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Gold/Mining/Energy
Noranda (TSE;NOR)
An SI Board Since July 1997
Posts SubjectMarks Bans Symbol
197 4 0 NOR
Emcee:  Robert Salasidis Type:  Unmoderated
I got back in Noranda after having sold at 32 (had sold a Jan leap at 32). the stock seems cheap at this level (28.40). Noranda is a large mining Company, involved in Zinc, Aluminum, Copper and Nickel (53% metals), Forestry products (19% - including a majority stake in Noranda Forest), and oil and gas (28%).

They have been profitable for 9 out of the last 12 years. According to Investor's Digest of Canada, they are expected to earn 2.17 for year Dec97, and 2.34 for Dec98. The Dec97 P/E is 13. The Price to Book is 1.44, P/CF is 5.5, and CF/Debt is .31.

It pays an excellent dividend of 1$ (3.5%).

Anyone have any opinions on this stock?
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ReplyMessage PreviewFromRecsPosted
197How is Antamina doing anyway?David Michaud-8/4/2001
196Other than catalytic converters, what else is Palladium used for (and is PalladiRobert Salasidis-12/14/2000
195Nickel - Palladium dust substitute "Japan's Kawatetsu to hike nickel pkitkat-12/14/2000
194Stock looks like it's ready to brake out, so load up for the New Year rallyeyewatch-12/13/2000
193NORANDA INC - Decides to Exercise Option on Australian Mining Property gg cox-12/13/2000
192I've heard from others on SI and on the business news that the general trendGold Panner-11/26/2000
191Message 14870725gg cox-11/26/2000
190They now own 55%eyewatch-11/16/2000
189What's with the interest in Falconbridge? There were two news releases on pGold Panner-11/15/2000
188News... it looks like NOR is buy back up to 5% of its shares. This bodes well fGold Panner-11/7/2000
187Anyone have any info on upcoming contract action between Noranda and Earth SearcDwayne Hines-11/4/2000
186Anybody on this thread: Is the Alumysa project dead for all practical purposes?yard_man-11/2/2000
185Good Div. rate, I hope they can pay it with FL down the last 3 months. I always eyewatch-10/23/2000
184Noranda missed Rio Algom which may turn out to be a blessing. Billiton is now bowj-10/20/2000
183Don't know what to think of NOR. Given the fact that it has increased its bibill-9/9/2000
182Bill what do you think of the move today, I was going to buy some today then chieyewatch-9/7/2000
181NOR moved up today. Looks good. Picked up A just as it started to move. Another bill-8/18/2000
180We have been buying as much as we can even on margin, on options good div. good eyewatch-8/18/2000
179Bought into NORANDA today at 14.70. Interesting to read the comments on the threbill-8/17/2000
178With any luck tomorrow it will brake the 200day moving avg. I wonder how that coeyewatch-7/12/2000
177Yesterday all the metals seemed strong so I thought it was the whole sector movityc:>-7/12/2000
176What do you think made the price move so much the last two dayseyewatch-7/12/2000
175If you're interested in Noranda, you may be interested in this Noranda techntyc:>-7/12/2000
174 Noranda had an up day anyone have any news. Johneyewatch-3/13/2000
173 Does anyone have any comments on the price been down the last few days, have theyewatch-10/7/1999
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