Namib Minerals (NASDAQ:NAMM) price on Thursday, July 03, fall -15.15% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $9.3.
A look at the stock’s price movement, the close in the last trading session was $10.96, moving within a range at $8.9004 and $11.1. The beta value (5-Year monthly) was 0.058. Turning to its 52-week performance, $55.00 and $5.78 were the 52-week high and 52-week low respectively. Overall, NAMM moved -15.84% over the past month.
Namib Minerals’s market cap currently stands at around $499.20 million, with investors looking forward to this quarter’s earnings report slated for in August.
NAMM’s current price about -36.78% and -23.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.70, while 7-day volatility ratio is 27.55% and 32.66% in the 30-day chart. Further, Namib Minerals (NAMM) has a beta value of -0.10.
If we refocus on Namib Minerals (NASDAQ:NAMM), historical trading data shows that trading volumes averaged 0.97 over the past 10 days and 231.83K over the past 3 months. The company’s latest data on shares outstanding shows there are 53.68 million shares.
The 81.85% of Namib Minerals’s shares are in the hands of company insiders while institutional holders own 3.67% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 28305.0 on 2025-06-13, giving us a short ratio of 0.1. Current price change has pushed the stock -10.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the NAMM stock continues to rise going into the next quarter.
