Noranda Income Fund (NNDIF) Stock Price, News & Analysis

Company Overview

Noranda Income Fund (''Fund'') is an income trust whose units trade on the TSX under the symbol ''NIF.UN''. The Fund owns the electrolytic zinc processing facility and ancillary assets(''the Processing Facility'') located in Salaberry-de-Valleyfield, Québec. The Processing Facility is the second-largest zinc processing facility in North America and the largest zinc processing facility in eastern North America , where the majority of zinc customers are located. Zinc concentrate is supplied to the Processing Facility by Glencore Canada Corporation (''Glencore Canada'') under an agreement that will last until 2017. The Fund is paid a processing fee for refining the zinc, and it earns additional revenue through zinc metal premiums, by-product credits and metal recovery gains. The Fund's primary objective is to provide stable, monthly distributions.

Key Stats

• Today's Range: $1.42 to $1.42
• 50-Day Range: $1.42 to $1.42
• 52-Week Range: $0.28 to $1.48
• Volume: N/A
• Average Volume: 132,894 shs
• Market Capitalization: N/A
• P/E Ratio: 8.57
• Dividend Yield: 35.21%
• Price Target: N/A
• Consensus Rating: N/A

NNDIF Stock Analysis - Frequently Asked Questions

How have NNDIF shares performed this year?

Noranda Income Fund's stock was trading at $1.42 on January 1st, 2024. Since then, NNDIF stock has increased by 0.0% and is now trading at $1.42.
View the best growth stocks for 2024 here.

How do I buy shares of Noranda Income Fund?

Shares of NNDIF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Miscellaneous
• Industry: Investment Trusts & Mutual Funds
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:NNDIF
• CUSIP: N/A
• CIK: N/A
• Web: www.norandaincomefund.com
• Phone: (416) 775-1561
• Fax: N/A
• Employees: 538
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 8.57
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A