-
1 Comment
Norwest Minerals Limited is currently in a long term downtrend where the price is trading 6.5% below 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.
Norwest Minerals Limited's total revenue rose by 309.3% to $77K since the same quarter in the previous year.
Its net income has dropped by 156.0% to $-1M since the same quarter in the previous year.
Finally, its free cash flow grew by 79.8% to $-737K since the same quarter in the previous year.
Based on the above factors, Norwest Minerals Limited gets an overall score of 3/5.
Industry | Gold |
---|---|
Sector | Basic Materials |
ISIN | AU0000025280 |
CurrencyCode | AUD |
Exchange | AU |
Market Cap | 10M |
---|---|
PE Ratio | 0.0 |
Dividend Yield | 0.0% |
Target Price | None |
Beta | 0.75 |
Norwest Minerals Limited engages in the mineral exploration business in Australia. The company explores for gold, copper, nickel, rare earth elements, and lithium deposits. It holds a 100% interest in the Bulgera gold project covering an area of 39 square kilometers located in the Plutonic Well Greenstone Belt of Western Australia; the Marriott project consisting of a single mining lease that covers an area of approximately 400 meters square situated in southeast of Leinster; and the Bali copper project covering an area of 41 square kilometers with four prospects identified along the 8-kilometre northwest trending Bali shear zone located to the west of Paraburdoo in Western Australia. The company also holds an 83% interest in the Arunta West gold and copper project covering an area of 840 square kilometers located in Western Australia; and a 84% interest in the Marymia East project comprising two granted exploration tenements covering an area of approximately 230 square kilometers situated in east of the Plutonic Gold Mine. Norwest Minerals Limited was incorporated in 2017 and is headquartered in West Perth, Australia.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for NWM.AU using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024