Noronex Ltd. (AU:NRX)
ASX:NRX
Want to see AU:NRX full AI Analyst Report?
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$6.38M
Enterprise ValueAU$5.24M
Total Cash (Recent Filing)AU$1.14M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.20
Next Earnings
Sep 25, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding638,063,540
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 lowers default risk and preserves strategic optionality for an early-stage copper company. Over a multi-month horizon this reduces near-term liquidity pressure from interest costs, enabling management to prioritize operational investment or exploration without debt service constraints.
Improving RevenueA ~59% revenue increase in 2025 suggests the business is gaining commercial traction from a low base. If sustained, this growth helps absorb fixed costs, improves scale economics and creates a runway to narrow operating losses, making future margin recovery more feasible over the next several quarters.
Positive Gross Profit In Recent YearsPositive gross profit in the last two years indicates underlying unit economics can be viable. This structural sign means the core activity can generate margin before overheads; with disciplined SG&A and scale, gross-profit leverage could translate into sustainable operating margin improvement over months to a few quarters.
Bears Say
Persistent Negative Cash FlowConsistent negative operating and free cash flow shows the company is burning cash rather than generating it, with burn worsening in 2025. This structural drain requires external financing to sustain operations, raising dilution and execution risk and constraining long-term investment flexibility.
Deep Ongoing Operating LossesExtremely negative net margins and recurring operating losses indicate the business is far from breakeven. Absent a sustained, material uplift in revenue or significant cost reduction, losses will persist and erode financial resilience, undermining long-term return prospects and increasing dependency on capital markets.
Falling Equity And Dilution RiskMaterial decline in equity reflects accumulated losses and potential capital raises. This erosion reduces the balance sheet buffer and signals higher likelihood of future dilution to fund operations. Over several months this can weaken investor position and limit strategic flexibility.
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$6.38M.
When is Noronex Ltd.’s upcoming earnings report date?
Noronex Ltd.’s upcoming earnings report date is Sep 25, 2026 which is in 137 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 638,063,540 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
1
2
3
4
5
6
7
8
9
10
Blogger Sentiment
Bullish
AU:NRX Sentiment 100%
Sector Average 75%
Sector Average 75%
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
-123.30%
Trailing 12-Months
Asset Growth
48.33%
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
―
Cyprium Metals Limited
―
Caravel Minerals Limited
―
Recharge Metals Limited
―
Austral Resources Australia Limited
―
Options Prices
Currently, No data available
---