Financial Analysis: Namib Minerals (NAMM) and Its Competitors

Institutional & Insider Ownership

59.5% of Namib Minerals shares are held by institutional investors. Comparatively, 29.5% of shares of all “Gold & Silver Ores” companies are held by institutional investors. 30.5% of Namib Minerals shares are held by insiders. Comparatively, 11.1% of shares of all “Gold & Silver Ores” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares Namib Minerals and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Namib Minerals	N/A	-$20.75 million	-2.47
Namib Minerals Competitors	$901.64 million	-$221.11 million	-38.81

Namib Minerals’ peers have higher revenue, but lower earnings than Namib Minerals. Namib Minerals is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Volatility and Risk

Namib Minerals has a beta of -0.16, suggesting that its share price is 116% less volatile than the S&P 500. Comparatively, Namib Minerals’ peers have a beta of 0.85, suggesting that their average share price is 15% less volatile than the S&P 500.

Profitability

This table compares Namib Minerals and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Namib Minerals	N/A	N/A	-42.57%
Namib Minerals Competitors	-56.04%	0.43%	0.77%

Summary

Namib Minerals beats its peers on 5 of the 9 factors compared.

Namib Minerals Company Profile

Namib Minerals is a gold producer, developer and explorer with operations focused principally in Zimbabwe. Namib Minerals, formerly known as Hennessy Capital Investment Corp. VI, is based in New York.