Nordic Mining (Norway) Analysis
| NOM Stock | NOK 22.41 0.07 0.31% |
Nordic Mining ASA is overvalued with Real Value of 19.46 and Hype Value of 22.41. The main objective of Nordic Mining stock analysis is to determine its intrinsic value, which is an estimate of what Nordic Mining ASA is worth, separate from its market price. There are two main types of Nordic Mining's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Nordic Mining's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Nordic Mining's stock to identify patterns and trends that may indicate its future price movements.
The Nordic Mining stock is traded in Norway on Oslo Stock Exchange, with the market opening at 09:00:00 and closing at 16:20:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Norway.
Nordic |
Nordic Stock Analysis Notes
About 15.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.93. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nordic Mining ASA had not issued any dividends in recent years. The entity had 20:1 split on the 12th of March 2024. Nordic Mining ASA, together with its subsidiaries, engages in the exploration, extraction, and production of industrial minerals and metals in Norway and internationally. Nordic Mining ASA was founded in 2006 and is based in Oslo, Norway. NORDIC MINING operates under Industrial Metals Minerals classification in Norway and is traded on Oslo Stock Exchange. It employs 7 people. To find out more about Nordic Mining ASA contact the company at 47 22 94 77 90 or learn more at https://www.nordicmining.com.Nordic Mining ASA Investment Alerts
| Nordic Mining ASA generated a negative expected return over the last 90 days | |
| Nordic Mining ASA has accumulated about 32.09 M in cash with (59.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.27. | |
| Roughly 15.0% of the company outstanding shares are owned by corporate insiders |
Nordic Mining Thematic Classifications
In addition to having Nordic Mining stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | CopperCopper production | |
 | SilverSilver mining and silver goods production | |
 | Heavy MetalsIndustrial metals and minerals |
Nordic Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 513.42 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nordic Mining's market, we take the total number of its shares issued and multiply it by Nordic Mining's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 26th of February, Nordic Mining secures the Mean Deviation of 1.46, standard deviation of 2.08, and Risk Adjusted Performance of (0.05). In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Nordic Mining ASA, as well as the relationship between them. Please verify Nordic Mining ASA information ratio, and the relationship between the coefficient of variation and value at risk to decide if Nordic Mining ASA is priced some-what accurately, providing market reflects its recent price of 22.41 per share.Nordic Mining ASA Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Nordic Mining middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Nordic Mining ASA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Nordic Mining Outstanding Bonds
Nordic Mining issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Nordic Mining ASA uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Nordic bonds can be classified according to their maturity, which is the date when Nordic Mining ASA has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Nordic Mining Predictive Daily Indicators
Nordic Mining intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nordic Mining stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Nordic Mining Forecast Models
Nordic Mining's time-series forecasting models are one of many Nordic Mining's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Nordic Mining's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Nordic Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Nordic Mining prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nordic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Nordic Mining. By using and applying Nordic Stock analysis, traders can create a robust methodology for identifying Nordic entry and exit points for their positions.
Nordic Mining ASA, together with its subsidiaries, engages in the exploration, extraction, and production of industrial minerals and metals in Norway and internationally. Nordic Mining ASA was founded in 2006 and is based in Oslo, Norway. NORDIC MINING operates under Industrial Metals Minerals classification in Norway and is traded on Oslo Stock Exchange. It employs 7 people.
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Other Information on Investing in Nordic Stock
Nordic Mining financial ratios help investors to determine whether Nordic Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nordic with respect to the benefits of owning Nordic Mining security.