New Millennium Iron Corp trades with the ticker NML on the TSX and is in the Other Industrial Metals & Mining industry.
Overview
As of December 14, 2020, New Millennium Iron Corp was acquired by Abaxx Technologies, Inc., in a reverse merger transaction.
Looking to invest in New Millennium Iron Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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NML.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $5.13MM
PE Ratio: 6.667
Price: 7.18 (Updated: 3/12/2024 0:47:16)
New Millennium Iron Corp (NML) vs Competitors in Other Industrial Metals & Mining
Lets see how NML.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc
.Other Industrial Metals & Mining Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Almonty Industries Inc (AII) | $142.672 | N/A | -183.262 | N/A% |
| Altius Minerals Corporation (ALS) | $888.413 | 49.658 | 16.638 | 1.7% |
| Aquila Resources Inc (AQA) | $28.861 | N/A | 0.0 | 0.0% |
| Ascendant Resources Inc (ASND) | $12.396 | 0.75 | 3.873 | N/A% |
| Auryn Resources Inc (AUG) | $347.59 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Other Industrial Metals & Mining
- New Millennium Iron Corp (NML) vs Almonty Industries Inc (AII)
- NML has higher EPS (0.009 vs -0.04). NML provides dividends, while AII does not. AII has a P/E under 0, indicating NML (P/E 6.667) is in a better position.
- New Millennium Iron Corp (NML) vs Altius Minerals Corporation (ALS)
- ALS has higher EPS (0.38 vs 0.009). ALS has higher dividend yield (1.7% vs 0.0%). ALS has a higher P/E ratio (49.658 vs 6.667) indicating it’s more expensive.
- New Millennium Iron Corp (NML) vs Aquila Resources Inc (AQA)
- NML has higher EPS (0.009 vs -0.024). AQA has higher dividend yield (0.0% vs 0.0%). AQA has a P/E under 0, indicating NML (P/E 6.667) is in a better position.
- New Millennium Iron Corp (NML) vs Ascendant Resources Inc (ASND)
- ASND has higher EPS (0.08 vs 0.009). NML provides dividends, while ASND does not. NML has a higher P/E ratio (6.667 vs 0.75) indicating it’s more expensive.
- New Millennium Iron Corp (NML) vs Auryn Resources Inc (AUG)
- NML has higher EPS (0.009 vs -0.185). AUG has higher dividend yield (0.0% vs 0.0%). AUG has a P/E under 0, indicating NML (P/E 6.667) is in a better position.
Our Recommendation: Hold
Has a lower P/E ratio (6.67) than the industry average (13.24), indicating potential undervaluation.
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