` NWM (Norwest Minerals Ltd) vs S&P/ASX 300 Comparison - Alpha Spread

NWM
vs
S
S&P/ASX 300

Over the past 12 months, NWM has underperformed S&P/ASX 300, delivering a return of -46% compared to S&P/ASX 300's 3% drop.

Stocks Performance
NWM vs S&P/ASX 300

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NWM
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Performance Gap
NWM vs S&P/ASX 300

Performance Gap Between NWM and AXKO
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Performance By Year
NWM vs S&P/ASX 300

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Competitors Performance
Norwest Minerals Ltd vs Peers

S&P/ASX 300
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Norwest Minerals Ltd
Glance View

Market Cap
9.5m AUD
Industry
Metals & Mining

Norwest Minerals Ltd. engages in the business of seeking to exploit and mine natural resources. The company is headquartered in Perth, Western Australia. The company went IPO on 2018-11-29. The firm is focused on exploration of highly prospective assets, including rare earth elements (REE), copper, gold and base metals. Its projects include Bulgera, Marymia East, Bali, Arunta West and Marriott. The Bulgera Gold Project is located approximately 200 kilometers (km) north of Meekatharra in the seven million ounces (moz) gold Plutonic Well greenstone belt. The Bali Copper Project is located 75 km west of Paraburdoo in Western Australia. The Bali Project includes an eight km long shear being a faulted zone proven to host copper, lead, zinc and silver mineralization. The Arunta West Rare Earth project is located in Western Australia, over 600 km west of Alice Springs. The tenements cover a ground holding of 1600 square kilometers (km2) along the Arunta belt. The Marriott Project is located 70 km southeast of the nickel mining and processing center of Leinster, and 80 km from Leonora.

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