Nordic Mining (OB:NOM) - Stock Price, News & Analysis

NOM Stock Overview

Nordic Mining ASA, together with its subsidiaries, engages in the exploration, extraction, and production of industrial minerals and metals in Norway and internationally.

About the company

NOM fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

Rewards

Risk Analysis

Nordic Mining ASA Competitors

Green Minerals

OB:GEM

kr81.8m

Rana Gruber

OB:RANA

kr3.0b

Norske Skog

OB:NSKOG

kr3.3b

Tekna Holding

OB:TEKNA

kr753.9m

Price History & Performance

Summary of all time highs, changes and price drops for Nordic Mining
Historical stock prices
Current Share Price	kr19.90
52 Week High	kr21.20
52 Week Low	kr10.40
Beta	0.98
1 Month Change	17.33%
3 Month Change	29.39%
1 Year Change	63.38%
3 Year Change	-61.28%
5 Year Change	-62.17%
Change since IPO	-95.85%

Recent updates

Shareholder Returns

	NOM	NO Metals and Mining	NO Market
7D	-4.0%	-2.1%	-0.5%
1Y	63.4%	-11.7%	2.9%

Price Volatility

Is NOM's price volatile compared to industry and market?
NOM volatility
NOM Average Weekly Movement	5.2%
Metals and Mining Industry Average Movement	6.2%
Market Average Movement	5.1%
10% most volatile stocks in NO Market	10.5%
10% least volatile stocks in NO Market	2.9%

About the Company

Founded	Employees	CEO	Website
2006	10	Ivar Fossum	www.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 cap	kr2.16b
Earnings (TTM)	-kr46.11m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-46.8x

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)
Revenue	kr0
Cost of Revenue	kr0
Gross Profit	kr0
Other Expenses	kr46.11m
Earnings	-kr46.11m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)	-0.43
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	92.9%

How did NOM perform over the long term?

See historical performance and comparison

NOM Stock Overview

Rewards

Risk Analysis

Nordic Mining ASA Competitors

OB:GEM

kr81.8m

OB:RANA

kr3.0b

OB:NSKOG

kr3.3b

OB:TEKNA

kr753.9m

Price History & Performance

Recent News & Updates

Nordic Mining ASA Wins Against AMR on All Counts at the Supreme Court

Nordic Mining ASA Wins Against AMR on All Counts at the Supreme Court

Interim Chief Financial Officer recently bought kr502k worth of stock

New minor risk - Share price stability

Jens Gisle Schnelle Accepts the Role of Interim CFO of Nordic Mining ASA, Effective February 1, 2024

Nordic Mining Asa Announces Resignation of Jens Gisle Schnelle from His Position as CFO

Recent updates

Nordic Mining ASA Wins Against AMR on All Counts at the Supreme Court

Nordic Mining ASA Wins Against AMR on All Counts at the Supreme Court

Interim Chief Financial Officer recently bought kr502k worth of stock

New minor risk - Share price stability

Jens Gisle Schnelle Accepts the Role of Interim CFO of Nordic Mining ASA, Effective February 1, 2024

Nordic Mining Asa Announces Resignation of Jens Gisle Schnelle from His Position as CFO

Nordic Mining ASA to Report Q3, 2024 Results on Nov 05, 2024

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

Nordic Mining Appoints Jens Gisle Schnelle as New Chief Financial Officer, Effective from 15 October 2023

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

Chief Financial Officer recently sold kr365k worth of stock

Nordic Mining ASA Announces Appointment of Tom Lileng as New Board Member

Investor sentiment improves as stock rises 16%

Investor sentiment improved over the past week

Nordic Mining ASA to Report Q1, 2023 Results on May 10, 2023

Insufficient new directors

Nordic Mining ASA Advances Construction Work at Engebø

Sibanye Stillwater Limited (JSE : SSW) completed the acquisition of additional 20% stake in Keliber Oy from Nordic Mining ASA (OB : NOM).

Nordic Mining ASA Appoints Maurice Kok as Commercial Director

Sibanye Stillwater Limited (JSE : SSW) agreed to acquire 20% stake in Keliber Oy from Nordic Mining ASA (OB : NOM) for €46.9 million.

Nordic Mining ASA Announces Keliber Reports Maiden Mineral Resource Estimate for New Tuoreetsaaret Deposit

Nordic Mining ASA Announces Keliber Completes First Three Phases of Four-Phase Pilot-Scale Test Programme

Insufficient new directors

Chief Executive Officer exercised options to buy kr3.6m worth of stock.

Investor sentiment improved over the past week

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

Chief Executive Officer recently bought kr101k worth of stock

Nordic Mining Asa Measures and Indicates Mineral Resources of Keliber's Rapasaari Lithium Deposit Increases by More Than 30%

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

Nordic Mining ASA has completed a Follow-on Equity Offering in the amount of NOK 80 million.

Nordic Mining ASA Decides to Use Electrical Dryers Instead of Gas Fueled Dryers in the Mineral Processing of Rutile and Garnet At Engebø

New 90-day high: kr2.40

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

Nordic Mining ASA to Report Q4, 2021 Results on Feb 08, 2022

Nordic Mining ASA Announces Final approval for Engebø water pipeline

Nordic Mining ASA Undertakes Large-Scale Project Development At Engebø on the West Coast of Norway

Nordic Mining ASA Announces the Approval of the Water Pipeline for the Engebø Project by Chairmanship

New 90-day high: kr2.29

New 90-day low: kr1.98

New 90-day low - kr2.03

Shareholder Returns

Price Volatility

About the Company

Nordic Mining ASA Fundamentals Summary

0.0x

-46.8x

Earnings & Revenue