Namib Minerals (NAMM)
Operates a Zimbabwean gold mine while preparing two historical mines for restart.
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Operates How Mine, an underground gold mine in Zimbabwe, while advancing Mazowe and Redwing toward restart. Revenue currently comes from the producing asset; the portfolio reached Nasdaq through a business combination and is intended to expand into a multi-asset operator.
How Mine is the operating underground gold mine in a Zimbabwean portfolio that also includes Mazowe and Redwing. The Nasdaq-listed holding company took Greenstone's mine interests public through a 2025 business combination. The assets long predate the issuer.
Current work at How Mine centers on grade stabilization and throughput capacity. Redwing dewatering supports feasibility studies, underground assessments, and engineering, while Mazowe and Redwing remain restart projects. Moving from one producing asset to a multi-asset operator depends on feasibility work and capital raising; political and social conditions in Zimbabwe and the DRC also shape the business.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Dec 31, 2025Cash & short-term investments $1.9M · Total debt $5.2M · Total assets $62.8M · Shareholders' equity −$39.3M
- Revenue
- $23.1M
- Operating income
- $58.9M
- Net income
- $56.5M
No dividends on record.
| Institutions12 holders · as of Mar 31, 2026 | 0.49% | 267.3K shares | |
| Insiders8 holders · as of Aug 24, 2026 | 22.67% | 12.35M shares | |
| Strategic holders1 holder · as of Nov 14, 2025 | 9.09% | 4.95M shares | |
| Otherremainder | 67.75% | 36.91M shares |
54.48M company shares as of Aug 22, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Hennessy Capital Partners VI LLCStrategic | 9.09% | 4.95M | 13Gfiled Nov 14, 2025 ↗ |
Mzilakazi Godfrey KhumaloInsider | 8.97% | 4.89M | 13Dfiled Jun 11, 2025 ↗ |
Mzilikazi Godfrey KhumaloInsider | 7.34% | 4.00M | 13Dfiled Aug 24, 2026 ↗ |
Ibrahima Sory TallInsiderdirector | 4.06% | 2.21M | Form 4filed Mar 18, 2026 ↗ |
Siphesihle MchunuInsiderdirector, officer: General Counsel and Director | 1.90% | 1.03M | Form 4filed Mar 18, 2026 ↗ |
| See all 23 → | |||
13D/13G — an ownership statement filed at 5% or more · Form 4 — an insider's transaction report
Insider tradesForm 4
Nothing filed in the last 12 months.
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Namib Minerals | $1.44 | +5.12% | $75.7M | 0.8 | — | 0.9 | — |
| Caledonia Mining | $26.10 | +1.68% | $494.6M | 7.7 | — | 1.8 | +16.8% |
| AngloGold Ashanti | $109.39 | +1.45% | $54.53B | 14.4 | 13.0 | 4.6 | +27.0% |
| Gold Fields (ADR) | $46.53 | +3.60% | $40.20B | 8.9 | — | 3.5 | +70.3% |
| Harmony Gold Mining Company (ADR) | $19.87 | +2.13% | $12.15B | 6.7 | — | 1.8 | +75.9% |
| Median | 8.3 | 13.0 | 2.7 | +48.6% |