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Nordic Nickel Limited
(Sydney:NNL)
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Rating:47Neutral
Price Target:
AU$0.19
▲(1.05% Upside)
Action:Reiterated
Date:09/29/26
The score is primarily constrained by weak financial performance—near-zero revenue, expanding operating losses, and persistent negative operating/free cash flow—despite a low-debt balance sheet. Technical indicators are broadly neutral with only mild negative momentum, while valuation is hindered by a negative P/E and no dividend yield data.
Positive Factors
Low Leverage
A largely debt-free balance sheet reduces interest obligations and refinancing pressure while preserving financial flexibility. This gives Nordic Nickel greater capacity to fund exploration, technical studies, and permitting through future capital decisions without the additional constraint of substantial existing leverage.
Negative Factors
Pre-Revenue Loss Profile
Near-zero revenue combined with materially widening operating losses shows that the business has not yet established a self-sustaining commercial model. Continued losses may require additional funding and leave future earnings dependent on successful project development rather than current operating income.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
A largely debt-free balance sheet reduces interest obligations and refinancing pressure while preserving financial flexibility. This gives Nordic Nickel greater capacity to fund exploration, technical studies, and permitting through future capital decisions without the additional constraint of substantial existing leverage.
Read all positive factors
Nordic Nickel Limited (NNL) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$72.47M
Dividend YieldN/A
Average Volume (3M)385.20K
Price to Earnings (P/E)―
Beta (1Y)0.22
Revenue GrowthN/A
EPS Growth1.22%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.01
Shares Outstanding381,397,980
10 Day Avg. Volume237,949
30 Day Avg. Volume385,198
Financial Highlights & Ratios
PEG Ratio7.27
Price to Book (P/B)2.36
Price to Sales (P/S)0.00
P/FCF Ratio-79.25
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
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 l...
How the Company Makes Money
null...
Nordic Nickel Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
64
Positive
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 14.64K | 0.00 | 0.00 |
| Gross Profit | 0.00 | 0.00 | 14.64K | 726.37K | 0.00 |
| EBITDA | -3.06M | 0.00 | 0.00 | -2.44M | -1.64M |
| Net Income | -2.83M | -1.27M | -1.88M | -1.41M | -1.64M |
Balance Sheet | |||||
| Total Assets | 32.43M | 21.11M | 12.27M | 13.71M | 12.09M |
| Cash, Cash Equivalents and Short-Term Investments | 8.48M | 1.82M | 1.13M | 5.39M | 10.75M |
| Total Debt | 0.00 | 0.00 | 110.67K | 0.00 | 0.00 |
| Total Liabilities | 500.44K | 162.66K | 379.62K | 2.05M | 73.94K |
| Stockholders Equity | 31.93M | 20.95M | 11.89M | 11.66M | 12.02M |
Cash Flow | |||||
| Free Cash Flow | -949.21K | -3.07M | -1.54M | -622.74K | -1.85M |
| Operating Cash Flow | -949.21K | -902.25K | -1.54M | -528.69K | -1.40M |
| Investing Cash Flow | -5.72M | -2.17M | -4.67M | -5.03M | -452.28K |
| Financing Cash Flow | 13.32M | 3.76M | 1.97M | 0.00 | 11.75M |
Nordic Nickel Limited Technical Analysis
Positive
0.19
Price Trends
0.20
Positive
0.20
Positive
0.19
Positive
Market Momentum
>-0.01
Negative
52.71
Neutral
58.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:NNL, the sentiment is Positive. The current price of 0.19 is below the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.20, and below the 200-day MA of 0.19, indicating a bullish trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 52.71 is Neutral, neither overbought nor oversold. The STOCH value of 58.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:NNL.
Nordic Nickel Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
47 Neutral | AU$72.47M | -14.96 | -13.77% | ― | ― | 1.22% | |
45 Neutral | AU$25.40M | -3.19 | -43.52% | 26.19% | ― | 76.51% | |
45 Neutral | AU$17.18M | -3.70 | -21.01% | ― | ― | 93.65% | |
44 Neutral | AU$37.01M | -3.44 | -24.22% | ― | ― | -28.87% | |
44 Neutral | AU$23.63M | -2.97 | -11.28% | ― | ― | 45.59% | |
43 Neutral | AU$64.83M | -4.42 | -16.19% | ― | ― | 46.91% |
* Basic Materials Sector Average
AU:NNL
Nordic Nickel Limited
0.19
-0.01
-5.00%
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Nordic Nickel Limited Corporate Events
Nordic Resources Files 2026 Annual Report with ASX
Sep 25, 2026
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...
Nordic Resources Lodges Updated ASX Corporate Governance Statement
Sep 25, 2026
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...
Nordic Resources lifts Kopsa outlook with strong metallurgical results
Sep 23, 2026
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, fl...
Nordic Resources to Brief Investors Ahead of Kopsa Resource Update
Sep 20, 2026
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 ...
Nordic Resources to Update Investors on Finnish Gold-Copper Growth at RRS Conference
Sep 7, 2026
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 up...
Nordic Resources Issues New Shares Following Option Conversions
Aug 26, 2026
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...
Nordic Resources Seeks ASX Quotation for 4.35 Million New Shares
Aug 26, 2026
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...
Nordic Resources Ramps Up Finland Gold Drilling to Expand Key Resources
Aug 3, 2026
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 e...
Nordic Resources Extends Kopsa Gold-Copper Mineralisation with Step-Out Drilling
Jul 21, 2026
Nordic Resources has reported strong assay results from three final diamond drill holes in its Q2 2026 program at the Kopsa gold-copper project in Finland. The step-out holes, drilled 90 to 160 metres southwest of previous work, delivered more tha...
Nordic Resources Elevates Founding Director Wrixon to Managing Director
Jul 1, 2026
Nordic Resources Limited has promoted founding director and current executive director Dr Robert Wrixon to the role of managing director, effective 1 July 2026. The board said the move formalises his long-standing leadership role and is intended t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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.