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).

TSX:NEO - Post by User

Neo Performance Materials Inc

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Post by throwaway11on Mar 07, 2022 10:33am

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Post# 34490284

Company is profitable and trading at ~ its annual rev? Wild.

Why is the market so bearish on this firm? To me it seems like with the west trying to gain independence from China / Russia that Neo would benefit.

The one big problem I can see right now is that they have operations in Estonia, but most of the selloff isn't centered around the period in which Russia has been invading.

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