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New Millennium Iron Corp. (T:NML)

Business Focus: Iron Ore Mining

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for NML within the last 6 months
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Company News

Sep 21, 2020 08:12 ET
IIROC Trade Resumption - NML
TORONTO, Sept. 21, 2020 /CNW/ - Trading resumes in:
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Sep 18, 2020 17:50 ET
New Millennium Announces Proposed Reverse Take-Over with Abaxx Technologies
New Millennium Iron Corp. (the “Company” or “NML”) (TSX: NML) is pleased to announce, further to the previously announced reorganization with the Tata Steel Group, that it has arrived at an agreement with Abaxx Technologies Inc. (“Abaxx”) to enter...
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Valuation Ratios

Industry
Sector
Beta
0.88
--
--
Price to Sales - TTM
--
5.56
6.46
Price to Book - most recent quarter
0.86
1.03
3.45
Price to Cash Flow per share - TTM
--
8.04
12.30
Price to Free Cash Flow per share - TTM
--
--
21.21
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Sep 15, 2020152,215-74,289
Aug 31, 2020226,50468,310
Aug 15, 2020158,194536
See Short Report

Business Summary

Sector:  Basic Materials Industry:  Steel

New Millennium Iron Corp. is engaged in the exploration, evaluation and development of mineral properties. The Company operates through the exploration and evaluation of mineral resources segment. Its Taconite Project has centered on the development of either or both of the LabMag and KeMag deposits to produce pellets and concentrate. The LabMag Property is located in Western Labrador, centered approximately 30 kilometers to the northwest of the town of Schefferville, Quebec. It controls the Millennium Iron Range (MIR), which holds undeveloped magnetic iron ore deposits in Canada's iron ore district, the Labrador Trough, located in the Province of Newfoundland and Labrador and in the Province of Quebec. The Howells River North deposits are located between the LabMag and KeMag deposits. The Lac Ritchie property is located at the north end of the Range. The Direct Shipping Ore (DSO) Project contains approximately 98.9 million tons of measured and indicated mineral resources.

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