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    market news

    Neo Material Announces Buyback, Shares Rise

    Investing News Network
    Aug. 15, 2011 03:41PM PST
    Rare Earth Investing

    Reuters reported that Neo Material Technologies (TSE:NEM) announced a possible buyback of its shares, causing the company’s stock price to rise.

    Reuters reported that Neo Material Technologies (TSX:NEM) announced a possible buyback of its shares, causing the company’s stock price to rise.

    The market news is quoted as saying:

    Neo Material, which makes magnetic powders and other rare earth-based products in China for both the domestic and export markets, said its shares are trading in a price range that does reflect true value and are an attractive investment.

    To read the full market news, click here.

    market newschinatsx:nem
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