Namib Minerals

NAMM Basic Materials Gold

Namib Minerals' revenue for fiscal 2025 (year ended December 2025) was $82.6 million, down 3.83% from fiscal 2024. In the quarter to June 2025, EPS fell 226.3% and free cash flow fell 52.2%, each against the same quarter a year earlier.

0.97 0.03 −3.00%
Market cap
$55.9M
P/E
0.0×
Fwd P/E
—
Dividend yield
—
F-score
n/a
Altman Z
8.28
Beneish M
4.44
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 86.39%

Capital & Financial Ratios $m

Market Cap 55.85
Revenue —
Net Income 25.66
Free Cash Flow 13.51
Net Debt 6.03
Current Ratio 0.32 (below 1: weak)
Debt/Equity (0.19) (negative: negative equity)
P/E ratio 0.00
Fwd P/E —
P/S ratio 0.00
P/B ratio 0.00
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 38.63% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 0 1 2 2
Receivables — 4 6 5
Inventory — 3 4 4
Other — 1 4 4
1 9 16 20
2023 2024 2025 Q'26
Payables 0 31 38 37
ST’ Debt 0 1 3 6
Other — 3 2 8
6 46 54 63

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — 0.00%
Earnings — — 87.69%
Book Value — — 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 — 36 — — 83
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 0 6 — — 14
’24 (1) 12 (14) 21 19
’23 0 (2) 0 (2) (4)
’22 0 0 (1) (1) (2)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’25 0 6 — — 2
’24 (1) 12 (14) 21 9
’23 0 (2) 0 (2) (4)
’22 0 0 (1) (1) (2)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 — — — — —
’25 (0.24) (0.24) — — 1.84
’24 (0.38) 0.19 (0.88) (0.12) 0.07
’23 0.06 0.21 0.02 0.26 0.56
’22 0.54 0.34 0.23 0.23 1.35
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — 9.59 9.56 9.87 10.30 0.97

Analyst estimates 2026–2028

Powerpack
High — — — — — 11.03 9.98 11.47 13.43 55.00
People
People Employees — — — — — 3 3 2 2 —
Revenue/emp, $m — — — — — 0.00 0.00 0.00 42.94 0.00
Income, $m
Income, $m Revenue — — — — — — — — 86 83
Gross margin, % — — — — — — — — 45.17 41.45
EBT — — — — — 3 16 10 14 109
EBT margin, % — — — — — 0.00 0.00 0.00 16.88 131.37
Net income — 0 — — — 3 15 6 14 109
Depreciation — — — — — — — — 4 7
Per share, $
Per share, $ Revenue — — — — — 0.00 0.00 0.00 1.76 1.60
Earnings — — — — — 0.24 1.35 0.56 0.07 1.96
Cash flow — — — — — (0.11) (0.21) (0.37) 0.39 0.27
Capex — — — — — 0.00 0.00 0.00 (0.20) (0.23)
Free cash flow — — — — — (0.11) (0.21) (0.37) 0.19 0.04
Book value — — — — — (2.36) (1.17) (0.53) (0.63) (0.76)
Shares, m — — — — — 11 11 11 49 52
Valuation, ×
Valuation, × P/E — — — — — — — — 0.00 0.00
P/S — — — — — — — — 0.00 0.00
P/B — — — — — — — — 0.00 0.00
EV/Sales — — — — — — — — 0.00 0.00
EV/FCF — — — — — — — — 27.15 3.87
Cash, $m
Cash, $m Operating cash flow — — — — — (1) (2) (4) 19 14
Capex — — — — — — — — (10) (12)
Free cash flow — — — — — (1) (2) (4) 9 2
Balance, $m
Balance, $m Working capital — — — — — 2 0 (6) (37) (37)
Total debt — — — — — — — 0 3 5
Net debt — — — — — (2) (1) 0 2 3
Shareholders’ equity — — — — — (25) (13) (6) (31) (39)
Returns, %
Returns, % ROA — — — — — 1.47 4.44 2.07 2.23 177.77
ROIC — — — — — 0.00 0.00 0.00 0.00 0.00
ROE — — — — — 0.00 (79.53) (66.11) (19.42) (288.26)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2025 · fundamentals updated 2 Oct 2026

Charts ten years each

Namib Minerals vs peers in Gold (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CTGO Contango Silver & Gold Inc. $506.6M — (loss-making) — — −88.89% (below 0%: shrinking) −209.25% (below 0%: shrinking) 0.00% 0.00% Compare
CMCL Caledonia Mining Corporation PLC $458.2M 5.9× 8.4× +35.13% (above 0%: growing) +202.22% (above 0%: growing) +267.89% (above 0%: growing) 51.61% 54.94% Compare
TRX TRX Gold Corporation $348.0M — (loss-making) 16.5× +163.33% (above 0%: growing) n/m +88.08% (above 0%: growing) 59.21% 47.81% Compare
IDR Idaho Strategic Resources, Inc. $339.6M 14.9× 21.4× +13.25% (above 0%: growing) +15.00% (above 0%: growing) −294.99% (below 0%: shrinking) 56.20% 34.13% Compare
USAU US Gold Corp $200.2M — (loss-making) — −7.36% (below 0%: shrinking) n/m −6.80% (below 0%: shrinking) 0.00% 0.00% Compare
GLDG GoldMining Inc. $170.1M — (loss-making) — — n/m −51.49% (below 0%: shrinking) 0.00% 0.00% Compare
PZG Paramount Gold Nevada Corp. $91.4M — (loss-making) — (loss-making) −77.65% (below 0%: shrinking) n/m −2.39% (below 0%: shrinking) 0.00% 0.00% Compare
NAMM Namib Minerals $55.9M — (loss-making) — — n/m −52.20% (below 0%: shrinking) 36.97% (20.35%)
AUST Austin Gold Corp. $11.5M — (loss-making) — — n/m −18.47% (below 0%: shrinking) 0.00% 0.00% Compare
Median of peers $269.9M — 16.5× +13.25% +15.00% −12.64% 0.00% 0.00%

All 37 Gold stocks →

Namib Minerals (NAMM) key facts

  • Concern: Namib Minerals' revenue for fiscal 2025 (year ended December 2025) was $82.6 million, down 3.83% from fiscal 2024.
  • Namib Minerals (NAMM) is a Gold company in the Basic Materials sector, listed on Nasdaq.
  • As of October 16, 2026, NAMM traded at $0.97, a market capitalization of $55.9 million.
  • Return on equity was −288.3% and debt-to-equity -0.19.
  • Its Altman Z-score is 8.28 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 2, 2026.

Namib Minerals (NAMM) Latest News

18 Mar

Impact 4 ·

15 Dec

14 Nov

stockrow.com/NAMM · Data as of Oct 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com