Subscribe Now   -   Standard: only $299 per year   or   Premium: only $399 per year  -   Click Here

Namib Minerals

www: www.namibminerals.com   email: IR@namibminerals.com
Category: Junior: Emerging Mid-tier Producer
Rating & Risk: Login to view
Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
NASDAQ:NAMM USD

Description

Namib Minerals are a gold focused junior, emerging mid-tier producer with one producing mine in Zimbabwe and two mines in development in Zimbabwe. Currently they produce roughly 35koz. of gold per year. They have approximately 4Moz. of gold in the reserves and resources category of which 1.6Moz. are in the measured and indicated category. They have a market capitalisation of ~$203.58M which is a rise of roughly 263% over the last two months. As of 12/19/2025 they have no debt and ~$1M cash. They have 54M shares outstanding and trade on the NASDAQ Stock Exchange.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 12/19/2025
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
MCap (FD): $56.16M $203.58M 12/19/2025 $147.42M
MCap (OS): $56.16M $203.58M 12/19/2025 $147.42M
Total Assets: $58.00M $58.00M 12/19/2025 $0.00M
Total Liabilities: $211.00M $211.00M 12/19/2025 $0.00M
Current Assets: $1.00M $1.00M 12/19/2025 $0.00M
Current Liabilities: $10.00M $10.00M 12/19/2025 $0.00M
Total Debt: $0.00M $0.00M 12/19/2025 $0.00M
Cash: $1.00M $1.00M 12/19/2025 $0.00M
Debt (Net): $-1.00M $-1.00M $0.00M
Enterprise Value: $55.16M $202.58M $147.42M
Cash Flow: $78.18M $111.27M never $33.09M
Cash Flow Multiple: 0.72 1.83 never 1.11
Net Debt to
Cash Flow Ratio:		 n/a n/a never 0.00
Finance within 1 year: 12/19/2025 n/a
Misc 12/19/2025
Last
Analysis
Data
Current Data
Change
Item Value Value Updated Value
Shares Outstanding: 54,000,000 54,000,000 12/19/2025 0
Shares (FD): 54,000,000 54,000,000 12/19/2025 0
Insider Ownership: n/a n/a 12/19/2025 n/a
Dividend (Annual): n/a n/a 01/22/2026 n/a
Company Type: Mostly Gold Mostly Gold never n/a
Group: Producer Producer never n/a
Production ETA: n/a n/a 12/19/2025 n/a
Production (Gold Eq Oz.): (guess) 
35,000		 (guess) 
35,000		 12/19/2025 0
Production (Silver Eq Oz.): (guess) 
2,281,528		 (guess) 
1,968,150		 12/19/2025 -313,379
Development Phase: Producer (Single Mine) Producer (Single Mine) 12/19/2025 n/a
Optionality Play: none No
F
U
T
U
R
E		 % of Spot: 15
Producer: Average
 15
Producer: Average
 12/19/2025 0
Cash Flow Multiple: 3 3 12/19/2025 0.00

Resource Data

GOLD 12/19/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: 0.10M 0.10M 12/19/2025 0.00M
Measured & Indicated: 1.60M 1.60M 12/19/2025 0.00M
Inferred: 2.40M 2.40M 12/19/2025 0.00M
Reserves & Resources: 4.00M 4.00M never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: 0.09M 0.09M 12/19/2025 0.00M
Measured & Indicated: 1.11M 1.11M 12/19/2025 0.00M
Inferred: 1.02M 1.02M 12/19/2025 0.00M
Reserves & Resources: 2.13M 2.13M never 0.00M
C
U
R
R
E
N
T		 Annual Production: (guess) 
35,000oz.		 (guess) 
35,000oz.		 12/19/2025 0oz.
Cash Cost: $1,300 $1,300 12/19/2025 $0.00
Extra Operating Cost: $800 $800 12/19/2025 $0.00
Total: $2,100 $2,100 12/19/2025 $0.00
Margin (Free Cash Flow): $2,234 (52%) $3,179 (60%) $945.54
MCap / Production (AuEq): $1,604.57 $5,816.57 $4,212.00
EV / Production (AuEq): $1,576.00 $5,788.00 $4,212.00
G
R
A
D
E		 Underground (Avg): 3.50 g/t 3.50 g/t 12/19/2025 n/a
Open Pit (Avg): n/a n/a 12/19/2025 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 01/22/2026 0.00%
F
U
T
U
R
E		 Proven & Probable: 2.00M 2.00M 12/19/2025 0.00M
Annual Production: 80,000oz. 80,000oz. 12/19/2025 0oz.
Cash Cost: $1,500 $1,500 12/19/2025 $0
Extra Operating Cost: $800 $800 12/19/2025 $0
SILVER 12/19/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
O
U
N
C
E
S		 T
O
T
A
L
 Proven & Probable: n/a n/a 12/19/2025 0.00M
Measured & Indicated: n/a n/a 12/19/2025 0.00M
Inferred: n/a n/a 12/19/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E		 Proven & Probable: n/a n/a 12/19/2025 0.00M
Measured & Indicated: n/a n/a 12/19/2025 0.00M
Inferred: n/a n/a 12/19/2025 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T		 Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 12/19/2025 $0.00
Extra Operating Cost: n/a n/a 12/19/2025 $0.00
Total: n/a n/a 12/19/2025 $0.00
Margin (Free Cash Flow): n/a $0.00
MCap / Production (AgEq): $24.62 $103.44 $78.82
EV / Production (AgEq): $24.18 $102.93 $78.75
G
R
A
D
E		 Underground (Avg): n/a n/a 12/19/2025 n/a
Open Pit (Avg): n/a n/a 12/19/2025 n/a
Recovery Rate: n/a n/a 12/19/2025 0.00%
F
U
T
U
R
E		 Proven & Probable: n/a n/a 12/19/2025 0.00M
Annual Production: n/a n/a 12/19/2025 n/a
Cash Cost: n/a n/a 12/19/2025 n/a
Extra Operating Cost: n/a n/a 12/19/2025 n/a

Property

Last Analysis Data  (12/19/2025)
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Prod How
100 show
Producing 35K/ year at $1400 AISC
Dev Mazowe
100 n/a
Dev Red Wing
100 n/a
Current Data
Stage Name Owned
%		 NPV
$M		 IRR
%		 CapEx
$M		 Au Ag Cu Notes
Prod How
100 show
Producing 35K/ year at $1400 AISC
Dev Mazowe
100 n/a
Dev Red Wing
100 n/a

Profitability (by resource)

Proven &
Probable		 12/19/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.10M 0.10M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -0.90M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 0.09M 0.09M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -0.76M
Maximum Profit (Gold): $189.86M $270.23M n/a $80.37M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $189.86M $270.23M n/a $80.37M
Max Profit / Current MCap: 3.381 1.327 n/a -2.053
Max Profit Per Share (Gold): $3.52 $5.00 n/a $1.49
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $3.52 $5.00 n/a $1.49
Total Free Profit Per Share: $2.48 $1.23 n/a $-1.24
FD MCap / Gold Eq.: $660.71 $2,395.06 n/a $1,734.35
FD MCap / Silver Eq.: $10.14 $42.59 n/a $32.46
FD MCap / Per Metal
as % Spot Price:		 15.25% 45.37% n/a 30.12%
EV / Gold Eq.: $648.94 $2,383.29 n/a $1,734.35
EV / Silver Eq.: $9.96 $42.38 n/a $32.43
EV / Per Metal
as % Spot Price:		 14.97% 45.15% n/a 30.17%
Measured &
Indicated		 12/19/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.60M 1.60M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -14.33M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 1.11M 1.11M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -9.89M
Maximum Profit (Gold): $2,468.13M $3,512.95M n/a $1,044.82M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $2,468.13M $3,512.95M n/a $1,044.82M
Max Profit / Current MCap: 43.948 17.256 n/a -26.692
Max Profit Per Share (Gold): $45.71 $65.05 n/a $19.35
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $45.71 $65.05 n/a $19.35
Total Free Profit Per Share: $44.67 $61.28 n/a $16.62
FD MCap / Gold Eq.: $50.82 $184.24 n/a $133.41
FD MCap / Silver Eq.: $0.78 $3.28 n/a $2.50
FD MCap / Per Metal
as % Spot Price:		 1.17% 3.49% n/a 2.32%
EV / Gold Eq.: $49.92 $183.33 n/a $133.41
EV / Silver Eq.: $0.77 $3.26 n/a $2.49
EV / Per Metal
as % Spot Price:		 1.15% 3.47% n/a 2.32%

Reserves &
Resources		 12/19/2025
Last Analysis
Data
Current Data
Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 4.00M 4.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a -35.81M
P

L

A

U

S

I

B

L

E		 Gold Eq. Oz.: 2.13M 2.13M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a -19.03M
Maximum Profit (Gold): $4,746.40M $6,755.67M n/a $2,009.27M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $4,746.40M $6,755.67M n/a $2,009.27M
Max Profit / Current MCap: 84.516 33.184 n/a -51.331
Max Profit Per Share (Gold): $87.90 $125.11 n/a $37.21
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $87.90 $125.11 n/a $37.21
Total Free Profit Per Share: $86.86 $121.34 n/a $34.48
FD MCap / Gold Eq.: $26.43 $95.80 n/a $69.37
FD MCap / Silver Eq.: $0.41 $1.70 n/a $1.30
FD MCap / Per Metal
as % Spot Price:		 0.61% 1.81% n/a 1.20%
EV / Gold Eq.: $25.96 $95.33 n/a $69.37
EV / Silver Eq.: $0.40 $1.70 n/a $1.30
EV / Per Metal
as % Spot Price:		 0.60% 1.81% n/a 1.21%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults