NRX

NORONEXLTD FPO [NRX]
Noronex Limited engages in the mineral exploration in Australia, Namibia, and Canada. It primarily explores for uranium and copper deposits. The company's flagship project is the Witvlei Copper project in Namibia. The company was formerly known as Lustrum Minerals Limited and changed its name to Noronex Limited in November 2020. Noronex Limited was incorporated in 2015 and is based in Subiaco, Australia.
Basic Materials · ASX Small Cap
$0.0110 +0.0%

Updated 22 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Volume surging at 4.4x normal while price falls — heavy selling pressure
  • Beating the Small Ords index — relative strength of 1.16, so it's outpacing the pack
  • Critical cash runway (0.9 quarters)
  • Moderate P/S ratio (11.7x)
  • Strong revenue growth (+99%)
  • Micro-cap ($5-20M) - high risk
  • Capital raise activity (1 events)
  • CANSLIM S: Tight float (48%)
  • Sentiment is mixed — no strong consensus either way
  • Revenue growing at +99% — the top line is moving in the right direction
  • The bigger volume days are the up days — volume-weighted momentum is positive (1.87%/day)
  • Altman Z-Score distress zone (-0.19 < 1.81, low-confidence approx)
  • Penny stock risk ($0.011)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Deeply negative margins (-235%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Long-term momentum is negative — down 33% over the past year
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Recent Catalysts

NONE Notice Under Section 708A
NONE Application for quotation of securities - NRX
NONE Notice Under Section 708A

Recent ASX Announcements

2026-07-17 Notice Under Section 708A
2026-07-17 Application for quotation of securities - NRX
2026-07-15 Notice Under Section 708A
2026-07-15 Application for quotation of securities - NRX
2026-07-13 Proposed issue of securities - NRX

Key Metrics

$7.1M
Market Cap
1.7M
Avg Volume
4.4x
Vol Ratio
$0.01 — $0.02
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-126.9%
ROE
-235.4%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 48%
LLeader vs LaggardpassRS: 5
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

506 tickers in this sector

View all Basic Materials signals →Browse all ASX tickers A–Z →
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