` NRX (Noronex Ltd) vs S&P/ASX 300 Comparison - Alpha Spread

NRX
vs
S
S&P/ASX 300

Over the past 12 months, NRX has underperformed S&P/ASX 300, delivering a return of -13% compared to the S&P/ASX 300's +3% growth.

Stocks Performance
NRX vs S&P/ASX 300

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NRX
S&P/ASX 300
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Performance Gap
NRX vs S&P/ASX 300

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NRX
S&P/ASX 300
Difference
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Performance By Year
NRX vs S&P/ASX 300

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S&P/ASX 300
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Competitors Performance
Noronex Ltd vs Peers

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Noronex Ltd
Glance View

Market Cap
8.7m AUD
Industry
Metals & Mining

Noronex Ltd. engages in exploration of mineral deposits projects in Australia and overseas. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2017-11-15. The Company’s copper projects include Namibia, Witvlei, Dordabis and the Canadian Projects. The Namibian Project areas are located in central Namibia on the Kalahari Copper belt, over 150 kilometers (kms) east and 100kms south-east of the capital, Windhoek. The Witvlei Project over six project areas have been defined at Witvlei, including Malachite Pan, Okasewa, Christiadore North and South, Witvlei Pos and Gemsbockvley. The Dordabis Project includes a number of deposits, including Koperberg, Swartberg, Balfour and Onverwacht. The Canadian Projects consist of claims in central Ontario, which are approximately 200kms northeast of the town of Thunder Bay. The firm also has an interest in the Consuelo Project in Queensland. The Consuelo Project consists of three coal exploration permits, which are located south of the town of Rolleston in Queensland’s Bowen Basin adjacent to the Rolleston thermal coal mine.

NRX Intrinsic Value
0.0001 AUD
Overvaluation 99%
Intrinsic Value
Price
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