Thursday s analyst upgrades and downgrades - The Globe and Mail
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Wednesday s analyst upgrades and downgrades - The Globe and Mail
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The Globe and Mail Published March 3, 2021
Shares of rare earths metals producer
Neo Performance Materials Inc. (NEO-T) are trading near all-time highs after the company struck a unique production agreement with a uranium player.
Neo shares hit a record $19.39 in trading on the Toronto Stock Exchange on Tuesday, after the company announced after market close on Monday a partnership with uranium miner
Energy Fuels Inc. (EFR-T, UUUU-N) to launch a rare earths production initiative across European and North American critical material supply chains.
Neo shares were trading around $18.40 midday on Wednesday. The stock is up by about 230 per cent from its 52-week low of $5.55 on March 31 last year and up 33 per cent so far this year.