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Northern Minerals

Buy Northern Minerals shares

NORTHERN MINERALS (NTU) Shares

ABOUT NORTHERN MINERALS

Northern Minerals Limited is a heavy rare earth producer.

The company’s portfolio consists of three highly prospective projects in Western Australia. Its flagship project is the Browns Range Project, of which it owns 100 percent. It has several prospects and deposits in this project which contains high value dysprosium and other rare earth minerals.

Its Boulder Ridge and John Galt Projects are both in its early exploration stages, both showing great promise. These rare earth minerals are used in several industries such as energy efficient lighting, hybrid vehicles and wind turbines.

Northern Minerals Limited is headquartered in Western Australia. 

OVERVIEW OF NORTHERN MINERALS

  • The company is founded in 2006 by Polaris Metals and Washington Resources with a focus on Uranium mineral exploration. It lists on the Australian Securities Exchange as Northern Uranium the same year.
  • Its primary asset in northern Australia, the Gardiner-Tanami Project, is developed through an agreement with Areva, a nuclear company.
  • In 2009 the market and prices on heavy rare earths increase and the company starts focusing on the exploration and development of these rare earths.
  • In 2010 the company buys several rare earth assets across Browns Range and changes its name to Northern Minerals in 2011. Drill results for Browns Range confirms high value dysprosium in four prospects of xenotime mineralisation.
  • Additional exploration targets are also identified, and the company expands impressively through the next couple of years.

VISION & VALUES OF NORTHERN MINERALS

  • Northern Minerals Limited operates ethically, responsibly, sustainably and with integrity. The company is committed to the safety and health of its employees, contractors and communities in which it operates.
  • It consults and communicates with employees and contractors to ensure no injuries takes place and that the best possible health and safety outcomes are achieved.
  • The company values its environment and natural resources.
  • It integrates risk-based environmental management in all operations and creates new opportunities to improve its environmental performance.

MARKET PERFORMANCE OF NORTHERN MINERALS

  • Northern Minerals Limited trades on the Australian Securities Exchange under the ASX stock symbol NTU.
  • Potential investors can buy shares today.
    Data analysis for the company’s annual results for the period ending 30 June 2019 reports a total income of US Dollar 2,002,375. Net loss after tax is US Dollar 63,966,330. Basic earnings are 4.7 cents per share. Net cash used in operating activities is US Dollar 19,693,943. Net cash used in investing activities is US Dollar 11,932,810.
  • Net cash from financing activities is US Dollar 29,411,876. Total assets are US Dollar 61,577,238.

Buy NORTHERN MINERALS stocks / shares – A Step by Step Guide how to Buy / Purchase NORTHERN MINERALS Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy NORTHERN MINERALS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN NORTHERN MINERALS STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE NORTHERN MINERALS STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of NORTHERN MINERALS stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy NORTHERN MINERALS stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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