Neo Performance Materials Inc NOPMF

Primary Symbol: T.NEO

Chemicals Specialty Chemicals

Neo Performance Materials Inc. is a Canada-based company that provides advanced industrial materials, rare earth magnetic powders and magnets, specialty chemicals, metals, and alloys. The Company's business segments include Magnequench, Chemicals and Oxides (C&O) and Rare Metals (RM). The Magnequench segment production of permanent magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron (NdFeB or neo) magnets. The C&O segment manufactures and distributes a broad range of advanced industrial materials. The RM 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). These powders and bonded permanent magnets are used in motors, which are used in various automotive applications for hybrid, electric and internal combustion engine vehicles, and micro motors for household applications.

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Neo Performance Materials Inc > Stephen Takacsy - BNN - BUY

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Post by Possibleidiot01on Sep 24, 2024 6:04pm

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Post# 36239244

Stephen Takacsy - BNN - BUY

Got a Takacsy bump today.

BUY

It just announced a strategic review. Are the only public company that turns rare metals into value-added materials like magnets for cars and medical devices. This review will trigger a buyer, he thinks, a positive. Shares are trade well below tangible book value. Little debt and carry a lot of cash. Price of rare metals was depressed but recovering now. He can see them being bought out north of $12-14/share.

Mining

N/A