Noronex Limited

Noronex Limitedverified

NRX.AX

Price:

$0.014

Market Cap:

$8.74M

Noronex Limited operates as a mineral exploration company. The company primarily explores for base and precious metals, as well as copper deposits. It focuses on Witvlei project comprising two prospecting licences covering an area of approximately 390 square kilometers located in Kalahari Copper Belt, 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.

Industry

Copper

IPO Date

2017-11-14

Stock Exchange

ASX

Ticker

NRX.AX

The ROE as of December 2025 (TTM) for Noronex Limited (NRX.AX) is -352.03%

According to Noronex Limited’s latest financial reports and current stock price. The company's current ROE is -352.03%. This represents a change of 212.53% compared to the average of -112.64% of the last 4 quarters.

Noronex Limited (NRX.AX) Historical ROE (quarterly & annually)

How has NRX.AX ROE performed in the past?

The mean historical ROE of Noronex Limited over the last ten years is -78.26%. The current -352.03% ROE has changed 349.80% with respect to the historical average. Over the past ten years (40 quarters), NRX.AX's ROE was at its highest in in the June 2016 quarter at 50.06%. The ROE was at its lowest in in the December 2024 quarter at -287.42%.

Quarterly (TTM)
Annual

Average

-78.26%

Median

-67.34%

Minimum

-329.15%

Maximum

100.12%

Noronex Limited (NRX.AX) ROE by Quarter and Year

Discovering the peaks and valleys of Noronex Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.10%

Maximum Annual ROE = 100.12%

Minimum Annual Increase = -103.08%

Minimum Annual ROE = -329.15%

Quarterly (TTM)
Annual
YearROEChange
2025-329.15%296.32%
2024-83.05%-29.36%
2023-117.58%-7.50%
2022-127.11%202.11%
2021-42.07%-18.51%
2020-51.63%69.20%
2019-30.52%-69.04%
2018-98.56%3.10%
2017-3.08%-103.08%

Noronex Limited (NRX.AX) Average ROE

How has NRX.AX ROE performed in the past?

The current ROE of Noronex Limited (NRX.AX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-176.59%

5-year avg

-139.79%

10-year avg

-78.26%

Noronex Limited (NRX.AX) ROE vs. Peers

How is NRX.AX’s ROE compared to its peers?

Noronex Limited’s ROE is greater than Krakatoa Resources Limited (-135.78%), greater than Great Western Exploration Limited (-43.10%), greater than Albion Resources Limited (-84.56%), greater than Flynn Gold Limited (-630.90%), greater than Perpetual Resources Limited (-23.55%), greater than Tempest Minerals Limited (-13.66%), greater than Apollo Minerals Limited (-42.68%), greater than Infinity Lithium Corporation Limited (-120.05%), greater than Culpeo Minerals Limited (-22.64%), greater than Star Minerals Limited (-26.30%),

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