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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$0.02
Previous CloseN/A
Volume3.85M
Average Volume (3M)900.67K
Market Cap
AU$8.49M
Enterprise ValueAU$7.79M
Total Cash (Recent Filing)AU$1.01M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.77
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
Conservative Balance Sheet (no Debt)Zero debt materially lowers refinancing and interest-rate risk for a loss-making miner. This structural conservatism preserves optionality and reduces fixed financing costs, giving management more time to scale revenues or pursue non-dilutive funding before leverage is required.
Revenue ScalingTop-line growth of ~59% YoY indicates the business is beginning to scale revenue from a low base. If sustained, this trajectory can enable operating leverage, improve margins over time, and form the basis for durable cash generation as fixed costs are amortized across higher sales.
Industry Exposure (Copper)Operating in the copper industry provides exposure to a basic-materials sector with long-term industrial demand drivers. Structural sector placement can support project economics and investor interest over time, assuming the company can translate resources into scalable production.
Bears Say
Worsening Cash BurnOperating cash flow deteriorated to roughly -$3.7M, showing accelerating cash burn. Persistent negative operating and free cash flow creates ongoing funding dependence, raises dilution risk, and constrains capital allocation until core operations generate positive cash.
Deepening Net Losses And MarginsA widened FY2025 net loss and an extreme negative net margin indicate current revenues do not cover operating costs. Such deep unprofitability suggests structural cost or scale issues that must be resolved for durable profitability and sustainable cash generation.
Eroding Equity BaseEquity shrinking from ~$3.0M to ~$1.0M and sharply negative ROE signal erosion of shareholder capital. This weak capitalization reduces financial flexibility, heightens vulnerability to shocks, and increases likelihood of dilutive financing or difficult funding terms.
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$0.02 in the past 12 months.
What is Noronex Ltd.’s market cap?
Noronex Ltd.’s market cap is AU$8.49M.
When is Noronex Ltd.’s upcoming earnings report date?
Noronex Ltd.’s upcoming earnings report date is Mar 13, 2026 which is in 14 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
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5
6
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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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