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 2.33
Daily change % 1.30
Volume 196,439
Number of Shares (mln) 197
Market Cap (mln) 460
Key figures (NOK thousands) 2017 2018 2019
Consolidated Income Statement

Operating profit/(loss)

-36206 -64234 -72811

Profit/(loss) before tax

-35573 -72312 1391
Profit/(loss) for the period -35573 -72312 1391
Consolidated Balance Sheet

Total assets

77133 99564 152168

Total equity

70158 89529 143832
Total liabilities 6975 10035 8336

Consolidated Cash Flow

Net cash flows (used in) / from operating activities -39029 -57048 -75564
Net cash flows from / (used in) investing activities -11974 -6581 -818
Net cash flows from financing activities 6438 91984 57099
Cash and cash equivalents at the end of the year 21547 49902 30619
Key indicators
Basic earnings per share -0.37 -0.63 0.01
Diluted earnings per share -0.37 -0.63 0.01