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Stock impact report

Assessing Namib Minerals (NAMM) Valuation After A 131% Intraday Surge And Sharp Pullback [Yahoo! Finance]

Namib Minerals - Ordinary Shares (NAMM) 
Company Research Source: Yahoo! Finance
Namib Minerals (NAMM) has drawn attention after its share price jumped around 131% before quickly giving back a chunk of those gains, all without fresh company specific announcements or regulatory filings. See our latest analysis for Namib Minerals. The recent 131% intraday surge and subsequent pullback sit on top of a 7 day share price return of about 237% and a year to date share price return of about 218%. At the same time, the 1 year total shareholder return of around 71% and 3 year total shareholder return of around 69% signal that long term holders have faced heavy losses and that current momentum is more of a sharp rebound than a sustained trend. If this kind of extreme move has caught your attention, it might be a good time to broaden your search and check out fast growing stocks with high insider ownership With Namib Minerals trading at US$3.10 and a published analyst price target of US$9.50, the key question is whether the recent volatility leaves mispricing on the Show less Read more
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