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Nordic Iron Ore AB (SE:NIO)
:NIO
RESEARCH TOOLSreports
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Nordic Iron Ore AB
(Frankfurt:NIO)
42Neutral
Nordic Iron Ore AB (NIO) vs. S&P 500 (SPY)
Market Cap
kr366.74M
Dividend YieldN/A
Average Volume (3M)16.19K
Price to Earnings (P/E)―
Beta (1Y)0.02
Revenue GrowthN/A
EPS Growth12.12%
CountrySE
Employees4
SectorBasic Materials
Sector Strength63
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.31
Shares Outstanding67,915,276
10 Day Avg. Volume8,012
30 Day Avg. Volume16,189
Financial Highlights & Ratios
PEG Ratio7.45
Price to Book (P/B)1.43
Price to Sales (P/S)0.00
P/FCF Ratio-33.07
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
Nordic Iron Ore AB Business Overview & Revenue Model
Company DescriptionNordic Iron Ore AB (NIO) is a Swedish mining company focused on the exploration and development of iron ore deposits in the Bergslagen mining district of Sweden. The company aims to revitalize and operate historically significant mining sites, leveraging modern technologies and sustainable practices to produce high-quality iron ore products. NIO's core operations are centered around its key projects in Ludvika, which include the Blötberget, Håksberg, and Väsman mines.
How the Company Makes MoneyNordic Iron Ore AB generates revenue primarily through the extraction, processing, and sale of iron ore. The company capitalizes on its strategically located iron ore deposits in Sweden, which are rich in high-grade mineral content. Once extracted, the iron ore is processed into various products, such as iron ore concentrate, which are then sold to steel manufacturers and other industrial clients globally. The company's revenue streams are bolstered by its strategic partnerships with logistics and transportation firms, ensuring efficient distribution of its products to international markets. Additionally, NIO benefits from favorable market conditions in the steel industry, as demand for high-quality iron ore supports its pricing strategy and revenue growth.
Nordic Iron Ore AB Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | Gross Profit |
| -3.79M | -176.00K | -760.00K | -423.00K | -827.00K | -827.00K | EBIT |
| -14.46M | -11.07M | 9.38M | -8.24M | -8.31M | -9.51M | EBITDA |
| -12.61M | -11.06M | -8.63M | -7.82M | -7.48M | -8.69M | Net Income Common Stockholders |
| -15.20M | -12.93M | -30.33M | -9.43M | -9.74M | -13.51M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 866.00K | 866.00K | 2.72M | 2.81M | 5.20M | 12.96M | Total Assets |
| 170.51M | 170.51M | 169.95M | 165.77M | 164.91M | 166.38M | Total Debt |
| 31.91M | 31.91M | 21.74M | 7.56M | 7.80M | 12.17M | Net Debt |
| 31.04M | 31.04M | 19.02M | 4.75M | 2.61M | -796.00K | Total Liabilities |
| 38.38M | 38.38M | 24.88M | 10.23M | 11.16M | 18.56M | Stockholders Equity |
| 132.13M | 132.13M | 145.07M | 155.54M | 153.75M | 147.83M |
| Cash Flow | Free Cash Flow | ||||
| -11.81M | -10.36M | -13.34M | -12.63M | -12.77M | -19.06M | Operating Cash Flow |
| -11.81M | -8.29M | -8.38M | -9.11M | -11.52M | -6.96M | Investing Cash Flow |
| -3.65M | -2.06M | -4.96M | -3.53M | -1.25M | -12.11M | Financing Cash Flow |
| 126.30M | 8.50M | 13.25M | 10.25M | 5.00M | 22.88M |
Nordic Iron Ore AB Technical Analysis
Positive
5.40
Price Trends
5.32
Positive
5.15
Positive
4.87
Positive
Market Momentum
<0.01
Positive
54.43
Neutral
67.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For SE:NIO, the sentiment is Positive. The current price of 5.4 is above the 20-day moving average (MA) of 5.34, above the 50-day MA of 5.32, and above the 200-day MA of 4.87, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 54.43 is Neutral, neither overbought nor oversold. The STOCH value of 67.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for SE:NIO.
Nordic Iron Ore AB Peers Comparison
Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | kr85.41B | 7.42 | 17.43% | 2.53% | 19.17% | 136.96% | |
69 Neutral | kr58.72B | 11.62 | 7.27% | 4.37% | -11.28% | -56.26% | |
49 Neutral | $1.96B | -1.15 | -21.28% | 3.71% | 1.17% | -30.86% | |
45 Neutral | kr2.17B | ― | -3.81% | ― | ― | -39.55% | |
42 Neutral | kr366.74M | ― | -7.42% | ― | ― | 12.12% |
* Basic Materials Sector Average
Performance Comparison
SE:NIO
Nordic Iron Ore AB
5.40
-0.28
-4.93%
SE:BOL
Boliden AB
300.50
-63.40
-17.42%
SE:SSAB.A
SSAB Corporation
60.78
-0.36
-0.58%
SE:VISC
Copperstone Resources AB Class B
20.10
-2.10
-9.46%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.