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Noranda Income Fund Unit NNDIF

Metals & Mining Industrial Metals & Minerals
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.


OTCPK:NNDIF - Post by User

Noranda Income Fund Unit > Q1
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Comment by Finalsayon Apr 29, 2020 1:35pm
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Post# 30967240

RE:Q1

RE:Q1Hopefully we get a nice pop after Q1 results. April 2nd announcement "measures implemented have not had a significant impact on its operations, and previously released guidance regarding 2020 sales and production levels remain unchanged". LME zinc prices have dropped considerable since Jan. 2020 though and must be the leading driver of this low April share price range.
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