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Noronex Ltd. (AU:NRX)
ASX:NRX
NRX Stock Chart & Stats
AU$0.01
<AU$0.01(18.18%)
At close: 4:00 PM EST
AU$0.01
<AU$0.01(18.18%)
Day’s Range― - ―
52-Week RangeAU$0.01 - AU$0.03
Previous CloseN/A
Volume3.85M
Average Volume (3M)900.67K
Market Cap
AU$8.81M
Enterprise ValueAU$7.48M
Total Cash (Recent Filing)AU$1.01M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Mar 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding628,993,650
10 Day Avg. Volume1,065,145
30 Day Avg. Volume900,668
Financial Highlights & Ratios
PEG Ratio0.35
Price to Book (P/B)7.00
Price to Sales (P/S)18.09
P/FCF Ratio-1.81
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Zero Debt / Conservative FinancingZero debt is a durable balance-sheet advantage: it lowers refinancing and interest-rate exposure, preserves optionality to structure future funding on favorable terms, and gives the company room to pursue growth or survive cyclical stress without immediate solvency pressure.
Top-line ScalingSustained revenue growth of ~59% year-over-year from a low base indicates the company is starting to scale operations or sales. If maintained, this provides the runway to leverage fixed costs, improve gross margins, and move toward breakeven absent disproportionate rises in operating spend.
Industry Exposure (Copper)Being positioned in the copper sector gives the business durable market relevance tied to ongoing industrial and infrastructure activity. Structural exposure to a core industrial commodity supports long-term demand prospects if the company can convert that into steady production or sales growth.
Bears Say
Worsening Operating Cash BurnOperating cash flow deterioration signals persistent cash burn that undermines financial durability. Continued negative OCF increases dependency on external financing, raises dilution or funding risk, and constrains the company’s ability to invest in scaling or to absorb adverse shocks over the medium term.
Eroding Equity BaseA shrinking equity base materially weakens the company’s capitalization and reduces the cushion against losses. This erosion limits strategic flexibility, worsens leverage metrics if debt is later taken on, and raises the probability of requiring dilutive capital raises to sustain operations.
Persistent Deep Negative MarginsVery large negative margins and widening net losses indicate the business is far from profitable scale. Without material margin improvement or substantial revenue scale, sustained losses threaten long-term viability and make funding more difficult and costly over a multi-quarter horizon.
Noronex Ltd. News
NRX FAQ
What was Noronex Ltd.’s price range in the past 12 months?
Noronex Ltd. lowest share price was AU$0.01 and its highest was AU$0.03 in the past 12 months.
What is Noronex Ltd.’s market cap?
Noronex Ltd.’s market cap is AU$8.81M.
When is Noronex Ltd.’s upcoming earnings report date?
Noronex Ltd.’s upcoming earnings report date is Mar 13, 2026 which is in 16 days.
How were Noronex Ltd.’s earnings last quarter?
Noronex Ltd. released its earnings results on Sep 30, 2025. The company reported -AU$0.001 earnings per share for the quarter, missing the consensus estimate of N/A by -AU$0.001.
Is Noronex Ltd. overvalued?
According to Wall Street analysts Noronex Ltd.’s price is currently Overvalued.
Does Noronex Ltd. pay dividends?
Noronex Ltd. does not currently pay dividends.
What is Noronex Ltd.’s EPS estimate?
Noronex Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Noronex Ltd. have?
Noronex Ltd. has 628,993,650 shares outstanding.
What happened to Noronex Ltd.’s price movement after its last earnings report?
Noronex Ltd. reported an EPS of -AU$0.001 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 6.25%.
Which hedge fund is a major shareholder of Noronex Ltd.?
Currently, no hedge funds are holding shares in AU:NRX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Noronex Ltd. Stock Smart Score
Neutral
1
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3
4
5
6
7
8
9
10
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.88%
12-Months-Change
Fundamentals
Return on Equity
-157.73%
Trailing 12-Months
Asset Growth
-42.21%
Trailing 12-Months
Company Description
Noronex Ltd.
Noronex Limited operates as a mineral exploration company. The company primarily explores for base and precious metals, as well as copper deposits. It focuses on Witvlei project comprising two prospecting licences covering an area of approximately 390 square kilometers 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.
Technical Analysis
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Options Prices
Currently, No data available
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