Neo Performance Materials Inc. (OTCMKTS:NOPMF – Get Free Report)’s share price dropped 4.3% on Tuesday . The stock traded as low as $5.31 and last traded at $5.35. Approximately 29,010 shares traded hands during mid-day trading, an increase of 171% from the average daily volume of 10,689 shares. The stock had previously closed at $5.59.
Neo Performance Materials Trading Down 4.3 %
The company’s 50-day moving average price is $5.86 and its 200-day moving average price is $5.79.
About Neo Performance Materials
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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