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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$8.18M
Enterprise ValueAU$7.16M
Total Cash (Recent Filing)AU$1.01M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta0.89
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
Zero Net DebtA zero-debt capital structure is a durable defensive advantage: it reduces refinancing and interest-rate risk, lowers fixed cash obligations, and preserves optionality to raise capital or invest as revenues scale. This provides flexibility across commodity cycles and during cash burn periods.
Top-line GrowthSustained revenue acceleration from a low base demonstrates commercial traction and creates the potential for operating leverage. If management can stabilize margins and convert incremental sales to cash, persistent top-line growth materially improves the path to profitability and long-term sustainability.
Conservative CapitalizationA conservative balance-sheet score indicates the company enters downturns with less financial strain than leveraged peers. Over months this reduces default and refinancing risk, supports strategic flexibility (e.g., selective investment or capital raises), and helps preserve operating continuity while scaling revenues.
Bears Say
Persistent Cash BurnContinued negative operating cash flow (~-$3.7M) is a structural concern: it erodes liquidity, forces reliance on external funding or dilution, limits reinvestment in the business, and shortens runway. Without sustained cash-flow improvement, financial flexibility and growth options will be constrained.
Widening Net Losses & MarginsA materially negative net margin and widening losses indicate the business has not yet achieved scale economics. Persistently poor margins undermine the ability to convert revenue growth into profitability, making the business model dependent on either margin recovery or continued capital injections.
Eroding Equity BaseRapid erosion of shareholder equity and negative ROE signal capital destruction. A shrinking equity cushion reduces borrowing capacity, increases the probability and cost of future fundraising, and elevates dilution risk—weakening the firm’s ability to absorb operational or commodity shocks.
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$8.18M.
When is Noronex Ltd.’s upcoming earnings report date?
Noronex Ltd.’s upcoming earnings report date is Mar 13, 2026 which is in 4 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
4
5
6
7
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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