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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

Comment by throwaway11on Jun 17, 2022 11:01pm
166 Views
Post# 34766354

RE:insider buying

RE:insider buyingYeah - IMO looks at a glance like a lot of Canadian small-caps are unfortunately taking collateral damage from stupidity and events elsewhere in the market.

I understand tepidations about NEO Performance Materials ability to operate in the context of eastern Europe as it is right now -- but it doesn't seem like everything happening with the stock is actually truly related to it.

When you consider the increased focus on ensuring supply chains from stable, fair playing, non-authoritarian/fascist nations and our push for green technology, the valuation seems even more absurd.

Though it's always possible there are things I don't know or understand about the company, or things hiding in plain sight that should be obvious to me right now.
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