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 +0.0%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Above-average volume (1.8x) on a red day — sellers in control
  • Drifting lower — down 6.8% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.81, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Strong cash runway (42 quarters)
  • Pre-revenue with moderate cash ($10-30M)
  • Small-cap ($20-100M)
  • CANSLIM S: Tight float (44%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 47% over the past year
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.63%/day)
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)
  • Calendar: Quarterly 4C in 2d (+5pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
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Recent Catalysts

NONE Further Gold Extensions and Depth Potential at Kopsa North
NONE Notice of initial substantial shareholder from MFG
NONE Executive Director Appointed Managing Director

Recent ASX Announcements

2026-07-16 Further Gold Extensions and Depth Potential at Kopsa North PRICE SENSITIVE
2026-07-02 Notice of initial substantial shareholder from MFG
2026-07-01 Executive Director Appointed Managing Director PRICE SENSITIVE
2026-06-28 Kopsa Drilling Extends Gold-Copper Zone Further to the SE PRICE SENSITIVE
2026-06-14 New Drilling Hits Highest Gold Grade Ever Recorded at Kopsa PRICE SENSITIVE

Key Metrics

$64.1M
Market Cap
216K
Avg Volume
1.8x
Vol Ratio
$0.08 — $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: 44%
LLeader vs LaggardlaggardRS: -3
IInstitutional SponsorshipweakInst: 2%
MMarket DirectionneutralNeutral

Sector: Basic Materials

506 tickers in this sector

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