Analyze your cash flow including both income and expenses. Briefnoranda income fund announces agreement with glencore. Calculate your net worth including updated home value. At yahoo finance, you get free stock quotes, uptodate news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your. Read the latest news and coverage on noranda income fund. Portfolio visualizer offers a set of tools for analyzing multiasset class portfolios and the benefits of diversification and multifactor investing. Nndif a complete noranda income fund mutual fund overview by marketwatch. Noranda income fund trades at under 2x estimated earnings. Jan 30, 2017 noranda income fund is the owner of a large zinc smelter in canada. Noranda income fund tangible book value per share nif. Noranda income fund the fund owns the electrolytic zinc processing facility and ancillary assets located in salaberrydevalleyfield, quebec. Switzerlandbased xstrata plc then bought falconbridge. All numbers are in millions except for per share data, ratios, and percentage data all shares outstanding data and per share data are split adjusted empty lines lines with only 0s are.
Mar 15, 2018 a full version of the fourth quarter and fiscal year 2017 managements discussion and analysis. Noranda income fund is a canadian based income trust. Oct 03, 2017 the fund will provide further updates as appropriate. Quote stock analysis news price vs fair value trailing returns. To stock analyst estimates, including earnings and revenue, eps, upgrades and downgrades. Morningstar financial research conducts analysis on markets, mutual fund, stocks and etfs through investment data and news. Noranda income fund is an income trust whose units trade on the toronto stock exchange under. Toronto including stock price, stock chart, company news, key statistics, fundamentals and company profile. Check out various oscillators, moving averages and other technical indicators on tradingview. To the fund today reported the terms under which zinc concentrate will be purchased and zinc metal will be sold for the period of may 1, 2020, to april 30, 2021. The following slide deck was published by noranda income fund in conjunction with their 2017 q4 earnings call.
Noranda income fund stock technical analysis with dynamic chart and delayed quote toronto stock exchange. View images, videos, and more on noranda income fund on financial post. Noranda income fund reports 2017 third quarter financial results nov 10, 2017 07. The company was originally spun out of noranda many years ago to raise money as a retail yield play. The annual financial statements and the managements discussion and analysis can be found in the annual report. Noranda income fund the fund is a canadabased openended trust. Trading signals for noranda income fund with buy, sell, hold recommendations, technical analysis, and trading strategy. Apr 08, 2020 noranda income fund is a canadian based income trust. To environment, social and governance ratings to help you in your stock buying decisions. Contractual changes appear to have boosted earnings going forward. Recent contract change at noranda income fund presents upside. Noranda income fund fund is an income trust whose units trade on the tsx under the symbol nif. Noranda income fund nifunt quote the globe and mail.
The fund owns the electrolytic zinc processing facility and ancillary assets the processing facility located in salaberrydevalleyfield, quebec. Noranda income fund nndif analyst ratings, estimates. The fund owns the electrolytic zinc processing facility and ancillary assets located in. The fund s longterm objective is to maximize unitholder value and provide. Lead and zinc market 2019 analysis and precise outlook. For the portfolio analysis report, you must sign up for the premium service. To interactive stock chart noranda income fund stock. To stock quote, history, news and other vital information to help you with your stock trading and investing. March 12, 2020 noranda income fund announces terms for 20202021 contractual period.
Noranda income fund provides covid19 business update. Noranda income fund, tse, equities, quote morningstar. With a variety of different tools, investors can backtest their returns and risk profiles. See noranda income fund nndif stock analyst estimates, including earnings and revenue, eps, upgrades and downgrades. In depth view into noranda income fund tangible book value per share including historical data from 2002, charts, stats and industry comps. The primary objective of the fund is to provide stable, monthly cash distributions to its unitholders. Oct 27, 2011 distributions at noranda income fund are back but investors disappointed long suffering unitholders of noranda income fund received a welcome gift this week. Feb 10, 2009 noranda income warns outlook corroded tues. Noranda income fund reports fourth quarter and full year 2018. Nifun share price noranda income fund tse canada technical analysis, target, important levels, latest news, interactive charts. Get breaking news and analysis on noranda income fund nndif stock, price quote and chart, trading and investing tools. Noranda income fund is an unincorporated openended trust created to acquire noranda, inc. The trusts processing facility produces refined zinc metal and various byproducts from zinc concentrates purchased from mining operations. To get access to the full report and learn more about creditriskmonitors robust financial risk analysis and timely news service, request a personalized demo and free trial today.
Jan 31, 2017 noranda income fund announces agreement with glencore canada for purchase of concentrate and sale of metal noranda income fund initial term of supply and processing agreement expires on may. Distributions at noranda income fund are back but investors. The noranda income fund owns the cezinc processing facility and. Noranda income fund reports fourth quarter and fy 2017. Noranda income fund provides update on collective bargaining. Noranda income fund is an income trust whose units trade on the toronto stock exchange under the symbol nif. Where indicated by yes, creditriskmonitor contains this information in its extensive database. Noranda income fund has elected to utilize the notice and access provisions adopted by the canadian securities administrators for the delivery of proxyrelated materials for its 2019 annual general meeting. Noranda income fund is the owner of a large zinc smelter in canada. As a customer of your company our expectations are for you to agree to have our ongoing relationship governed by the terms and conditions. Noranda income fund has potential takeover upside noranda. Indepth view of key statistics and finances for noranda income fund nif.
In 2018, we were also able to resume our investment program under the. The fund owns an electrolytic zinc processing facility and its ancillary assets the processing facility located in salaberrydevalleyfield, quebec. The financial industry regulatory authority finra fund analyzer offers information and analysis on over 18,000 mutual funds, exchange traded funds etfs and exchange traded. Noranda income fund has elected to utilize the notice and access provisions adopted. Noranda sold it into this fund at the highest price they possibly could, to make it look like an. Noranda income fund owns 100% of noranda operating trust, which owns 75% of noranda income limited partnership glencore xstrata plc owns. View mutual fund news, mutual fund market and mutual fund interest rates. Uns stock price, price target, earnings, forecast, insider trades, and news at marketbeat. Nndif morningstar rating rating as of feb 28, 2020.
The processing facility is the secondlargest zinc processing facility in north. February 25, 2020 noranda income fund reports fourth quarter and full year 2019 financial results. At yahoo finance, you get free stock quotes, uptodate news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Xstrata canada holds a 25% interest in noranda income. Mar 09, 2015 nif, an entity designed to provide stable dividends to shareholders, has been oversold due to newly added cautionary language about the end of the supply agreement between glencore and nif. Mar 08, 2017 a 312week strike at noranda income fund s zinc processing facility in quebec is showing no signs of ending, union officials said on wednesday, with no talks set between workers and management.
About us noranda income fund fund is an income trust whose units trade on the tsx under the symbol nif. Nif, an entity designed to provide stable dividends to shareholders, has been oversold due to newly added cautionary language about the end of the supply agreement. Except where otherwise indicated, all amounts in this press release are. The trusts processing facility produces refined zinc metal. Apr 27, 2017 a full version of the funds q1 2017 managements discussion and analysis. Noranda income fund provides an update on production.
The fund s primary objective is to provide stable, monthly distributions. Nifun share price target noranda income fund tse canada. Correction from sourcenoranda income fund reports 2017 first. Company profile, business summary, shareholders, managers, financial ratings. Which technical analysis tools can be used to analyze noranda income fund. No end in sight for strike at noranda quebec zinc plant reuters. The company primary objective is to provide stable and monthly distributions. Nndif morningstar rating rating as of jan 27, 2020. Noranda income fund nndif stock analysis morningstar. The fund owns the electrolytic zinc processing facility and ancillary assets. Quote stock analysis news price vs fair value trailing returns financials valuation. Noranda income fund nif stock quotes and insider news.