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 3.02
Daily change % -1.15
Volume 275,939
Number of Shares (mln) 229
Market Cap (mln) 693
Key figures (NOK thousands) 2018 2019 2020
Consolidated Income Statement

Operating profit/(loss)

-64234 -72811 -42528

Profit/(loss) before tax

-72312 1391 -32932
Profit/(loss) for the period -72312 1391 -32932
Consolidated Balance Sheet

Total assets

99564 152415 173652

Total equity

89529 143832 164288
Total liabilities 10035 8583 9364

Consolidated Cash Flow

Net cash flows (used in) / from operating activities -57048 -75564 -41764
Net cash flows from / (used in) investing activities -6581 -818 -449
Net cash flows from financing activities 91984 57099 53817
Cash and cash equivalents at the end of the year 49902 30619 42223
Key indicators
Basic earnings per share -0.63 0.01 -0.17
Diluted earnings per share -0.63 0.01 -0.17