Nordic Iron Ore AB (publ)

Stockholm Stock Exchange NIO.ST

Nordic Iron Ore AB (publ) Price to Book Ratio (P/B) on February 05, 2025: 2.29

Nordic Iron Ore AB (publ) Price to Book Ratio (P/B) is 2.29 on February 05, 2025, a 34.98% change year over year. Price to book ratio compares the stock price to the book value per share; above 1 indicates market values company more than its book value.

Nordic Iron Ore AB (publ) 52-week high Price to Book Ratio (P/B) is 2.43 on January 16, 2025, which is 6.15% above the current Price to Book Ratio (P/B).
Nordic Iron Ore AB (publ) 52-week low Price to Book Ratio (P/B) is 1.10 on October 03, 2024, which is -52.21% below the current Price to Book Ratio (P/B).
Nordic Iron Ore AB (publ) average Price to Book Ratio (P/B) for the last 52 weeks is 1.56.

Key data

Date	Price to Book Ratio (P/B)	Dividend Yield	Free Cash Flow Yield	Price to Earnings Ratio (P/E)

Stockholm Stock Exchange: NIO.ST

Nordic Iron Ore AB (publ)

CEO	Mr. Ronne Hamerslag
IPO Date	Oct. 1, 2018
Location	Sweden
Headquarters	Vendevägen 85 A
Employees	4
Sector	Materials
Industries Mining Diamonds Drilling Gold Lithium Offshore Drilling Oil & Gas Oil Sands

Description

Nordic Iron Ore AB (publ) engages in the exploration, development, and mining of iron-ore deposits in Västerbergslagen, Sweden. Its products include fines, sinter, pellets, and lump ore. The company also explores for apatite, lanthanum, gold, and copper deposits. Its exploitation concessions include Blötbergsgruvan K No. 1, Blötbergsgruvan K No. 2, Håksbergsgruvan K No. 1, and Southern Väsman field K No. 1, as well as exploration permit, including Ludvikafältet No. 1 and Blötberget No. 4 located in Ludvika. The company was founded in 2008 and is headquartered in Danderyd, Sweden.

Key trends

Past 5 years