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Nordic Nickel Limited
(Sydney:NNL)
Nordic Nickel Limited (NNL) vs. iShares MSCI Australia ETF (EWA)
Nordic Nickel Limited Business Overview & Revenue Model
Nordic Nickel Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 14.64K | 726.37K | 0.00 | 0.00 |
| Gross Profit | 0.00 | 14.64K | 726.37K | 0.00 | 0.00 |
| EBITDA | 0.00 | 0.00 | -2.44M | -1.64M | 0.00 |
| Net Income | -1.27M | -1.88M | -1.41M | -1.64M | -293.43K |
Balance Sheet | |||||
| Total Assets | 21.11M | 12.27M | 13.71M | 12.09M | 1.85M |
| Cash, Cash Equivalents and Short-Term Investments | 1.82M | 1.13M | 5.39M | 10.75M | 850.22K |
| Total Debt | 0.00 | 110.67K | 0.00 | 0.00 | 31.65K |
| Total Liabilities | 162.66K | 379.62K | 2.05M | 73.94K | 136.30K |
| Stockholders Equity | 20.95M | 11.89M | 11.66M | 12.02M | 1.71M |
Cash Flow | |||||
| Free Cash Flow | -3.07M | -4.67M | -5.03M | -452.28K | -1.79M |
| Operating Cash Flow | -902.25K | -1.54M | -528.69K | -1.40M | -63.17K |
| Investing Cash Flow | -2.17M | -4.67M | -5.03M | -452.28K | -1.71M |
| Financing Cash Flow | 3.76M | 1.97M | 0.00 | 11.75M | 3.81M |
Nordic Nickel Limited 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% | |
47 Neutral | AU$63.93M | -9.13 | -7.51% | ― | ― | ― | |
47 Neutral | AU$12.53M | -2.58 | -11.39% | ― | -28.07% | -29.81% | |
46 Neutral | AU$37.05M | -4.34 | -19.53% | ― | ― | 3.79% | |
45 Neutral | AU$20.58M | -2.74 | -232.47% | ― | ― | -1034.67% | |
41 Neutral | AU$33.14M | -2.58 | -5.94% | ― | -67.81% | -244.10% |
Nordic Nickel Limited Corporate Events
Nordic Resources Ltd has released its interim financial report for the half-year ended 31 December 2025, detailing its consolidated financial performance, position, cash flows and changes in equity. The report, supported by an independent auditor’s review and standard corporate governance disclosures, provides shareholders and the market with updated transparency on the company’s financial health and the status of its exploration tenements.
The release includes the directors’ report, auditor’s independence declaration and a full set of condensed notes to the financial statements, underscoring compliance with regulatory and reporting obligations. While it does not highlight specific operational milestones, the structured disclosure reinforces Nordic Resources’ adherence to market standards, which is relevant for investor assessment of risk, governance and ongoing funding capacity.
The most recent analyst rating on (AU:NNL) stock is a Sell with a A$0.18 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.
Nordic Resources has reported final assay results from its 2025 maiden drill program at the Kopsa gold-copper project in Finland, with three of four new diamond holes extending mineralisation beyond the current resource boundary to the west and southwest. The latest intersections, particularly from hole NRKOP25020, confirm stronger gold continuity and grades to the southwest, supporting the view that the Kopsa system remains open and that the existing resource may be expanded.
The company plans further step-out drilling to the southwest and north as part of its Spring 2026 program, aiming to incorporate new drilling and metallurgical data into an updated Kopsa resource estimate in the third quarter of 2026. With A$12 million in cash at the end of December 2025, Nordic Resources appears well funded to advance this work, which could enhance the scale and quality of the Kopsa deposit and strengthen its strategic position in the regional gold-copper belt.
The most recent analyst rating on (AU:NNL) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.
Nordic Resources has restarted diamond drilling at its Kopsa and Kiimala Trend gold projects in Finland, launching a 3,000-metre program aimed at expanding resources and refining mine planning. The campaign follows encouraging 2025 results at Kopsa that extended mineralisation beyond the current resource and will feed into updated mineral resource estimates for Kopsa and the Angesneva deposit later this year.
Roughly half of the new drilling will target step-out holes at Kopsa alongside ongoing metallurgical test work to improve gold and copper recovery assumptions, while the balance will support maiden drilling at Kiimala, including in-fill and extension holes at Angesneva and Vesipera and scout drilling of untested prospects. The program reinforces Kopsa and Kiimala as core to Nordic’s regional growth strategy, with the company seeking to convert more ounces into higher-confidence categories and to position its Finnish assets for potential near-term development given nearby mills and substantial exploration upside.
The most recent analyst rating on (AU:NNL) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.
Nordic Resources has reported a sixth batch of assay results from its maiden diamond drilling program at the Kopsa gold‑copper project in Finland, covering six holes totalling 1,278 metres. All six holes intersected significant gold‑copper mineralisation outside the existing mineral resource estimate, confirming extensions in poorly tested northern areas beyond the current Kopsa resource boundary.
The latest results, including broad mineralised intervals in holes NRKOP25013, NRKOP25017 and NRKOP25018, substantially extend and in‑fill the northern strike of the deposit and follow earlier drilling that expanded mineralisation to the west, southwest and southeast. With only four holes from the 2025 program still pending and more than A$12 million cash on hand, the company is well funded to pursue further step‑out and follow‑up drilling planned for March to May 2026, which could underpin future resource growth and enhance Kopsa’s strategic position in the region.
The most recent analyst rating on (AU:NNL) stock is a Hold with a A$0.18 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.
Nordic Resources Limited has disclosed a change in director Robert Wrixon’s indirect interest following a corporate transaction involving Northgold AB. His spouse, Kimberly Wrixon, received 2,764,034 fully paid ordinary shares in Nordic Resources through an in-specie distribution after Nordic Resources acquired Northgold AB’s assets and Northgold AB was subsequently liquidated.
The director’s own direct holding in Nordic Resources’ shares and options remains unchanged, but his overall notifiable interest now includes the additional shares held by his spouse. The transaction involved no cash consideration, indicating a structural adjustment to the company’s share register rather than a market trade, and highlights the equity implications of the Northgold AB asset acquisition for insiders.
The most recent analyst rating on (AU:NNL) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.
Nordic Resources has intersected a new, previously unknown higher-grade gold-copper zone on the northern side of its Kopsa deposit in central Finland, with three maiden drillholes in the sparsely drilled northern zone all returning significant mineralisation outside the current resource boundary. A standout intercept of 17 metres at 2.84 g/t gold equivalent at the northern tonalite footwall contact mirrors the high-grade Central Zone style and suggests potential to materially expand the existing 815,000-ounce gold-equivalent resource, with further drilling planned to test depth continuity and additional assays from the 2025 program due in the coming weeks, supported by a cash balance of more than A$12 million.
The most recent analyst rating on (AU:NNL) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.
Nordic Resources has completed an expanded 27-hole, 5,971m diamond drilling program at its Kopsa gold-copper project in Finland, after strong early results from 12 reported holes prompted an increase from the original 4,500m program and confirmed mineralised extensions beyond the existing block model, including shallow depth extensions in the central zone and strike extensions to the southeast, southwest and west. Downhole EM surveys have identified new conductive targets along the largely untested northern contact at Kopsa, detailed metallurgical testwork has commenced, and with over A$10m in fresh institutional capital and a 1.23Moz AuEq regional resource base, the company is positioned to advance drilling from March and continue partner discussions on its Pulju nickel-copper project, potentially strengthening its development pipeline and regional gold strategy in Finland.
The most recent analyst rating on (AU:NNL) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Nordic Nickel Limited stock, see the AU:NNL Stock Forecast page.
Nordic Resources Limited has reported a change in director Robert Wrixon’s interests following the expiry of a tranche of unexercised options. The 267,857 unquoted options, exercisable at A$0.25 and expiring on 27 December 2025, have lapsed without consideration, leaving Wrixon’s holding unchanged in terms of fully paid ordinary shares but reduced in total options. The director continues to hold a substantial equity stake alongside several remaining long-dated options and performance rights, indicating ongoing alignment with shareholder interests despite the rationalisation of his option portfolio.
Nordic Resources Ltd has announced the expiry of 10,975,254 unexercised options with an exercise price of A$0.25, which ceased on 27 December 2025. The lapse of these options slightly simplifies the company’s capital structure by reducing potential future dilution for existing shareholders, although it does not immediately affect issued share capital or operational activities.