NORTHERN MINERALS LIMITED (NTU)
Share Price Analysis and Chart

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NTU - NORTHERN MINERALS LIMITED

FNArena Sector : Rare Earth Minerals
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: -0.61
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.031

22 Jul
2024

-0.003

OPEN

$0.03

-8.82%

HIGH

$0.03

630,453

LOW

$0.03

TARGET
$0.052 67.7% upside
OTHER COMPANIES IN THE SAME SECTOR
ARU . ASM . BRE . HAS . LIN . LYC . PEK . SRX . SVM . VHM . VML .
FNARENA'S MARKET CONSENSUS FORECASTS
NTU: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx - 0.5 - 21.6 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx N/A N/A xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A N/A xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx-0.5
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx0.0 M
Book Value Per Share xxxxxxxxxxxxxxx-0.1
Net Operating Cash Flow xxxxxxxxxxxxxxx-14.1 M
Net Profit Margin xxxxxxxxxxxxxxx-340,911.29 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx-
Return on Invested Capital xxxxxxxxxxxxxxx-352.44 %
Return on Assets xxxxxxxxxxxxxxx-147.72 %
Return on Equity xxxxxxxxxxxxxxx-
Return on Total Capital xxxxxxxxxxxxxxx-352.99 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-14.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx0 M
Long Term Debt xxxxxxxxxxxxxxx13 M
Total Debt xxxxxxxxxxxxxxx13 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx12 M
Price To Book Value xxxxxxxxxxxxxxx-

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx0.1 M
Capex % of Sales xxxxxxxxxxxxxxx1,760.23 %
Cost of Goods Sold xxxxxxxxxxxxxxx1 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx22 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

1
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

07/06/2024

1

Upgrade to Speculative Buy from Hold

$0.052

67.74%

Post the delayed 2023 AGM for Northern Minerals, Ord Minnett upgraded the stock to a Speculative Buy rating from Hold due to the perceived de-risking of the company's profile, with four Chinese national failing to achieve director endorsement at the AGM.

The broker expects management to remain focused on completing the feasibility study into Browns Range and on the Wolverine deposit in the latter part of 2024.

The 2024 AGM is presumed to be in four months time, states the broker.

Speculative Buy rating, upgraded from Hold and a 5.2c target price.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of minus -21.60 cents.
Ord Minnett forecasts a full year FY25 dividend of 0.00 cents and EPS of minus -9.40 cents.
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Canaccord Genuity

11/06/2024

1

Speculative Buy

$0.05

61.29%

Canaccord Genuity highlights positive recent drilling at the Browns Range Project in Western Australia which showed high-grade heavy rare earths at Wolverine, suggesting potential for extending the mine's life for Northern Minerals.

The broker anticipates a resource update in September 2024, with a  definitive feasability study update expected by December 2024.

Management saw recent board changes with Nick Curtis transitioning from Executive Chairman to Strategic Advisor.

Speculative Buy rating and 5c target unchanged.
Access Stockbroker Research History >

NTU STOCK CHART

FNArena News on NTU

1
Australian Broker Call *Extra* Edition – Jun 11, 2024

Jun 11 2024 - Daily Market Reports
2
Weekly Ratings, Targets, Forecast Changes – 07-06-24

Jun 11 2024 - Weekly Reports
3
Australian Broker Call *Extra* Edition – Mar 20, 2024

Mar 20 2024 - Daily Market Reports
4
Australian Broker Call *Extra* Edition – Oct 12, 2023

Oct 12 2023 - Daily Market Reports
5
Australian Broker Call *Extra* Edition – Nov 04, 2022

Nov 04 2022 - Daily Market Reports

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