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Nordic Mining ASAOB:NOM Stock Report

Market Cap NOK 1.4b
Share Price
NOK 10.00
My Fair Value
n/a
1Y-53.5%
7D-15.5%
Portfolio Value
View

Nordic Mining ASA

OB:NOM Stock Report

Market Cap: NOK 1.4b

Nordic Mining (NOM) Stock Overview

Engages in the exploration and development of industrial minerals and metals in Norway. More details

NOM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

NOM Community Fair Values

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See what others think this stock is worth. Follow their fair value or set your own to get alerts.

Nordic Mining ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nordic Mining
Historical stock prices
Current Share PriceNOK 10.00
52 Week HighNOK 24.20
52 Week LowNOK 9.57
Beta0.14
1 Month Change-20.13%
3 Month Change-9.09%
1 Year Change-53.49%
3 Year Change-14.53%
5 Year Change-79.17%
Change since IPO-97.92%

Recent News & Updates

Recent updates

Analysis Article Aug 14

Would Nordic Mining (OB:NOM) Be Better Off With Less Debt?

OB:NOM 1 Year Share Price vs Fair Value Explore Nordic Mining's Fair Values from the Community and select yours David...
Analysis Article Jul 04

Is Nordic Mining (OB:NOM) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 05

Does Nordic Mining (OB:NOM) Have A Healthy Balance Sheet?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jul 06

Is Nordic Mining (OB:NOM) Using Debt Sensibly?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Nov 16

Nordic Mining's (OB:NOM) Earnings Are Built On Soft Foundations

Nordic Mining ASA ( OB:NOM ) posted some decent earnings, but shareholders didn't react strongly. Our analysis suggests...
Analysis Article May 12

We're Hopeful That Nordic Mining (OB:NOM) Will Use Its Cash Wisely

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Jan 11

Is Nordic Mining (OB:NOM) In A Good Position To Invest In Growth?

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Shareholder Returns

NOMNO Metals and MiningNO Market
7D-15.5%8.0%-3.0%
1Y-53.5%86.1%22.3%

Return vs Industry: NOM underperformed the Norwegian Metals and Mining industry which returned 86.1% over the past year.

Return vs Market: NOM underperformed the Norwegian Market which returned 22.3% over the past year.

Price Volatility

Is NOM's price volatile compared to industry and market?
NOM volatility
NOM Average Weekly Movement4.1%
Metals and Mining Industry Average Movement8.5%
Market Average Movement5.6%
10% most volatile stocks in NO Market11.7%
10% least volatile stocks in NO Market3.3%

Stable Share Price: NOM has not had significant price volatility in the past 3 months compared to the Norwegian market.

Volatility Over Time: NOM's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200680Finn Marumwww.nordicmining.com

Nordic Mining ASA, together with its subsidiaries, engages in the exploration and development of industrial minerals and metals in Norway. The company primarily explores for rutile, almandine garnet, hydrothermal quartz vein, and seabed minerals. It owns 100% interest in the Engebø Rutile and Garnet project located in the Sunnfjord, Vestland, Norway; Nordic Titanium located in Sunnfjord, Vestland, Norway; and Kvinnherad Quartz Project located in Kvinnherad, Norway.

Nordic Mining ASA Fundamentals Summary

How do Nordic Mining's earnings and revenue compare to its market cap?
NOM fundamental statistics
Market capNOK 1.43b
Earnings (TTM)-NOK 437.85m
Revenue (TTM)NOK 4.77m
262.0x
P/S Ratio
-2.9x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOM income statement (TTM)
RevenueNOK 4.77m
Cost of RevenueNOK 214.99m
Gross Profit-NOK 210.21m
Other ExpensesNOK 227.64m
Earnings-NOK 437.85m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

Aug 18, 2026

Earnings per share (EPS)-3.50
Gross Margin-4,403.33%
Net Profit Margin-9,171.64%
Debt/Equity Ratio151.8%

How did NOM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/12 22:07
End of Day Share Price 2026/05/12 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Nordic Mining ASA is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Morten NormannCarnegie Investment Bank AB
Aleksandr SolovjovNorne Securities AS