Added to YB: 2025-04-11
Pitch date: 2025-04-09
NEO.TO [bullish]
Neo Performance Materials Inc.
+25.62%
current return
Author Info
No bio for this author
Company Info
Neo Performance Materials Inc. engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in China, Japan, Thailand, South Korea, North America, Europe, and internationally.
Market Cap
CAD 225.9M
Pitch Price
CAD 8.51
Price Target
30.00 (+181%)
Dividend
5.20%
Sector
Chemicals
Category
special_situation
Neo Performance Materials (TSX: NEO)
NEO.TO: Rare earth processor at 3.2x EBITDA, 5% yield. Strategic asset outside China. New CEO improved ops, sold bad assets. $125M capex projects near completion, adding $20M+ EBITDA. Strategic review ongoing. Huge upside if China-West trade war escalates, as seen in 2010-11 when EBITDA jumped 7x.
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