TSE:NIF - Noranda Income Fund Stock Price, Price Target & More

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C$1.31 +0.06 (+4.80 %)
(As of 06/24/2018 04:00 PM ET)
Previous CloseC$1.25
Today's RangeC$1.26 - C$1.31
52-Week RangeC$1.15 - C$1.78
Volume17,300 shs
Average Volume65,763 shs
Market CapitalizationC$49.11 million
P/E RatioN/A
Dividend YieldN/A
Beta0.42
Noranda Income Fund (the Fund) is a Canada-based open-ended trust. The Fund's primary objective is to provide stable, monthly distributions. The Fund owns an electrolytic zinc processing facility and its ancillary assets (the Processing Facility) located in Salaberry-de-Valleyfield, Quebec. The Processing Facility produces refined zinc metal and various by-products from zinc concentrate purchased from mining operations, and sells refined zinc products to customers in the open market. The Fund produces copper in cake and sulfuric acid as by-products from refining zinc concentrate. The Fund processes approximately 519,510 tons of zinc concentrate. It processes approximately 20,290 tons of secondary zinc concentrate. It operates in Canada and the United States. Its value added products include Jumbo Zinc, Zinc Shot and Granulated zinc. Canadian Electrolytic Zinc Limited acts as the Fund's manager, which is a subsidiary of Glencore Canada Corporation.

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Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolTSE:NIF
CUSIPN/A
Phone+1-819-2815785

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins-12.54%
Return on Equity-22.77%
Return on Assets-10.98%

Miscellaneous

EmployeesN/A
Outstanding Shares37,490,000

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Noranda Income Fund (TSE:NIF) Frequently Asked Questions

What is Noranda Income Fund's stock symbol?

Noranda Income Fund trades on the Toronto Stock Exchange (TSX) under the ticker symbol "NIF."

How were Noranda Income Fund's earnings last quarter?

Noranda Income Fund (TSE:NIF) announced its quarterly earnings data on Friday, April, 27th. The company reported $0.35 EPS for the quarter. The business had revenue of $296.05 million for the quarter. Noranda Income Fund had a negative net margin of 12.54% and a negative return on equity of 22.77%. View Noranda Income Fund's Earnings History.

When is Noranda Income Fund's next earnings date?

Noranda Income Fund is scheduled to release their next quarterly earnings announcement on Tuesday, July, 24th 2018. View Earnings Estimates for Noranda Income Fund.

Who are Noranda Income Fund's key executives?

Noranda Income Fund's management team includes the folowing people:
  • John J. Swidler, Independent Chairman of the Board of Trustees (Age 72)
  • Eva Carissimi, President, Chief Executive Officer of the Manager
  • Michael Boone, Chief Financial Officer, Vice President and Director of the Manager
  • G. Reid Bowlby, Vice President - Marketing of the Manager
  • Ginette Berthel, Corporate Secretary of the Manager
  • Christopher Eskdale, Trustee
  • Yvan Jost, Trustee (Age 33)
  • Jean Pierre Ouellet, Independent Trustee (Age 66)
  • Francois R. Roy, Independent Trustee (Age 61)
  • Barry A. Tissenbaum, Independent Trustee

Has Noranda Income Fund been receiving favorable news coverage?

Press coverage about NIF stock has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Noranda Income Fund earned a news impact score of 0.03 on Accern's scale. They also assigned news articles about the company an impact score of 45.27 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

How do I buy shares of Noranda Income Fund?

Shares of NIF 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 stock can currently be purchased for approximately C$1.31.

How big of a company is Noranda Income Fund?

Noranda Income Fund has a market capitalization of C$49.11 million.

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.


MarketBeat Community Rating for Noranda Income Fund (NIF)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  31 (Vote Outperform)
Underperform Votes:  33 (Vote Underperform)
Total Votes:  64
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 will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NIF will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/24/2018 by MarketBeat.com Staff

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