TSE:NIF.UNNoranda Income Fund Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Noranda Income Fund Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add C$1.15 +0.06 (+5.50 %) (As of 05/28/2020 09:08 AM ET) Add Compare Share Today's RangeC$1.08Now: C$1.15▼C$1.1550-Day RangeC$1.09MA: C$1.27▼C$1.4852-Week RangeC$1.03Now: C$1.15▼C$2.91Volume84,100 shsAverage Volume65,763 shsMarket CapitalizationC$43.11 millionP/E Ratio1.86Dividend YieldN/ABetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendHeadlinesSocial Media Noranda Income Fund operates as an income trust. The company owns electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Québec that produces refined zinc metal and various by-products from zinc concentrate. Its products include jumbo zinc, a product customized with alloy for steel customers to enhance the productivity of galvanizing lines; zinc shot, a product that is used to produce electro-galvanized steel for the car industry; and granulated zinc that is used in the production of fertilizers and reagents for the pulp and paper industry. The company's by-products comprise copper cake, cadmium, and sulphuric acid. It serves customers in Canada, the United States, and internationally. The company was founded in 1963 and is headquartered in Toronto, Canada.Read More Beat the Market (BTM) Rank™ 3.5 Analyst's Opinion Consensus RatingNoranda Income Fund has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$3.25, Noranda Income Fund has a potential upside of 182.6% from its current price of C$1.15.Amount of Analyst CoverageNoranda Income Fund has only been the subject of 1 research reports in the past 90 days. Previous Next 3.3 Community Rank Outperform VotesNoranda Income Fund has received 108 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNoranda Income Fund has received 56 “underperform” votes. (Add your “underperform” vote.)Community SentimentNoranda Income Fund has received 65.85% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Noranda Income Fund and other stocks. Vote “Outperform” if you believe NIF.UN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe NIF.UN will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldNoranda Income Fund does not currently pay a dividend.Dividend GrowthNoranda Income Fund does not have a long track record of dividend growth. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Noranda Income Fund insiders have not sold or bought any company stock. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Noranda Income Fund is 1.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.90.Price to Earnings Ratio vs. SectorThe P/E ratio of Noranda Income Fund is 1.86, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 13.47.Price to Book Value per Share RatioNoranda Income Fund has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 3.3Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.74 out of 5 stars Industry, Sector and Symbol Stock Exchange TSE Industry Asset Management Sub-IndustryN/A SectorFinancial Services Current SymbolTSE:NIF.UN Previous Symbol CUSIPN/A CIKN/A Webwww.norandaincomefund.com Phone+1-819-2815785Debt Debt-to-Equity Ratio76.08 Current Ratio1.36 Quick Ratio0.56Price-To-Earnings Trailing P/E Ratio1.86 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual SalesC$715.93 million Price / Sales0.06 Cash FlowC$0.02 per share Price / Cash Flow47.50 Book ValueC$4.80 per share Price / Book0.24Profitability EPS (Most Recent Fiscal Year)N/A Net IncomeN/A Net MarginsN/A Return on EquityN/A Return on AssetsN/AMiscellaneous Employees537 Outstanding Shares37,490,000Market CapC$43.11 million Next Earnings DateN/A OptionableNot Optionable TSX:NIF.UN Rates by TradingView Receive NIF.UN News and Ratings via Email Sign-up to receive the latest news and ratings for NIF.UN and its competitors with MarketBeat's FREE daily newsletter. Noranda Income Fund (TSE:NIF.UN) Frequently Asked Questions How has Noranda Income Fund's stock been impacted by COVID-19 (Coronavirus)? Noranda Income Fund's stock was trading at C$1.68 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, NIF.UN shares have decreased by 31.5% and is now trading at C$1.15. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Noranda Income Fund? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Noranda Income Fund in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Noranda Income Fund. What price target have analysts set for NIF.UN? 1 analysts have issued 12 month target prices for Noranda Income Fund's stock. Their forecasts range from C$3.25 to C$3.25. On average, they anticipate Noranda Income Fund's stock price to reach C$3.25 in the next year. This suggests a possible upside of 182.6% from the stock's current price. View analysts' price targets for Noranda Income Fund. Has Noranda Income Fund been receiving favorable news coverage? Press coverage about NIF.UN stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Noranda Income Fund earned a coverage optimism score of -1.7 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutNoranda Income Fund. Who are some of Noranda Income Fund's key competitors? Some companies that are related to Noranda Income Fund include Unicorn AIM VCT (UAV), City Merchants High Yield Trust (CMHY), Cadence Capital (CDM), Baronsmead Second Venture Trust (BMD), INVESCO Asia Trust (IAT), Schroder Income Growth Fund (SCF), Keystone Investment Trust (KIT), Henderson Diversified Income (HDIV), Wam Microcap (WMI), Oxford Lane Capital (OXLC), JPMorgan US Smaller Co Inv Trust (JUSC), APN Property Group (APD), Baronsmead Venture Trust (BVT), Residential Secure Income (RESI) and Dundee (DC.A). View all competitors. Who are Noranda Income Fund's key executives? Noranda Income Fund's management team includes the following people: Mr. Paul Einarson, VP & CFO of Canadian Electrolytic Zinc LimitedLiana Centomo, CEO & Pres of Canadian Electrolytic Zinc LimitedMartin Fillion, Chief Operating Officer of Canadian Electrolytic Zinc LimitedMr. Ginette Berthel, Corp. Sec. of Canadian Electrolytic Zinc Limited What is Noranda Income Fund's stock symbol? Noranda Income Fund trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NIF.UN." How do I buy shares of Noranda Income Fund? Shares of NIF.UN and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab. What is Noranda Income Fund's stock price today? One share of NIF.UN stock can currently be purchased for approximately C$1.15. How big of a company is Noranda Income Fund? Noranda Income Fund has a market capitalization of C$43.11 million and generates C$715.93 million in revenue each year. Noranda Income Fund employs 537 workers across the globe. What is Noranda Income Fund's official website? The official website for Noranda Income Fund is www.norandaincomefund.com. How can I contact Noranda Income Fund? Noranda Income Fund's mailing address is 1st Can Place Suite 6900 Stn 1st Can Place PO Box 403, TORONTO, ON M5X 1E3, Canada. The company can be reached via phone at +1-819-2815785. This page was last updated on 5/28/2020 by MarketBeat.com Staff
