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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 Range<AU$0.01 - AU$0.02
Previous CloseN/A
Volume3.85M
Average Volume (3M)900.67K
Market Cap
AU$7.07M
Enterprise ValueAU$5.87M
Total Cash (Recent Filing)AU$1.14M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.32
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding642,965,500
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
Debt-free Balance SheetA zero-debt position materially reduces financial risk for an early-stage copper company, giving management flexibility to time external capital raises, avoid interest burden, and prioritize project investment. This structural balance-sheet strength supports endurance through commodity cycles.
Revenue Growth TrendA ~59% year-on-year revenue increase shows the business is scaling activity and beginning to monetize operations. While from a low base, sustained revenue progression is a durable signal of traction that, if continued, can broaden the margin base and reduce per-unit fixed-cost pressure over time.
Positive Gross ProfitConsistent positive gross profit indicates underlying unit economics are viable after direct costs. This suggests the core copper operations can be profitable at the gross level, leaving operating cost control and scale as the main levers to deliver sustainable company-level profitability over the medium term.
Bears Say
Deep Negative ProfitabilityExtremely negative net margins signal the company is far from breakeven and that operating costs massively exceed revenue. This structural lack of profitability implies an extended path to self-sufficiency, increasing reliance on capital markets and raising execution risk for any multi-quarter recovery plan.
Persistent Cash BurnChronic negative operating and free cash flow demonstrates the business cannot currently fund operations from internal cash generation. Ongoing cash burn forces repeated external funding, which can dilute shareholders and diverts management focus to financing rather than operational execution, limiting long-term options.
Shrinking Equity / Dilution RiskMaterial declines in equity and persistently negative ROE erode the capital buffer and raise the probability of future equity raises. This structural dilution risk constrains the company's ability to finance growth internally and can limit strategic flexibility or increase the cost of future capital.
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$7.07M.
When is Noronex Ltd.’s upcoming earnings report date?
Noronex Ltd.’s upcoming earnings report date is Sep 25, 2026 which is in 70 days.
How were Noronex Ltd.’s earnings last quarter?
Noronex Ltd. released its earnings results on Mar 10, 2026. 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 642,965,500 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 down -14.286%.
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
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10
Blogger Sentiment
Bullish
AU:NRX Sentiment 100%
Sector Average 72%
Sector Average 72%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.88%
12-Months-Change
Fundamentals
Return on Equity
-123.30%
Trailing 12-Months
Asset Growth
48.33%
Trailing 12-Months
Company Description
Noronex Ltd.
Noronex Limited is primarily involved in the exploration of minerals. Their efforts specifically target the discovery of base metals, precious metals, and copper deposits. A key focus is the Witvlei project, situated in Namibia's Kalahari Copper Belt, which encompasses two prospecting licenses spanning approximately 390 square kilometers. Established in 2015, the company maintains its headquarters in Subiaco, Australia. Prior to November 2020, it was known as Lustrum Minerals Limited before officially changing its name to Noronex Limited.
Technical Analysis
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