Namib Minerals (NAMM) & Its Rivals Critical Review

Namib Minerals (NASDAQ:NAMM) is one of 53 publicly-traded companies in the “Gold & Silver Ores” industry, but how does it weigh in compared to its peers? We will compare Namib Minerals to related companies based on the strength of its risk, profitability, institutional ownership, earnings, valuation, dividends and analyst recommendations.

Insider & Institutional Ownership

59.5% of Namib Minerals shares are held by institutional investors. Comparatively, 29.4% of shares of all “Gold & Silver Ores” companies are held by institutional investors. 30.5% of Namib Minerals shares are held by insiders. Comparatively, 11.1% of shares of all “Gold & Silver Ores” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Valuation & Earnings

This table compares Namib Minerals and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Namib Minerals	$80.35 million	-$20.75 million	-2.53
Namib Minerals Competitors	$860.58 million	-$211.09 million	-41.57

Namib Minerals’ peers have higher revenue, but lower earnings than Namib Minerals. Namib Minerals is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a breakdown of recent recommendations for Namib Minerals and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Namib Minerals	1	0	0	0	1.00
Namib Minerals Competitors	459	1108	1066	25	2.25

As a group, “Gold & Silver Ores” companies have a potential upside of 8.17%. Given Namib Minerals’ peers stronger consensus rating and higher probable upside, analysts plainly believe Namib Minerals has less favorable growth aspects than its peers.

Profitability

This table compares Namib Minerals and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Namib Minerals	N/A	N/A	-42.57%
Namib Minerals Competitors	-56.04%	0.43%	0.77%

Volatility and Risk

Namib Minerals has a beta of -0.11, suggesting that its stock price is 111% less volatile than the S&P 500. Comparatively, Namib Minerals’ peers have a beta of 0.86, suggesting that their average stock price is 14% less volatile than the S&P 500.

Summary

Namib Minerals peers beat Namib Minerals on 8 of the 13 factors compared.

About Namib Minerals

Namib Minerals is a gold producer, developer and explorer with operations focused principally in Zimbabwe. Namib Minerals, formerly known as Hennessy Capital Investment Corp. VI, is based in New York.