Top Page
Norfolk Metals Ltd.
(Sydney:NFL)
Norfolk Metals Ltd. (NFL) vs. iShares MSCI Australia ETF (EWA)
Norfolk Metals Ltd. Business Overview & Revenue Model
Norfolk Metals Ltd. Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 82.33K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 82.33K | 0.00 | -9.44K | 0.00 |
| EBITDA | -643.55K | -673.35K | -758.03K | -653.95K |
| Net Income | -687.23K | -645.95K | -771.49K | -709.03K |
Balance Sheet | ||||
| Total Assets | 6.53M | 5.96M | 5.44M | 6.06M |
| Cash, Cash Equivalents and Short-Term Investments | 2.10M | 3.07M | 3.21M | 4.60M |
| Total Debt | 6.18K | 0.00 | 9.81K | 0.00 |
| Total Liabilities | 373.37K | 85.99K | 196.61K | 98.58K |
| Stockholders Equity | 6.16M | 5.87M | 5.24M | 5.97M |
Cash Flow | ||||
| Free Cash Flow | -1.98M | -1.58M | -1.34M | -570.47K |
| Operating Cash Flow | -443.94K | -555.33K | -541.86K | -234.54K |
| Investing Cash Flow | -1.53M | -994.86K | -801.47K | -299.85K |
| Financing Cash Flow | 1.01M | 1.41M | -43.91K | 5.55M |
Norfolk Metals Ltd. Technical Analysis
Norfolk Metals Ltd. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$38.95M | -6.90 | -61.72% | ― | ― | 8.81% | |
50 Neutral | AU$6.11M | -1.22 | -55.11% | ― | ― | -164.12% | |
49 Neutral | AU$9.19M | -4.43 | -25.70% | ― | -100.00% | 80.33% | |
47 Neutral | AU$12.10M | -7.23 | -11.42% | ― | ― | -1.22% | |
46 Neutral | AU$6.06M | -1.14 | -135.06% | ― | ― | 30.99% | |
36 Underperform | AU$7.11M | -0.78 | -145.66% | ― | ― | 34.61% |
Norfolk Metals Ltd. Corporate Events
Norfolk Metals reported a strong December quarter marked by the completion of Phase 1 of its maiden reverse-circulation drilling campaign at the Carmen Copper Project, delivering multiple higher-grade copper intercepts across 37 RC holes totalling 3,401 metres without safety or environmental incidents. The company also strengthened its balance sheet with a $2.1 million capital raise and a subsequent placement that lifted cash to about A$2.14 million at quarter-end, added experienced director David Fowler to its board, and advanced evaluation work by re-assaying approximately 1,000 metres of historical diamond drill core, positioning it to potentially convert the existing foreign NI 43-101 resource into a future JORC-compliant estimate and enhance its standing among copper-focused explorers.
The most recent analyst rating on (AU:NFL) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Norfolk Metals Ltd. stock, see the AU:NFL Stock Forecast page.
Norfolk Metals Limited has completed a private placement of 20,000,000 fully paid ordinary shares to professional and sophisticated investors, expanding its capital base without issuing a prospectus under Australia’s Corporations Act. The company states it remains compliant with its financial reporting and continuous disclosure obligations and confirms there is no undisclosed price-sensitive information, signalling to existing and prospective shareholders that the new securities are freely tradable on the same regulatory footing as its existing shares and that the equity raising is being conducted within the standard governance framework for ASX-listed issuers.
The most recent analyst rating on (AU:NFL) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Norfolk Metals Ltd. stock, see the AU:NFL Stock Forecast page.
Norfolk Metals Ltd., listed on the ASX under the code NFL, has applied for quotation of 20 million new fully paid ordinary shares, with the securities issued on 16 January 2026 under previously announced arrangements. The move expands the company’s quoted capital base and signals an intention to bring additional previously issued securities onto the market, which may affect liquidity and ownership structure for existing and prospective shareholders.
The most recent analyst rating on (AU:NFL) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Norfolk Metals Ltd. stock, see the AU:NFL Stock Forecast page.
Norfolk Metals Ltd., listed on the ASX under the code NFL, has lodged details of a proposed issue of securities, including ordinary fully paid shares and unquoted options, as part of a capital management initiative. The company plans to issue up to 21 million new ordinary shares and a total of 23 million unquoted options through a placement or similar structure, with a proposed issue date of 27 January 2026, signaling an effort to bolster its capital base that could affect existing shareholders through dilution while potentially supporting future operational or strategic activities.
The most recent analyst rating on (AU:NFL) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Norfolk Metals Ltd. stock, see the AU:NFL Stock Forecast page.
Norfolk Metals has completed Phase 1 of its maiden drilling campaign at the Carmen Copper Project, with final assays from six reverse circulation holes confirming higher-grade primary copper sulphide mineralisation at the Carmen Main area that remains open at depth. The results, which include multiple intercepts above 1% copper and surface rock chip samples up to 1.4% copper on the Higueritas Belt, underpin plans for a Phase 2 diamond drilling program targeting deeper extensions and untested IP anomalies, as well as further surface work and analysis of approximately 1,000 metres of historical core. The company has secured firm commitments for a $2.1 million placement, with additional director participation subject to approval, to fund ongoing exploration and resource evaluation work that could support future modelling of a JORC-compliant resource, reinforcing Norfolk’s position in a copper market seeking new supply sources.
The most recent analyst rating on (AU:NFL) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Norfolk Metals Ltd. stock, see the AU:NFL Stock Forecast page.
Norfolk Metals Limited has issued and allotted 760,209 fully paid ordinary shares to Transcendence, following shareholder approval at its November 2025 AGM, and has confirmed that the issue was conducted without a prospectus in accordance with relevant provisions of the Corporations Act. The company also disclosed that, as of the fourth quarter of 2025, it has solely funded more than A$3 million in exploration expenditure at the Caremn Copper Project within a 36‑month period from June 2025, underscoring its ongoing financial commitment to advancing this key exploration asset.
Norfolk Metals Limited has reported a change in the relevant interests of director David Fowler in the company’s fully paid ordinary shares. Fowler’s indirect holding, via associated entities Huemul Investments Pty Ltd and Transcendence Mining Pty Ltd, increased through the issue and allotment of operator fee shares.
The transaction, approved by shareholders at the company’s annual general meeting on 27 November 2025, resulted in Transcendence Mining Pty Ltd (or its nominees) receiving 760,209 new shares at nil cash consideration, lifting Fowler’s indirect interest in one of the holding entities to 1,185,209 shares. The company confirmed the change did not occur during a closed trading period, indicating compliance with ASX governance and disclosure requirements.
Norfolk Metals Ltd has applied to the ASX for quotation of 760,209 fully paid ordinary shares, issued as Operator Fee Shares to Transcendence (or its nominees) following shareholder approval at the company’s 27 November 2025 annual general meeting. The new securities, to be quoted under the code NFL from 24 December 2025, represent a fee-related equity issue that modestly increases the company’s share capital and formalises previously approved compensation arrangements with the operator, with limited immediate operational impact but incremental dilution for existing shareholders.
Norfolk Metals Ltd is advancing its Carmen Copper Project in Chile by completing environmental and water studies necessary for future exploration and development. The company is on track to submit its Environmental Impact Declaration to Chilean authorities, which will enable expanded exploration activities. Norfolk has also initiated a water supply study to support potential heap leach processing. The establishment of infrastructure and site access has been successful, facilitating ongoing and future exploration efforts.
Norfolk Metals Ltd. has announced the completion of Phase 1 of its Maiden Drill Campaign at the Carmen Copper Project in Chile, revealing promising shallow copper mineralization. The results confirm the potential for a JORC-compliant copper resource, with further assay results expected to enhance resource modeling and future drilling plans.
Norfolk Metals Ltd. announced that all resolutions were passed at their Annual General Meeting, including a special resolution for an additional 10% placement capacity. This outcome reflects strong shareholder support and positions the company to potentially enhance its capital structure, which could impact its ongoing projects and future growth strategies.