Market: Oslo
ISIN: NO0013162693
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 25.36
Daily change % 0.12
Volume 232,420
Number of Shares (mln) 108
Market Cap (mln) 2,749
Key figures (NOK thousands) 2021 2022 2023
Consolidated Income Statement

Operating profit/(loss)

-60674 -45920 -46469

Profit/(loss) before tax

5371 202412 -46107
Profit/(loss) for the period 5371 202412 -46107
Consolidated Balance Sheet

Total assets

255288 1514418 3130187

Total equity

245662 454491 1528965
Total liabilities 9626 1059927 1601221

Consolidated Cash Flow

Net cash flows (used in) / from operating activities -59970 -48826 -40990
Net cash flows from / (used in) investing activities -25879 239709 -887365
Net cash flows from financing activities 75711 -62536 1404426
Cash and cash equivalents at the end of the year 32086 164703 634984
Key indicators
Basic earnings per share (NOK) 0.02 0.88 -0.03
Diluted earnings per share (NOK) 0.02 0.75 -0.03

 

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