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Nordic Nickel Limited (NNL) AI Stock Analysis
Nordic Nickel Limited
(ASX:NNL)
The low score is driven primarily by persistent losses, negative cash flow, and weak technical positioning below all major moving averages. The largely debt-free balance sheet provides resilience, while oversold momentum indicators offer only limited offsetting support.
Nordic Nickel Limited (NNL) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 59.12M
- Dividend Yield
- ―
- Average Volume (3M)
- 332.11K
- Price to Earnings (P/E)
- -12.3
- Beta (1Y)
- 0.24
- Revenue Growth
- ―
- EPS Growth
- 1.22%
- Country
- Australia
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Industrial Materials
Nordic Nickel Limited Business Overview & Revenue Model
Company Description
Nordic Nickel Limited is dedicated to the exploration and discovery of nickel sulphides and vital battery minerals. Its leading initiative, the Pulju project, is situated in Finland and encompasses a granted exploration license, seven additional lice...
Nordic Nickel Limited Financial Statement Overview
Summary
A debt-light balance sheet and growing equity base are outweighed by persistent operating losses, no meaningful revenue, and consistently negative, volatile cash flow requiring continued external funding.
Income Statement
22NegativeBalance Sheet
72PositiveCash Flow
18Very Negative| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 14.64K | 0 | 0 |
| Gross Profit | 0 | 0 | 0 | 14.64K | 726.37K | 0 |
| EBITDA | -2.02M | -3.06M | 0 | 0 | 0 | -1.64M |
| Net Income | -2.83M | -2.83M | -1.27M | -1.88M | -1.41M | -1.64M |
Balance Sheet | ||||||
| Total Assets | 32.43M | 32.43M | 21.11M | 12.27M | 13.71M | 12.09M |
| Cash, Cash Equivalents and Short-Term Investments | 8.48M | 8.48M | 1.82M | 1.13M | 5.39M | 10.75M |
| Total Debt | 0 | 0 | 0 | 110.67K | 0 | 0 |
| Total Liabilities | 500.44K | 500.44K | 162.66K | 379.62K | 2.05M | 73.94K |
| Stockholders Equity | 31.93M | 31.93M | 20.95M | 11.89M | 11.66M | 12.02M |
Cash Flow | ||||||
| Free Cash Flow | -4.28M | -949.21K | -3.07M | -1.54M | -622.74K | -1.85M |
| Operating Cash Flow | -1.42M | -949.21K | -902.25K | -1.54M | -528.69K | -1.40M |
| Investing Cash Flow | -8.58M | -5.72M | -2.17M | -4.67M | -5.03M | -452.28K |
| Financing Cash Flow | 19.98M | 13.32M | 3.76M | 1.97M | 0 | 11.75M |
Nordic Nickel Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NNL, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.19, and below the 200-day MA of 0.19, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 40.19 is Neutral, neither overbought nor oversold. The STOCH value of 6.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:NNL.
Nordic Nickel Limited Peers Comparison
Overall Rating
AU:NMT45Neutral
AU:BKT43Neutral
AU:COB42Neutral- AU:NNL39Underperform
AU:BSX38Underperform
AU:WIN36Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:NMT | 45Neutral | AUD 23.65M | -2.86 | -43.52% | ― | ― | 76.51% |
| AU:BKT | 43Neutral | AUD 23.63M | -2.97 | -11.28% | ― | ― | 45.59% |
| AU:COB | 42Neutral | AUD 30.55M | -2.79 | -24.22% | ― | ― | -28.87% |
| AU:NNL | 39Underperform | AUD 59.12M | -12.29 | -8.65% | ― | ― | 1.22% |
| AU:BSX | 38Underperform | AUD 44.36M | -2.56 | -16.19% | ― | ― | 46.91% |
| AU:WIN | 36Underperform | AUD 16.32M | -3.52 | -21.01% | ― | ― | 93.65% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:NNL | Nordic Nickel Limited | 0.15 | -0.08 | -35.42% | |
| AU:COB | Cobalt Blue Holdings Ltd. | 0.05 | -0.07 | -58.33% | |
| AU:NMT | Neometals Ltd. | 0.03 | -0.03 | -54.39% | |
| AU:BSX | Blackstone Minerals Ltd | 0.02 | -0.02 | -47.62% | |
| AU:WIN | Widgie Nickel Limited | 0.02 | -0.03 | -61.70% | |
| AU:BKT | Black Rock Mining Limited | 0.01 | -0.01 | -38.89% |
Nordic Nickel Limited Corporate Events
Nordic Resources boosts Kopsa gold resource and metallurgical performance in Finland
Nordic Resources has lifted the interim mineral resource estimate at its Kopsa gold-copper-silver deposit in central Finland to 44.0Mt at 1.07g/t AuEq for 1.52Moz AuEq within an optimised pit shell, with 86% of the resource now in the Measured and In...
Nordic Resources Adds High-Grade Jukulainen Project in Finland’s Gold Belt
Nordic Resources Ltd has expanded its footprint in Finland’s Middle Ostrobothnia Gold Belt by acquiring the Jukulainen gold project from Timalfi Partners Ay. The earlier-stage Jukulainen licence sits near Nordic’s three existing gold proj...
Nordic Resources Issues New Performance Rights and Unquoted Options Under Incentive Scheme
Nordic Resources Ltd has notified the ASX of the issue of 2,000,000 performance rights and a total of 3,750,000 unquoted options under its employee incentive scheme. These securities are unquoted and were issued on 8 October 2026, with new option cla...
Nordic Resources Sets AGM Date and Director Nomination Deadline
Nordic Resources Ltd has scheduled its Annual General Meeting for Wednesday, 25 November 2026, and will release a formal notice and proxy form to shareholders ahead of the event. The meeting will include the election of directors, with nominations du...
Nordic Resources Files 2026 Annual Report with ASX
Nordic Resources Ltd, listed on the Australian Securities Exchange as NNL and headquartered in Perth, operates within the mining and resources sector under a standard ASX-listed corporate framework. Its board comprises a non-executive chairman, an ex...
Nordic Resources Lodges Updated ASX Corporate Governance Statement
Nordic Resources Limited has filed its corporate governance statement for the year to 30 June 2026 with the ASX, confirming compliance with the exchange’s reporting requirements. The statement is made available on the company’s website an...
Nordic Resources lifts Kopsa outlook with strong metallurgical results
Nordic Resources reported strong metallurgical results from its first test program on eleven mineralised samples from the Kopsa gold-copper project in Finland, confirming high recoveries of gold, copper and silver using a conventional grinding, flota...
Nordic Resources to Brief Investors Ahead of Kopsa Resource Update
Nordic Resources Limited, an ASX-listed mineral exploration company, focuses on advancing its Kopsa gold-copper project in Finland within the broader Nordic mining region. Operating from Perth, the company targets investors interested in precious and...
Nordic Resources to Update Investors on Finnish Gold-Copper Growth at RRS Conference
Nordic Resources Limited will showcase its latest operational developments and strategic outlook at the Resources Rising Stars Gold Coast Investor Conference in September 2026. Managing Director Robert Wrixon is set to provide investors with an updat...
Nordic Resources Issues New Shares Following Option Conversions
Nordic Resources Ltd has issued 4,350,000 fully paid ordinary shares following the conversion of unlisted options, with the securities being offered without a prospectus under the disclosure exemptions in the Corporations Act 2001. The company has co...
Nordic Resources Seeks ASX Quotation for 4.35 Million New Shares
Nordic Resources Ltd has applied for quotation of 4,350,000 ordinary fully paid shares on the ASX, with an issue date of August 26, 2026. The new securities arise from the exercise or conversion of existing options or other convertible instruments, e...
Nordic Resources Ramps Up Finland Gold Drilling to Expand Key Resources
Nordic Resources has restarted diamond drilling at its Kopsa gold-copper project in central Finland as part of a 12,000-metre program across its Finnish gold assets in the second half of 2026. A second rig will be added later, and the program is expe...
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.
Date of analysis: Oct 16, 2026