc > Oaktree reducing holdings again

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Comment by bigbaddudeon Jan 25, 2021 7:14pm

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Post# 32380600

RE:Oaktree reducing holdings again

Missed the most important part of the NR

The Company released its results for the quarter ended September 30, 2020 on November 16, 2020. During the fourth quarter of 2020, the Company experienced a continued increase in volumes and improved financial performance. Subject to finalizing its fourth quarter financial results and completing the audit of the 2020 annual financial statements, Neo expects its fourth quarter results to exceed analyst consensus estimates¹ of $85.1 million in revenues and $7.4 million of EBITDA (amounts in USD). Neo plans to announce fourth quarter and 2020 year end results towards the end of March 2021.

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Advancing flagship Ishkõday Gold Project in Ontario