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| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
Noranda Income Fund Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$1.98 |
| 52 Week High | CA$1.99 |
| 52 Week Low | CA$0.26 |
| Beta | 1.46 |
| 1 Month Change | 35.62% |
| 3 Month Change | 106.25% |
| 1 Year Change | 33.78% |
| 3 Year Change | 63.64% |
| 5 Year Change | 51.15% |
| Change since IPO | -80.16% |
Recent News & Updates
Shareholder Returns
| NIF.UN | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | 0.5% | -1.0% | -1.9% |
| 1Y | 33.8% | -4.9% | 3.7% |
Return vs Industry: NIF.UN exceeded the Canadian Metals and Mining industry which returned -17.6% over the past year.
Return vs Market: NIF.UN exceeded the Canadian Market which returned -11.7% over the past year.
Price Volatility
| NIF.UN volatility | |
|---|---|
| NIF.UN Average Weekly Movement | 16.4% |
| Metals and Mining Industry Average Movement | 11.5% |
| Market Average Movement | 9.1% |
| 10% most volatile stocks in CA Market | 18.3% |
| 10% least volatile stocks in CA Market | 3.1% |
Stable Share Price: NIF.UN's share price has been volatile over the past 3 months.
Volatility Over Time: NIF.UN's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Canadian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | n/a | Paul Einarson | www.norandaincomefund.com |
Noranda Income Fund operates as an income trust. The company owns an electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Québec that produces refined zinc metal and various by-products from zinc concentrate. Its products include jumbo zinc, a product customized with alloy for steel customers to enhance the productivity of galvanizing lines; zinc shot, a product that is used to produce electro-galvanized steel for the car industry; zinc slab, a general commodity grade metal; and granulated zinc, which is used in the production of fertilizers and reagents for the pulp and paper industry.
Noranda Income Fund Fundamentals Summary
| NIF.UN fundamental statistics | |
|---|---|
| Market cap | CA$98.86m |
| Earnings (TTM) | CA$17.68m |
| Revenue (TTM) | CA$1.22b |
4.2x
P/E Ratio0.1x
P/S RatioIs NIF.UN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NIF.UN income statement (TTM) | |
|---|---|
| Revenue | US$887.61m |
| Cost of Revenue | US$839.38m |
| Gross Profit | US$48.24m |
| Other Expenses | US$35.35m |
| Earnings | US$12.89m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.34 |
| Gross Margin | 5.43% |
| Net Profit Margin | 1.45% |
| Debt/Equity Ratio | 108.3% |
How did NIF.UN perform over the long term?
See historical performance and comparison