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 % 4.14
Volume 521,883
Number of Shares (mln) 169
Market Cap (mln) 510
Key figures (NOK thousands) 2016 2017 2018
Consolidated Income Statement

Operating proft/(loss)

-22961 -36206 -60528

Proft/(loss) before tax

-27091 -35573 -68607
Loss for the period -27091 -35573 -68607
Consolidated Balance Sheet

Total assets

103979 77133 101957

Total equity

96970 70158 93234
Total liabilities 7009 6975 8722

Consolidated Cash Flow

Net cash flows (used in) / from operating activities -16796 -39029 -57048
Net cash flows from / (used in) investing activities -26664 -11974 -6581
Net cash flows from financing activities 79764 6438 91984
Cash and cash equivalents at the end of the year 66112 21547 49902
Key indicators
Basic earnings per share -0.36 -0.37 -0.60
Diluted earnings per share -0.36 -0.37 -0.60