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
$0.0130 +0.0%

Updated 9 Sep 2026 · Signals refresh every scan

Appeared in 2 consecutive scansFirst seen: 2026-02-25
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Active Signals

Bullish Signals

  • MACD momentum is losing steam
  • Volume surging at 3.9x normal while price falls — heavy selling pressure
  • Took a hit — down 13.3% over the last 5 days
  • Volume-price trend says buyers are quietly accumulating — price hasn't caught up yet
  • Trading above the 200-day average — the long-term trend is on your side
  • Critical cash runway (0.9 quarters)
  • Strong revenue growth (+99%)
  • Micro-cap ($5-20M) - high risk
  • New substantial holder(s) (2)
  • CANSLIM S: Tight float (42%)
  • 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 (2.01%/day)
  • Altman Z-Score distress zone (0.33 < 1.81, low-confidence approx)
  • Penny stock risk ($0.013)
  • Liquidity risk: 6 zero-volume days in last 20
  • AUD/USD strong (-2pts)
  • RBA hiking (-3pts)

Risk Signals

  • Deeply negative margins (-235%)
  • Not enough chatter to gauge sentiment — defaulting to neutral

Expected next for NRX

15 Oct 2026Quarterly Cash Flow Report (4C)Estimated from past filings
Window: 8 Oct to 22 Oct
The last 5 moved NRX 0.0% on the day, on average — an observation, not a guide to what happens next.
Each date is labelled with how it is known. A date estimated from past filings is inferred from this company's own filing rhythm — it is not a confirmed date and not a statement about what the company intends to do. See the whole ASX calendar →

Recent Catalysts

HIGH Becoming a substantial holder
HIGH Becoming a substantial holder
NONE Change of Director's Interest Notice - RK
NONE Change of Director's Interest Notice - PL
NONE Change of Director's Interest Notice - DP
Announcement tone +3pts

Recent ASX Announcements

2026-09-07 Becoming a substantial holder
2026-09-07 Becoming a substantial holder
2026-09-07 Change of Director's Interest Notice - RK
2026-09-07 Change of Director's Interest Notice - PL
2026-09-07 Change of Director's Interest Notice - DP

Key Metrics

$9.6M
Market Cap
343K
Avg Volume
3.9x
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: 42%
LLeader vs LaggardpassRS: 11
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

535 tickers in this sector

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