Noront Resources Ltd., a resource company, engages in the acquisition, development, and exploration of base and precious metals in Canada. It explores for nickel, copper, zinc, platinum group metals, chromite, iron, titanium, vanadium, gold, and silver. The company's flagship property is the Eagle's Nest project located in the James Bay Lowlands, Ontario. The company was formerly known as White Wing Resources Inc. and changed its name to Noront Resources Ltd. in July 1983. Noront Resources Ltd. was incorporated in 1980 and is headquartered in Toronto, Canada. As of April 7, 2022, Noront Resources Ltd. was taken private.
Research context
Noront Resources Ltd appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Noront Resources Ltd is currently in a long term uptrend where the price is trading 45.0% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Noront Resources Ltd's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 44.2% to $-3M since the same quarter in the previous year.
Finally, its free cash flow grew by 25.2% to $-1M since the same quarter in the previous year.
Based on the above factors, Noront Resources Ltd gets an overall score of 4/5.