Professional
Added to YB: 2025-08-19
Pitch date: 2025-08-15
NAMM [bullish]
Namib Minerals
-60%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
$83.2M
Pitch Price
$2.80
Price Target
9.50 (+705%)
Dividend
N/A
EV/EBITDA
7.78
P/E
-4.73
EV/Sales
1.08
Sector
Metals and Mining
Category
growth
Namib Minerals – Multi-Asset African Producer with Big Growth
NAMM BUY: Zimbabwe gold producer with 36.6Koz production at How Mine (2024) and two restart projects. Targeting expansion to 60Koz by 2026. Undervalued at 0.2x NAV vs peers 0.8x, 2.9x 2026E CF vs peers 9.3x. $9.50 PT. Catalysts: quarterly results, How Mine expansion (H2/25), Mazowe/Redwing restarts (2026/27). 4Moz resource base, DRC copper-cobalt upside.
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