Neo Performance Materials (NOPMF) to Release Quarterly Earnings on Tuesday

Neo Performance Materials (OTCMKTS:NOPMF) is anticipated to announce 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 0.6%

NOPMF stock opened at $18.13 on Tuesday. The company has a market capitalization of $754.21 million and a PE ratio of -106.65. Neo Performance Materials has a one year low of $5.25 and a one year high of $21.53. The company’s 50 day moving average price is $15.20 and its two-hundred day moving average price is $13.70. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.18 and a current ratio of 2.24.

Wall Street Analyst Weigh In

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

Neo Performance Materials Company Profile

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.