TO · NIF-UN.TO
Noranda Income Fund
- Sector
- Basic Materials · Industrial Materials
- Headquarters
- Toronto, ON M5X 1E3
- Website
- norandaincomefund.com
Price at previous close
$1.97
Market cap 0
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
Valuation history
Annual price overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2007 | $0.00 | $19.60 | |||
| 2008 | $0.00 | $0.00 | |||
| 2009 | $0.00 | $0.10 | |||
| 2010 | $9.30 | $38.20 | |||
| 2011 | $6.60 | $0.90 | |||
| 2012 | $11.80 | $3.00 | |||
| 2013 | $11.60 | $5.40 | |||
| 2014 | $3.80 | $0.00 | |||
| 2015 | $7.50 | $0.10 | |||
| 2016 | $0.40 | $0.00 | |||
| 2017 | $1.60 | $0.00 | |||
| 2018 | $6.40 | $13.00 | |||
| 2019 | $4.80 | $0.20 | |||
| 2020 | $1.40 | $2.00 | |||
About Noranda Income Fund
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.
- CEO
- Paul Einarson CPA, CA, CPA
- Employees
- 538
- Beta
- 1.46
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as (— ÷ $1.97) − 1 = — (DCF, example).