Neo Performance Materials Inc. (TSE:NEO - Get Free Report) was up 1.2% during mid-day trading on Thursday . The company traded as high as C$8.75 and last traded at C$8.65. Approximately 37,536 shares were traded during trading, a decline of 41% from the average daily volume of 63,270 shares. The stock had previously closed at C$8.55.
Neo Performance Materials Stock Down 0.9 %
The firm has a market cap of C$250.82 million, a PE ratio of -112.55 and a beta of 1.38. The business's 50 day moving average price is C$8.26 and its 200 day moving average price is C$8.05. The company has a debt-to-equity ratio of 10.65, a current ratio of 2.59 and a quick ratio of 1.92.
Neo Performance Materials Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 27th. Investors of record on Friday, December 27th were paid a dividend of $0.10 per share. The ex-dividend date was Tuesday, December 17th. This represents a $0.40 annualized dividend and a yield of 4.67%. Neo Performance Materials's dividend payout ratio is presently -525.33%.
About Neo Performance Materials
(
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Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.
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