Noronex Share Price and Company Fundamentals



Price
$0.031
Change
-0.004 (-11.429%)
52 week
0.027 - 0.155

Last traded: Today at 5:10 AM

Noronex Limited operates as a mineral exploration company. The company primarily explores for base and precious metals, as well as copper deposit. Its flagship projects include the Witvlei and Dordabis projects comprising three prospecting licenses covering an area of approximately 78,000 hectares located in Kalahari Copper Belt, Namibia. The company was formerly known as Lustrum Minerals Limited and changed its name to Noronex Limited in November 2020. Noronex Limited was incorporated in 2015 and is based in Subiaco, Australia.

Key Metrics

PE ratio

-

PB ratio

0.93

Dividend yield

0.00%

Beta

2.85

Market cap

-

Enterprise value

-

Company profile

Primary activitiesExploration and development of an advanced portfolio of copper projects in Canada and Namibia
Industry / SectorCopper / Basic Materials
Websitehttps://noronexlimited.com.au
Mailing address295 Rokeby Road Suite 1 Subiaco WA 6008 Australia
Phone / Fax61 8 6555 2950 / 61 8 6166 0261
Share registryAUTOMIC REGISTRY SERVICES

Dividends

More: Noronex Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Noronex paid $0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NRX dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

NRX's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Oct 2022, following are the company executives and directors listed on Noronex.

NameTitleAgeTotal Pay
Mr. James Thompson B.Com., C.A., L.L.B., B.Comm, LLB, CA, FINSIAExec. Director52187.99k
Mr. Bruce HooperChief Geologist
Mr. Sebastian AndreCompany Sec.

Profitability and management effectiveness

Profit margin

0.00%

Operating margin

-67,928.01%

Return on assets

-66.12%

Return on equity

-113.30%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Noronex is and its enterprise value is .

The NRX's stocks Beta value is 2.85 making it 185% more volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Noronex (NRX)

Noronex (ASX:NRX) Frequently Asked Questions

1. What is Noronex's Stock Symbol?

Noronex trades on ASX under the ticker symbol "NRX".

2. What is Noronex's stock price today?

One share of NRX stock can currently be purchased for approximately $0.031.

3. How can I contact Noronex?

Noronex's mailing address is 295 Rokeby Road Suite 1 Subiaco WA 6008 Australia. The company can be reached via phone at 61 8 6555 2950.

4. What is Noronex's official website?

The official website of Noronex is https://noronexlimited.com.au.

5. Which share registry manages Noronex's stock?

Noronex's stock is managed by AUTOMIC REGISTRY SERVICES.