Critical Comparison: Namib Minerals (NAMM) versus Its Competitors

Insider & Institutional 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, hedge funds and large money managers believe a company is poised for long-term growth.

Risk & Volatility

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

Profitability

This table compares Namib Minerals and its rivals’ 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%

Earnings & Valuation

This table compares Namib Minerals and its rivals revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Namib Minerals	$85.88 million	-$20.75 million	-2.49
Namib Minerals Competitors	$860.85 million	-$211.09 million	-41.00

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

Summary

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

About Namib Minerals

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.