Public market insider buying at Neo Performance Materials (NEO)

Public market insider buying at Neo Performance Materials (T:NEO)

Jonathan Baksh, a Senior Officer, acquired 20,000 Common Shares on a direct ownership basis at prices ranging from $6.128 to $6.142 on March 19th, 2024. This represents a $122,756 investment into the company's shares and an account share holdings change of greater than 100%.

Neo Performance Materials is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Neo Performance Materials Inc. is a Canada-based company that provides advanced industrial materials, rare earth magnetic powders and magnets, specialty chemicals, metals, and alloys. The Company's business segments include Magnequench, Chemicals and Oxides (C&O) and Rare Metals (RM). The Magnequench segment production of permanent magnetic powders used in bonded and hot-deformed, fully dense neodymium-iron-boron (NdFeB or neo) magnets. The C&O segment manufactures and distributes a broad range of advanced industrial materials. The RM segment sources, reclaims, produces, refines, and markets specialty metals and their compounds. These products include both high-temperature metals (tantalum, niobium, hafnium and rhenium) and electronic metals (gallium and indium). These powders and bonded permanent magnets are used in motors, which are used in various automotive applications for hybrid, electric and internal combustion engine vehicles, and micro motors for household applications.