|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||16.03 - 16.95|
|52 Week Range||9.50 - 18.90|
|Beta (5Y Monthly)||1.22|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2021|
|Forward Dividend & Yield||0.32 (2.00%)|
|Ex-Dividend Date||Dec. 17, 2021|
|1y Target Est||N/A|
Neo Performance Materials Inc. ("Neo", the "Company") (TSX: NEO) announced today that its management will host a teleconference call on Wednesday, December 1, 2021 at 11:00 a.m. (Eastern Time) to discuss the third quarter 2021 results and provide a business update. Interested parties may access the teleconference by calling (647) 792-1240 (local) or (866) 248-8441 (toll free long distance) or by visiting http://cnw.en.mediaroom.com/events. A recording of the teleconference may be accessed by cal
Canada's Neo Performance Materials announced plans on Wednesday to expand its rare earths operations in Estonia to produce super-strong magnets for electric vehicles (EVs), counting on European Union funding to make it viable. The EU wants to develop domestic output of rare earth magnets - key for both EVs and wind turbines - to help meet targets for cutting carbon emissions and for reducing reliance on China. China now supplies 95% of the EU's permanent magnets, which are also important for the defence sector and high-tech products such as robots.
A joint effort between the Estonian Ministry of Economic Affairs and Communications and Neo Performance Materials (TSX: NEO) has been launched to explore a possible expansion of Neo's current production of advanced rare earth element ("REE") products in Estonia, and well as to potentially launch new manufacturing of REE-based metals, alloys, and magnetic materials for use in electric vehicles and other green technologies. Statements by the participants in this joint communiqué follow.