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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$8.42M
Enterprise ValueAU$7.39
Total Cash (Recent Filing)AU$1.14M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.16
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding647,640,870
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 SheetNo reported debt materially lowers financial risk and increases strategic flexibility for an early-stage copper company. Without interest burdens the firm has more leeway to fund exploration or operations and can structure future raises without immediate leverage constraints.
Revenue Growth (2025)A ~59% revenue increase in 2025 off a low base signals growing commercial traction or asset productivity. Sustained top-line growth supports fixed-cost absorption and is a necessary precursor to margin improvement and eventual scaling of the business model if maintained.
Positive Gross ProfitPositive gross profit across the last two years indicates underlying unit economics cover direct production costs. This provides a structural foundation for profitability if operating expenses are controlled or sales scale, enabling potential sustainable margin expansion.
Bears Say
Persistent Negative Cash FlowOperating and free cash flow have been negative each year, with larger cash burn in 2025 versus 2024. Persistent negative cash generation compels ongoing external funding, constrains reinvestment, and elevates liquidity and dilution risk absent durable cash-flow turnaround.
Deep Ongoing LossesThe company reports very large losses (2025 net margin about -850%), with no clear path to breakeven. Structural unprofitability erodes book value, limits internal financing options, and means long-term viability depends on major cost cuts or substantial and sustained revenue gains.
Shrinking Equity / Dilution RiskMaterial decline in equity between 2024 and 2025 reflects accumulated losses and/or fundraising impacts. Lower equity increases likelihood of additional dilutive capital raises, reduces the balance-sheet buffer against shocks, and heightens funding risk over the medium term.
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$8.42M.
When is Noronex Ltd.’s upcoming earnings report date?
Noronex Ltd.’s upcoming earnings report date is Sep 25, 2026 which is in 36 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 647,640,870 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
Underperform
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10
Blogger Sentiment
Bullish
AU:NRX Sentiment 100%
Sector Average ―
Sector Average ―
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.88%
12-Months-Change
Fundamentals
Return on Equity
―
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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