Noront Resources Ltd
F:NQ1

Watchlist Manager
Noront Resources Ltd Logo
Noront Resources Ltd
F:NQ1
Watchlist
Price: 0.787 EUR -1.25%
Market Cap: €444.7m

P/E

-9.4
Current
No historical data
Comparison unavailable

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-9.4
=
Market Cap
€615m
/
Net Income
CA$-65.3m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-9.4
=
Market Cap
€615m
/
Net Income
CA$-65.3m

Valuation Scenarios

Noront Resources Ltd is trading above its industry average

If P/E returns to its Industry Average (25.5), the stock would be worth €-2.13 (371% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-371%
Maximum Upside
No Upside Scenarios
Average Downside
334%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -9.4 €0.79
0%
Industry Average 25.5 €-2.13
-371%
Country Average 18.6 €-1.56
-298%

Forward P/E
Today’s price vs future net income

Not enough data available to calculate forward P/E

Peer Comparison

Market Distribution

Lower than 100% of companies in Canada
Percentile
0th
Based on 1 768 companies
0th percentile
-6.7
Low
0 — 14.2
Typical Range
14.2 — 29.3
High
29.3 —
Distribution Statistics
Canada
Min 0
30th Percentile 14.2
Median 18.6
70th Percentile 29.3
Max 19 628.5

Noront Resources Ltd
Glance View

Market Cap
444.7m EUR
Industry
Metals & Mining

Noront Resources Ltd. engages in the development, exploration, and acquisition mineral properties. The company is headquartered in Toronto, Ontario. The firm's assets consist of its flagship Eagle's Nest nickel-copper-platinum-palladium deposit, deposits of high grade chromite and copper-zinc volcanic massive sulphide (VMS) deposits which are part of the Company's McFauld's Lake Project. The assets are located primarily in Ring of Fire (ROF) in the James Bay Lowlands, Ontario. Eagle's Nest is the Company's most advanced mining project in the ROF. The firm holds a 75% interest in the Butler and Sanderson Properties located in the ROF. The firm also holds 100% interest in Blackbird chromite discovery, which is located less than one kilometers from Eagle’s Nest. Its Black Thor chromite deposit is located eight kilometers to the northeast of Eagle’s Nest.

NQ1 Intrinsic Value
Not Available
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett