Noranda Income Fund (NIF-UN.TO)

$1.12

-0.01 (-0.88%)
Rating:
Recommendation:
-
Symbol NIF-UN.TO
Price $1.12
Beta 1.256
Volume Avg. 0.01M
Market Cap 69.989M
Shares () -
52 Week Range 0.92-1.98
1y Target Est -
DCF Unlevered NIF-UN.TO DCF ->
DCF Levered NIF-UN.TO LDCF ->
ROE 21.94% Buy
ROA 4.52% Neutral
Operating Margin -
Debt / Equity 271.61% Strong Buy
P/E 1.38 Buy
P/B 0.30 Neutral
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Ms. Eva Carissimi
Basic Materials
Other Industrial Metals & Mining
Toronto Stock Exchange

Noranda Income Fund operates as an income trust. The company owns an 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; zinc slab, a general commodity grade metal; and granulated zinc, which is used in the production of fertilizers and reagents for the pulp and paper industry. The company's by-products comprise copper cake and sulphuric acid. It serves customers in Canada, the United States, and internationally. Noranda Income Fund was founded in 1961 and is headquartered in Toronto, Canada.