Namib Minerals opened lower at $0.77, compared with its previous close of $0.78. In the last trading session, the stock traded between $0.72 and $0.80. It showed a downward intraday trend.
An investment of $100 made 2 years ago in Namib Minerals is now worth
$ 2.36
Resulting in a loss of
$ 97.64 (97.64%)
Note: Past profits do not guarantee future returns.
Rating from 1 Analysts
Today's Change
$-0.05 (-5.78%)
Day High
$0.80
Day Low
$0.72
Day Open
$0.77
Prev Close
$0.78
Volume
2,14,278
1W Return
-11.10%
1M Return
-33.90%
3M Return
-44.79%
6M Return
-55.33%
1Y Return
-48.10%
Market Cap ($ Mn)
41
PE Ratio
0.77
PB Ratio
-
PEG Ratio
0.00
ROE
-
ROCE
-1,378.64%
EPS (TTM)
-
1 Week
-11.10%
1 Month
-33.90%
3 Months
-44.79%
6 Months
-55.33%
9 Months
-71.76%
No data available.
Namib Minerals accelerates Redwing Mine restart for Nov 2026 gold
First gold production targeted for November 2026 at Redwing Mine. Restart accelerated due to Zimbabwean citizen mining reservation policy. Initial throughput set at 3,600 tonne/month yielding 338 ounces of gold. Production scaling to 10,000 tonne/month by Q2 2027 pending new winder delivery.
9 days agoNamib Minerals signs $30m Ecobank term sheet for Redwing Mine
Namib Minerals subsidiary Bulawayo Mining signed a non-binding $30 million, 36-month loan term sheet with Ecobank Zimbabwe. The non-dilutive facility aims to fund the resource-definition and bankability programme for the Redwing Mine. Combined with the existing $6.5 million BancABC loan, total identified funding for Step 3 reaches $36.5 million. Proceeds will cover hoist expenditures, milling plant expansion, drilling equipment, and mine development.
20 days agoNamib Minerals completes How Mine mill expansion ahead of schedule
Commissioning of How Mine's expanded mill completed ahead of schedule. Monthly processing capacity rises 36% to 55,000 tonnes. Annualized production target set at over 30,000 ounces. Redwing Mine restart remains on track for January 2027.
1mo agoNamib Minerals H1FY26 Results: Revenue up 40%, EBITDA up 76%
Revenue rose 40% YoY to $50.8 million, driven by a 48% jump in realized gold prices to $4,195 per ounce. Adjusted EBITDA increased 76% YoY to $19 million, supported by lower absolute production costs. Net loss of $4.8 million reported, primarily attributed to non-cash fair-value losses. How Mine milling expansion commissioning expected mid-October 2026, boosting capacity by 36%. AISC spiked to $3,078 per ounce, prompting full-year guidance revision to $2,650–$2,850 per ounce.
1mo agoNamib Minerals secures $6.5 million loan for Redwing Mine development
Secured $6.5 million non-dilutive term loan from BancABC. Funds allocated to Step 3 of Redwing Mine development milestones. Existing overdraft and term loans consolidated into single facility. Step 1 dewatering completed ahead of schedule on September 21, 2026.
1mo agoNamib Minerals completes Redwing Mine dewatering ahead of Q4 2026 target
Namib Minerals completed dewatering at Redwing Mine ahead of Q4 2026 target. Step 1 completion enables underground mapping and sampling for DFS. DFS technical programme remains fully funded for early Q1 2027 conclusion. Step 3 resource definition requires next funding stage for 8,750-metre drilling.
1mo ago| Stock | LTP | Change % | Market Cap | PE |
|---|---|---|---|---|
| $82.06 | +1.16% | $2,08,603.99M | 24.62 | |
| $172.61 | +1.32% | $1,47,286.90M | 31.33 | |
| $118.47 | -1.24% | $1,23,113.19M | 16.14 | |
| $84.97 | +0.51% | $1,06,662.08M | 13.99 | |
| $185.96 | -2.36% | $94,742.34M | 17.64 | |
| $62.12 | +3.00% | $89,138.22M | 37.66 | |
| $39.06 | -1.59% | $64,288.23M | 11.80 | |
| $135.58 | -0.76% | $61,575.01M | 34.01 | |
| $11.58 | +0.00% | $49,281.74M | 30.06 | |
| $248.76 | -2.75% | $47,979.34M | 34.79 | |
| $92.00 | -1.97% | $46,460.64M | 15.17 | |
| $37.56 | -1.55% | $33,302.84M | 9.42 |
An investment of $100 made 2 years ago in Namib Minerals is now worth
$ 2.36
Resulting in a loss of
$ 97.64 (97.64%)
Note: Past profits do not guarantee future returns.
