Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron ore deposits in Västerbergslagen, Sweden. The company’s products include ore concentrates, sinters, pellets, and lump ores. It also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K Nr. 1, Blötbergsgruvan K Nr. 2, Håksbergsgruvan K Nr. 1, and Södra Väsmanfältet K Nr. 1, as well as exploration permit comprises Ludvikafältet Nr. 1; and Blötberget Nr. 4,5, and 6 located in Ludvika. The company was incorporated in 2008 and is headquartered in Grängesberg, Sweden.
Metrics to compare | NIO | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipNIOPeersSector | |
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P/E Ratio | −13.3x | −2.8x | 2.6x | |
PEG Ratio | −0.87 | 0.05 | 0.00 | |
Price/Book | 0.9x | 1.6x | 1.6x | |
Price / LTM Sales | - | 2.2x | 1.3x | |
Upside (Analyst Target) | - | −18.5% | 21.1% | |
Fair Value Upside | Unlock | 21.5% | 1.7% | Unlock |