Norwest Minerals Ltd

  • IPO date:
  • Sector: Basic Materials
  • GIC Group: Materials
  • Industry: Gold
  • Company website

Company description

Norwest Minerals Limited engages in the mineral exploration business in Australia. The company explores for gold, copper, nickel, rare earth elements, and lithium deposits. It holds a 100% interest in the Bulgera gold project covering an area of 39 square kilometers located in the Plutonic Well Greenstone Belt of Western Australia; the Marriott project consisting of a single mining lease that covers an area of approximately 400 meters square situated in southeast of Leinster; and the Bali copper project covering an area of 41 square kilometers with four prospects identified along the 8-kilometre northwest trending Bali shear zone located to the west of Paraburdoo in Western Australia. The company also holds an 83% interest in the Arunta West gold and copper project covering an area of 840 square kilometers located in Western Australia; and a 84% interest in the Marymia East project comprising two granted exploration tenements covering an area of approximately 230 square kilometers situated in east of the Plutonic Gold Mine. Norwest Minerals Limited was incorporated in 2017 and is headquartered in West Perth, Australia.

Financial highlights

Market Capitalization$10.0649 million
P/E Ratio0
P/E Growth Ratio
Book Value0.08
Dividend Per Share0
Earnings Per Share-0.01
EBITDA-1,350.506
Profit Margin0
Operating Margin TTM1436.7311
Return on Assets TTM-0.047
Return on Equity TTM-0.0785
Revenue TTM-0.941

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2018-06-30 0 148.949
2018-07-31 0 0 0 268.74
2019-06-30 54.22 1,326.152
2020-06-30 28.08 1,342.649
2021-06-30 5.3 1,816.751
2022-06-30 4.71 1,482.959
2023-06-30 0.12

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2018-06-30 6,753.997 10,791.322 676.382 0 11,370.1
2018-07-31 6,753.997 10,791.322 676.382 4,040.1
2019-06-30 3,331.615 10,236.691 450.117 0 11,532.784
2020-06-30 1,515.869 12,266.129 460.188 21.786 14,676.81
2021-06-30 1,091.005 13,254.567 794.42 0 16,733.158
2022-06-30 1,576.193 16,686.999 499.282 0 21,425.691
2023-06-30 19,853.62 659.46 0 25,477.16

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2018-06-30 -268.74 -0.005 1,499.996
2018-07-31 -268.74 -0.005 1,499.996
2019-06-30 -2,143.238 -904.242 4,235.857 -904.242 3,331.615
2020-06-30 -1,247.912 -506.162 -1,815.746 3,331.615 1,515.869
2021-06-30 -1,693.896 -643.736 -424.864 1,515.869 1,091.005
2022-06-30 -1,460.473 -1,452.764 485.188 1,091.005 1,576.193
2023-06-30 -1,899.98 -562.51