NAMM
NAMIB MINERALS (NAMM)
NASDAQ
$0.74+$0.006 (+0.76%)
Price as of Nov 13, 2026 12:32 PM EST
  • N/A
    Market Cap
  • -45.19%
    1-Year Change
  • Gold
    Industry

Key Performance

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  • Earnings Score: N/A
  • Momentum Score: 45
  • True Yield: N/A
  • Financial Health Score: N/A
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Latest Research & News

Namib Accelerates Redwing Mine Production

Namib Minerals announced an accelerated restart of its Redwing Mine in Zimbabwe, targeting first gold production in November 2026. The company adjusted its approach following Zimbabwe's new policy requiring foreign-owned operators to meet production thresholds by January 1, 2027. Initial production is expected at approximately 338 ounces per month, ramping up to 835 ounces monthly by Q2 2027.

11/03/2026, 6:36 PM • GlobeNewswire

Namib Minerals Signs Indicative US$30 Million Ecobank Term Sheet for Redwing Bankability Programme

Namib Minerals' subsidiary Bulawayo Mining Company signed a nonbinding term sheet with Ecobank Zimbabwe for a proposed $30 million, 36-month non-dilutive loan facility to fund Redwing Mine's resource-definition and bankability programme. Combined with previously secured $6.5 million from BancABC, the funding is expected to complete Step 3 of the company's development milestones. Ecobank also contemplates acting as lead arranger for future construction phase financing.

10/22/2026, 7:33 PM • GlobeNewswire

Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability

Namib Minerals secured a US$6.5 million non-dilutive term loan facility from African Banking Corporation of Zimbabwe Limited to partially fund Step 3 of its Redwing Mine restart, which includes surface exploration drilling and advancing the Definitive Feasibility Study to full bankability. The company completed Step 1 (dewatering) ahead of schedule and has Step 2 (DFS technical programme) fully funded and underway.

09/29/2026, 7:26 PM • GlobeNewswire

Namib Minerals Commences Dewatering at Redwing Mine in Support of Restart Project

Namib Minerals (NASDAQ: NAMM) announced that dewatering activities at its Redwing Mine in Zimbabwe commenced on January 29, 2026, as planned. The dewatering phase will enable feasibility studies and underground assessments to inform the next stages of the mine restart project. The company aims to build itself into a mid-tier gold producer with meaningful reserve growth.

02/12/2026, 6:41 PM • GlobeNewswire

Namib Minerals Schedules Business Update Call

Namib Minerals will host a webcast and conference call on November 24, 2025, to provide a business update and address shareholders' questions about their gold mining operations in Zimbabwe and the Democratic Republic of Congo.

11/20/2025, 5:30 PM • GlobeNewswire

Peers

Statistics

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Day Range
$0.72
$0.80
$0.73
1-Year Range
$0.73
$6.40
$0.73
Latest Close$0.73
Change
-$0.05 (-6.51%)
Volume227,213
Shares Outstanding255,722
P/E (TTM)0.40
Diluted EPS (TTM)$1.84

Information as of 11/12/2026

Company Profile

N/A
Market Cap
$101.2M
Net Income
Sector: Basic Materials
Industry: Gold
Suite 210, Grand Cayman, Cayman Islands, KY1-1106
345 769 4909

Namib Minerals operates as a gold producer in Africa and Democratic Republic of Congo. The company owns and operates How Mine, Mazowe Mine, and Redwing Mine located in Zimbabwe, Africa. The company was incorporated in 2024 and is based in Grand Cayman, Cayman Islands. Namib Minerals is a subsidiary of The Southern SelliBen Trust.

Key Executives

  • Mike Cross
  • Renaud Houlle
  • Siphesihle Mchunu
  • Tavepi Dafana
  • Tulani Sikwila

Current Ownership Distribution

  • Other46.3M (82.88%)
  • Insiders7.9M (14.14%)
  • Institutions1.7M (2.98%)
  • Mutual Funds0 (0.00%)