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$7.02M
Enterprise ValueAU$5.87M
Total Cash (Recent Filing)AU$1.14M
Total Debt (Recent Filing)AU$0.00
Price to Earnings (P/E)―
Beta1.24
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 debt-free balance sheet materially lowers financial risk and interest burdens, giving management flexibility to prioritize exploration or project development without fixed debt servicing. Over 2–6 months this improves resilience to commodity cycles and reduces immediate refinancing pressure.
Revenue Growth & Positive Gross ProfitMeaningful top-line improvement and consecutive positive gross profit indicate the company’s core activities can generate margin. This supports a credible path to operational leverage if volumes rise and operating costs are controlled, making future breakeven more attainable over the medium term.
Copper Industry ExposureAs an early-stage copper company, Noronex sits in a base-metal sector with structural industrial demand. Successful resource conversion and scaled production would align the firm with enduring commodity markets, strengthening long-term revenue prospects if execution progresses.
Bears Say
Persistent Cash BurnSustained negative operating and free cash flow forces ongoing reliance on external financing to fund operations and exploration. Over several months this elevates funding risk, can delay projects, and increases probability of dilutive capital raises that compress existing equity value.
Deep Negative ProfitabilityExtremely negative margins and negative EBITDA show current operations do not cover fixed and operating costs. Persisting at this scale undermines internal funding capacity, weakens returns, and raises execution risk in converting revenue growth into sustainable profits.
Shrinking Equity / Dilution RiskMaterial equity erosion signals prior losses and raises the likelihood the company will seek additional capital. Over the medium term this heightens dilution risk for shareholders and could constrain strategic options if market conditions make fundraising more costly or difficult.
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$7.02M.
When is Noronex Ltd.’s upcoming earnings report date?
Noronex Ltd.’s upcoming earnings report date is Sep 25, 2026 which is in 97 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 ―
Sector Average ―
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 is primarily involved in the exploration of minerals. Their efforts specifically target the discovery of base metals, precious metals, and copper deposits. A key focus is the Witvlei project, situated in Namibia's Kalahari Copper Belt, which encompasses two prospecting licenses spanning approximately 390 square kilometers. Established in 2015, the company maintains its headquarters in Subiaco, Australia. Prior to November 2020, it was known as Lustrum Minerals Limited before officially changing its name to Noronex Limited.
Technical Analysis
―
Cyprium Metals Limited
―
Caravel Minerals Limited
―
Recharge Metals Limited
―
Austral Resources Australia Limited
―
Options Prices
Currently, No data available
---