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 0.79
Daily change % 1.80
Volume 6,146,647
Number of Shares (mln) 2,168
Market Cap (mln) 1,717
Key figures (NOK thousands) 2020 2021 2022
Consolidated Income Statement

Operating profit/(loss)

-42528 -60674 -45920

Profit/(loss) before tax

-32932 5371 202412
Profit/(loss) for the period -32932 5371 202412
Consolidated Balance Sheet

Total assets

173652 255288 1514418

Total equity

164288 245662 454491
Total liabilities 9364 9626 1059927

Consolidated Cash Flow

Net cash flows (used in) / from operating activities -41764 -59970 -48826
Net cash flows from / (used in) investing activities -449 -25879 239709
Net cash flows from financing activities 53817 75711 -62536
Cash and cash equivalents at the end of the year 42223 32086 164703
Key indicators
Basic earnings per share (NOK) -0.17 0.02 0.88
Diluted earnings per share (NOK) -0.17 0.02 0.75