Neo Performance Materials (NOPMF) Expected to Announce Quarterly Earnings on Tuesday

by · The Cerbat Gem

Neo Performance Materials (OTCMKTS:NOPMF – Get Free Report) is expected to be announcing its results before the market opens on Tuesday, March 17th. Analysts expect the company to announce earnings of $0.10 per share and revenue of $112.40 million for the quarter.

Neo Performance Materials Trading Down 4.8%

Shares of Neo Performance Materials stock opened at $18.47 on Monday. Neo Performance Materials has a twelve month low of $5.31 and a twelve month high of $21.53. The company has a quick ratio of 1.18, a current ratio of 2.24 and a debt-to-equity ratio of 0.22. The business has a 50-day moving average price of $15.78 and a 200-day moving average price of $13.88. The firm has a market cap of $768.25 million and a price-to-earnings ratio of -108.63.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets initiated coverage on Neo Performance Materials in a research note on Friday, February 20th. They set an “outperform” rating for the company. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on Neo Performance Materials

About Neo Performance Materials

(Get Free Report)

Neo Performance Materials Inc is a global supplier of advanced materials, specializing in the production and processing of rare earth and rare metal–based functional materials. Headquartered in Toronto, Canada, the company serves diverse high-tech markets by developing proprietary compounds and alloys that deliver key performance attributes in demanding applications. Its product portfolio includes magnetic powders, rare earth oxides and metals, phosphors, metal alloys, precious metal chemical compounds, and performance catalysts.

Neo Performance Materials operates through distinct business segments focused on Rare Earth & Magnetic Solutions, Advanced Industrial Materials, and Precious Metals & Chemicals.

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