Noranda Income Fund (NIF-UN.TO)


-0.01 (-0.51%)
Symbol NIF-UN.TO
Price $1.97
Beta 1.464
Volume Avg. 0.16M
Market Cap -
Shares () -
52 Week Range 0.26-1.99
1y Target Est -
DCF Unlevered NIF-UN.TO DCF ->
ROE 29.36% Buy
ROA 7.60% Neutral
Operating Margin -
Debt / Equity 89.15% Buy
P/E 5.63 Buy
P/B 0.43 Neutral


Consensus EPS

Upgrades & Downgrades

Mr. Paul Einarson C.A., CPA, CA, CPA
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.