company background image
NOM logo

Nordic Mining OB:NOM Stock Report

Last Price

NOK 23.35

Market Cap

NOK 2.5b

7D

0.6%

1Y

7.1%

Updated

10 Jun, 2025

Data

Company Financials

Nordic Mining ASA

OB:NOM Stock Report

Market Cap: NOK 2.5b

Nordic Mining (NOM) Stock Overview

Engages in the exploration, extraction, and production of industrial minerals and metals in Norway and internationally. More details

NOM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

Risk Analysis

Has less than 1 year of cash runway

Earnings have declined by 3.3% per year over past 5 years

Makes less than USD$1m in revenue (NOK0)


NOM Community Fair Values

Create Narrative

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 23.35
52 Week HighNOK 28.67
52 Week LowNOK 16.50
Beta0.73
1 Month Change18.29%
3 Month Change12.10%
1 Year Change7.11%
3 Year Change-62.70%
5 Year Change-46.93%
Change since IPO-95.14%

Recent News & Updates

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

Jul 04
Is Nordic Mining (OB:NOM) Using Too Much Debt?

Recent updates

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

Jul 04
Is Nordic Mining (OB:NOM) Using Too Much Debt?

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

Dec 05
Does Nordic Mining (OB:NOM) Have A Healthy Balance Sheet?

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

Jul 06
Is Nordic Mining (OB:NOM) Using Debt Sensibly?

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

Nov 16
Nordic Mining's (OB:NOM) Earnings Are Built On Soft Foundations

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

May 12
We're Hopeful That Nordic Mining (OB:NOM) Will Use Its Cash Wisely

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

Jan 11
Is Nordic Mining (OB:NOM) In A Good Position To Invest In Growth?

Shareholder Returns

NOMNO Metals and MiningNO Market
7D0.6%-2.3%1.0%
1Y7.1%-20.1%3.7%

Return vs Industry: NOM exceeded the Norwegian Metals and Mining industry which returned -20.1% over the past year.

Return vs Market: NOM exceeded the Norwegian Market which returned 3.7% over the past year.

Price Volatility

Is NOM's price volatile compared to industry and market?
NOM volatility
NOM Average Weekly Movement7.0%
Metals and Mining Industry Average Movement7.4%
Market Average Movement6.0%
10% most volatile stocks in NO Market13.6%
10% least volatile stocks in NO Market3.5%

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 (7%) 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, extraction, and production of industrial minerals and metals in Norway and internationally. The company primarily explores for rutile, garnet, quartz, and seabed minerals. Its flagship project is the Engebø project located in the west coast of Norway.

Nordic Mining ASA Fundamentals Summary

How do Nordic Mining's earnings and revenue compare to its market cap?
NOM fundamental statistics
Market capNOK 2.53b
Earnings (TTM)-NOK 52.26m
Revenue (TTM)n/a
0.0x
P/S Ratio
-48.4x
P/E Ratio

Is NOM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NOM income statement (TTM)
RevenueNOK 0
Cost of RevenueNOK 35.50m
Gross Profit-NOK 35.50m
Other ExpensesNOK 16.76m
Earnings-NOK 52.26m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 12, 2025

Earnings per share (EPS)-0.48
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio91.7%

How did NOM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/10 09:13
End of Day Share Price 2025/06/06 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

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 4 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
Andreas BertheussenKepler Cheuvreux
Aleksandr SolovjovNorne Securities AS