Namib Minerals (NAMM)
NASDAQ: NAMM · Real-Time Price · USD
0.9901
-0.0899 (-8.32%)
At close: Oct 14, 2026, 4:00 PM EDT
1.020
+0.030 (3.02%)
After-hours: Oct 14, 2026, 7:58 PM EDT
Namib Minerals Earnings Call Transcripts
Fiscal Year 2026
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Revenue rose 40% to $50.8 million and gross profit doubled, driven by higher gold prices despite lower production. Mill expansion at How Mine is nearly complete, and Redwing's restart is accelerated, both funded without new equity. 2026 production guidance is revised down due to timing.
Fiscal Year 2025
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Disciplined progress in 2025 with strong cost control, EBITDA growth, and resource expansion at How Mine. 2026 guidance targets higher production and margins, with Red Wing dewatering on track and funding pursued in a phased, disciplined manner.