Market: Oslo
ISIN: NO0010317340
Industry: Diversified Metals & Mining

Nordic Mining ASA (the “Company”) is a resource company with focus on high-end industrial minerals and metals. The Company’s project portfolio is of high international standard and holds significant economic potential. The Company’s assets are in the Nordic region.

Nordic Mining is undertaking a large-scale project development at Engebø on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. Nordic Mining also holds 18.5% of the shares in Keliber Oy, which is developing a lithium project in Finland. Nordic Mining holds rights for exploration of high-purity quartz in Kvinnherad in Norway and at Reinfjord in northern Norway where a prospective area of sulphide mineralisation has been discovered. Nordic Mining is also exploring opportunities related to seabed mineral resources.

Nordic Mining is listed on Oslo Axess with ticker symbol “NOM”.

Currency NOK
Last Closing Price 2.68
Daily change % 5.72
Volume 919,129
Number of Shares (mln) 232
Market Cap (mln) 623
Key figures (NOK thousands) 2019 2020 2021
Consolidated Income Statement

Operating profit/(loss)

-72811 -42528 -60674

Profit/(loss) before tax

1391 -32932 5371
Profit/(loss) for the period 1391 -32932 5371
Consolidated Balance Sheet

Total assets

152415 173652 255288

Total equity

143832 164288 245662
Total liabilities 8583 9364 9626

Consolidated Cash Flow

Net cash flows (used in) / from operating activities -75564 -41764 -59970
Net cash flows from / (used in) investing activities -818 -449 -25879
Net cash flows from financing activities 57099 53817 75711
Cash and cash equivalents at the end of the year 30619 42223 32086
Key indicators
Basic earnings per share 0.01 -0.17 0.02
Diluted earnings per share 0.01 -0.17 0.02