Neo Battery Materials Stock Today

NBM Stock  CAD 0.71  0.23  24.47%   

Performance

28 of 100

 
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Strong

Odds Of Distress

Less than 10

 
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Low
Neo Battery is selling for under 0.71 as of the 25th of November 2024; that is 24.47 percent down since the beginning of the trading day. The stock's lowest day price was 0.65. Neo Battery has less than a 10 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for Neo Battery Materials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Neo Battery Materials Ltd., an exploration stage company, focuses on the acquisition, exploration, and development of gold, copper, and other precious and base metal properties in Peru and Canada. Neo Battery Materials Ltd. was incorporated in 2006 and is headquartered in Vancouver, Canada. The company has 117.86 M outstanding shares of which 56.29 K shares are now shorted by private and institutional investors with about 0.25 days to cover all short positions. More on Neo Battery Materials

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Neo Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Neo Battery's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Neo Battery or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentSungbum BEC
Thematic IdeaPlastics (View all Themes)
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Plastics, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Neo Battery's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Neo Battery's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Neo Battery can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Neo Battery's financial leverage. It provides some insight into what part of Neo Battery's total assets is financed by creditors.
Liquidity
Neo Battery cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Neo Battery Materials has accumulated 725.43 K in total debt. Neo Battery Materials has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Neo Battery until it has trouble settling it off, either with new capital or with free cash flow. So, Neo Battery's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Neo Battery Materials sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Neo to invest in growth at high rates of return. When we think about Neo Battery's use of debt, we should always consider it together with cash and equity.

Net Income

(2.98 Million)
Neo Battery Materials (NBM) is traded on TSX Venture Exchange in Canada and employs 12 people. Neo Battery is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 110.79 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Neo Battery's market, we take the total number of its shares issued and multiply it by Neo Battery's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Neo Battery Materials classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 117.86 M outstanding shares of which 56.29 K shares are now shorted by private and institutional investors with about 0.25 days to cover all short positions. Neo Battery Materials has accumulated about 869.78 K in cash with (2.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check Neo Battery Probability Of Bankruptcy
Ownership Allocation
Neo Battery Materials maintains a total of 117.86 Million outstanding shares. Neo Battery Materials secures 6.95 % of its outstanding shares held by insiders and 0.0 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Neo Ownership Details

Neo Battery Materials Risk Profiles

Although Neo Battery's alpha and beta are two of the key measurements used to evaluate Neo Battery's performance over the market, the standard measures of volatility play an important role as well.

Neo Stock Against Markets

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Neo Battery Corporate Management

Elected by the shareholders, the Neo Battery's board of directors comprises two types of representatives: Neo Battery inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Neo. The board's role is to monitor Neo Battery's management team and ensure that shareholders' interests are well served. Neo Battery's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Neo Battery's outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter KimSenior DevelopmentProfile
Sung HwangCOO VPProfile
Ryan KimConsultantProfile
Daniel LimChief OfficerProfile
Jacqueline CollinsCorporate SecretaryProfile
Jae WooChief OfficerProfile
CPA CGAChief OfficerProfile

Additional Tools for Neo Stock Analysis

When running Neo Battery's price analysis, check to measure Neo Battery's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Neo Battery is operating at the current time. Most of Neo Battery's value examination focuses on studying past and present price action to predict the probability of Neo Battery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Neo Battery's price. Additionally, you may evaluate how the addition of Neo Battery to your portfolios can decrease your overall portfolio volatility.