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NRX logo

Noronex ASX:NRX Stock Report

Last Price

AU$0.012

Market Cap

AU$5.7m

7D

-7.7%

1Y

-29.4%

Updated

26 Apr, 2024

Data

Company Financials

NRX Stock Overview

Noronex Limited engages in the exploration of mineral properties in Namibia and Canada.

NRX fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Noronex Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Noronex
Historical stock prices
Current Share PriceAU$0.012
52 Week HighAU$0.025
52 Week LowAU$0.008
Beta2.3
1 Month Change-20.00%
3 Month Change20.00%
1 Year Change-29.41%
3 Year Change-91.11%
5 Year Change-78.95%
Change since IPO-94.55%

Recent News & Updates

Recent updates

We Think Noronex (ASX:NRX) Can Afford To Drive Business Growth

Feb 24
We Think Noronex (ASX:NRX) Can Afford To Drive Business Growth

Shareholder Returns

NRXAU Metals and MiningAU Market
7D-7.7%-0.7%0.4%
1Y-29.4%-1.7%6.0%

Return vs Industry: NRX underperformed the Australian Metals and Mining industry which returned -1.7% over the past year.

Return vs Market: NRX underperformed the Australian Market which returned 6% over the past year.

Price Volatility

Is NRX's price volatile compared to industry and market?
NRX volatility
NRX Average Weekly Movement21.9%
Metals and Mining Industry Average Movement12.4%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

Stable Share Price: NRX has not had significant price volatility in the past 3 months.

Volatility Over Time: NRX's weekly volatility (22%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
2015n/an/anoronexlimited.com.au

Noronex Limited engages in the exploration of mineral properties in Namibia and Canada. It primarily explores for base and precious metals with a focus on copper. The company focuses on Witvlei, Snowball, and Humpback projects covering an area of approximately 8,700 square kilometers located in Kalahari Copper Belt, Namibia.

Noronex Limited Fundamentals Summary

How do Noronex's earnings and revenue compare to its market cap?
NRX fundamental statistics
Market capAU$5.67m
Earnings (TTM)-AU$3.13m
Revenue (TTM)AU$45.28k

125.3x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRX income statement (TTM)
RevenueAU$45.28k
Cost of RevenueAU$0
Gross ProfitAU$45.28k
Other ExpensesAU$3.18m
Earnings-AU$3.13m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.0066
Gross Margin100.00%
Net Profit Margin-6,917.49%
Debt/Equity Ratio0%

How did NRX perform over the long term?

See historical performance and comparison
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