About Noranda Income Fund (TSE:NIF)
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.
Industry, Sector and Symbol:
- Trailing P/E Ratio:
- P/E Growth:
- Net Margins: 2.76%
- Return on Equity: 13.33%
- Return on Assets: 6.51%
Frequently Asked Questions for Noranda Income Fund (TSE:NIF)
What is Noranda Income Fund's stock symbol?
Noranda Income Fund trades on the Tornton Stock Exchange (TSX) under the ticker symbol "NIF."
When will Noranda Income Fund make its next earnings announcement?
Who are some of Noranda Income Fund's key competitors?
Some companies that are related to Noranda Income Fund include Colliers International Group (CIG), Kirkland Lake Gold Ltd (NMI), Osisko Mining Corp (OBM), Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Enbridge (ENB), Canadian National Railway Company (CNR), Suncor Energy (SU), Bank of Montreal (BMO), TransCanada (TRP), BCE (BCE), Manulife Financial Corp. (MFC), Canadian Natural Resources Limited (CNQ), Canadian Imperial Bank of Commerce (CM), Thomson Reuters Corp (TRI), Great-West Lifeco (GWO) and Imperial Oil Ltd (IMO).
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
- 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
- Jean Pierre Ouellet, Independent Trustee
- Francois R. Roy, Independent Trustee
- Barry A. Tissenbaum, Independent Trustee
How do I buy Noranda Income Fund stock?
MarketBeat Community Rating for Noranda Income Fund (TSE NIF)MarketBeat's community ratings are surveys of what our community members think about Noranda Income Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Shares of Noranda Income Fund 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.
Consensus Ratings for Noranda Income Fund (TSE:NIF) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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Analysts' Ratings History for Noranda Income Fund (TSE:NIF)
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Earnings History for Noranda Income Fund (TSE:NIF)
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Earnings Estimates for Noranda Income Fund (TSE:NIF)
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Dividend History for Noranda Income Fund (TSE:NIF)
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Insider Trading History for Noranda Income Fund (TSE:NIF)
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Headline Trends for Noranda Income Fund (TSE:NIF)
Latest Headlines for Noranda Income Fund (TSE:NIF)
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Noranda Income Fund (NIF) Chart for Wednesday, October, 18, 2017