Noronex Limited engages in the mineral exploration in Australia, Namibia, Botswana, and Canada. It primarily explores uranium and copper deposits. The company's flagship project is the Witvlei Copper project in 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.
Research context
Noronex Limited appears in PyInvesting’s Australia 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
- AUD
- Sector
- Basic Materials
- Industry
- Copper
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5 years, 6 months ago
Noronex Limited is currently in a long term uptrend where the price is trading 41.9% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Energy sector with a price to sales ratio of 0.0.
Its net income has dropped by 214.2% to $-973K since the same quarter in the previous year.
Finally, its free cash flow fell by 257.3% to $-585K since the same quarter in the previous year.
Based on the above factors, Noronex Limited gets an overall score of 2/5.