Neo Performance Materials (OTCMKTS:NOPMF) Shares Down 2% – What’s Next?

Neo Performance Materials Inc. (OTCMKTS:NOPMFGet Free Report) traded down 2% on Friday . The company traded as low as $5.75 and last traded at $5.75. 9,324 shares traded hands during trading, a decline of 31% from the average session volume of 13,450 shares. The stock had previously closed at $5.87.

Neo Performance Materials Trading Down 2.0 %

The business has a 50-day moving average of $5.86 and a 200-day moving average of $5.54.

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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