Noranda Income Fund Unit T.NIF.UN

Primary Symbol: 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 > Cash flow

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Comment by Finalsayon May 15, 2020 10:24am

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Post# 31032943

RE:RE:RE:RE:Cash flow

Last 3 quarters EBITDA of 23.3, 14.9, and 19.5 million. Think one of the investors who asked einarson a question on th earnings call mentioned BVPS of $5 at $1.1. You'd think buying at these valuations is a steal, but market seems completely disinterested in this stock. Hard to see any catalyst moving this stock significantly. Maybe zinc prices increasing substantially, or a huge ramp up in concentrate from mines opening up but still wouldnt expect that to cause too much price action in Noranda's stock

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