51MEDIUM

NNL

NORDICRESO FPO [NNL]
Nordic Resources Limited engages in the exploration of mineral properties. It explores for copper, nickel, cobalt, and gold minerals. The company's flagship project is the Kopsa Gold-Copper Project located in Finland. The company was formerly known as Nordic Nickel Limited and changed its name to Nordic Resources Limited in December 2024. Nordic Resources Limited was incorporated in 2021 and is based in Perth, Australia.
Basic Materials · ASX Small Cap
$0.1700 +9.7%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical59
Catalyst51
Sentiment50
Fundamental74
Momentum75
Risk Gate50
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Active Signals

Bullish Signals

  • On a tear — up 25.9% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.88, underperforming its peers
  • Trading above the 200-day average — the long-term trend is on your side
  • Strong cash runway (42 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • Small-cap ($20-100M)
  • CANSLIM S: Tight float (46%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 153% over the past year (excluding last month)
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.61%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)

Risk Signals

  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Change in substantial holding
NONE Half Yearly Report and Accounts - 31 December 2025
NONE Change in substantial holding

Recent ASX Announcements

2026-03-23 Change in substantial holding
2026-03-16 Half Yearly Report and Accounts - 31 December 2025
2026-03-15 Change in substantial holding
2026-03-08 Final 2025 Drill Results Further Expand Kopsa Gold Deposit PRICE SENSITIVE
2026-03-02 Drilling Re-Starts at Finland Gold Projects PRICE SENSITIVE

Key Metrics

$63.9M
Market Cap
641K
Avg Volume
1.2x
Vol Ratio
$0.05 — $0.28
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-11.2%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 46%
LLeader vs LaggardlaggardRS: -3
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #122 of 558 · Sector avg: 46

View all Basic Materials signals →
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