Noronex Limited [ASX:NRX] share price and news 2022

Company Description

Noronex Limited (NRX, formerly Lustrum Minerals Ltd) is Australian exploration company currently identifying exploration projects in Australia and overseas with the aim of discovering commercially mineral deposits. The Company completed the acquisition of a portfolio of high-grade copper projects in Canada and an option to acquire three prospecting licences that are prospective for sedimentary Cu-Ag mineralisation along the prolific Kalahari Copper Belt that spans Namibia and Botswana.

Noronex Limited belongs to Materials sector and under industry of Copper. You can get more information about this company via their website:

This a small cap company with market cap of 15 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is less than both sector and market. while Company PB is greater than both sector and market. On the other hand, Company Earning is less than both sector and market.

Earnings PE PB PE growth
Company 0 0 3.27 0
Market 0.85 22.3 1.99 0.84
Sector 1.02 15.5 2.44 0.55

Dividend Growth Chart

The following chart shows you how nrx dividend grows in the recent years.

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