Noranda Aluminum Holding - Stock

Noranda Aluminum Holding Market capitalization 2024

Noranda Aluminum Holding Market capitalization

9.95 USD

Noranda Aluminum Holding Dividend yield

14 M %

Ticker

NORNQ

ISIN

US65542W2061

WKN

A14YWQ

In 2024, Noranda Aluminum Holding's market cap stood at 9.95 USD, a -99.99% increase from the 69,650 USD market cap in the previous year.

The Noranda Aluminum Holding Market capitalization history

YEARREVENUE (undefined USD)GROSS MARGIN (%)NET INCOME (undefined USD)
2018e-9.22 B0,00-
2017e-9.3 B0,00-
2016e1.34-1,2025.6
20151.23-1,30-259.6
20141.366,89-26.6
20131.345,33-47.6
20121.398,4049.5
20111.5613,80140.9
20101.2914,0966.9
20090.77-1,25101.4
20081.2711,36-74.1
20071.414,5222.4
20061.3118,53113.9
20051.037,4350.3
20040.927,6422.8
20030.691,73-53.6

Noranda Aluminum Holding Aktienanalyse

What does Noranda Aluminum Holding do?

Noranda Aluminum Holding Corp is an American aluminum producer based in Franklin, Tennessee. The company was founded in 2007 and has several subsidiaries. Its largest customer is the automotive industry, which requires aluminum for the production of car parts. The history of Noranda dates back to 1922 when the company was founded in Canada. In the 1950s, Noranda Aluminum began focusing on the US market. In 1990, the company was acquired by the Norwegian company Norsk Hydro. However, in 2002, the company became independent again and operated under the name Noranda Inc. After a few years of restructuring and change, Noranda Inc. was eventually renamed Noranda Aluminum Holding Corp in 2007. The business model of Noranda Aluminum Holding Corp is based on selling aluminum products to customers in various industries. Noranda specializes in the production of primary aluminum products made from raw aluminum. These products are then further processed to meet specific applications. The different products offered by the company include rolled products, sheet products, pipes, and extrusion products. Noranda Aluminum Holding Corp operates several divisions to manufacture these various products. The main divisions are primary metal, rolled products, recycling, and energy. The primary metal division is involved in the production of raw aluminum and aluminum alloys. The rolled products division produces aluminum foils and sheets used in automobiles, food packaging, and other applications. Noranda Aluminum's recycling division is focused on reducing the consumption of aluminum by collecting aluminum scrap and processing it into new raw material. The energy division is involved in the production of electricity and heat from natural resources such as coal and natural gas. Noranda Aluminum also operates several production facilities in different countries. The main production facilities are located in the USA, in places like New Madrid and Missouri. The company also operates a production facility in Jamaica that mines bauxite, which is used as a raw material for aluminum production. The company is committed to producing sustainably and environmentally friendly. Noranda Aluminum has launched several initiatives to reduce energy consumption and greenhouse gas emissions. Additionally, the company also operates a community responsibility initiative aimed at benefiting the people in the communities where it operates. Overall, Noranda Aluminum Holding Corp is an important aluminum producer with numerous customers in various industries. The company has a long history in Canada and the USA and operates production facilities all over the world. Noranda Aluminum is committed to producing sustainably and environmentally friendly while meeting the needs of its customers. Noranda Aluminum Holding ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Noranda Aluminum Holding's Market Capitalization

Noranda Aluminum Holding's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Noranda Aluminum Holding's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Noranda Aluminum Holding's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Noranda Aluminum Holding’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Noranda Aluminum Holding Stock

What is the current Noranda Aluminum Holding market capitalization?

The current market capitalization of Noranda Aluminum Holding is 9.95 USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Noranda Aluminum Holding.

How has the market capitalization of Noranda Aluminum Holding developed in recent years?

The market capitalization of Noranda Aluminum Holding has increased/decreased by -99.99% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Noranda Aluminum Holding?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Noranda Aluminum Holding?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Noranda Aluminum Holding have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Noranda Aluminum Holding pay?

Over the past 12 months, Noranda Aluminum Holding paid a dividend of 0.14 USD . This corresponds to a dividend yield of about 14 M %. For the coming 12 months, Noranda Aluminum Holding is expected to pay a dividend of 0 USD.

What is the dividend yield of Noranda Aluminum Holding?

The current dividend yield of Noranda Aluminum Holding is 14 M %.

When does Noranda Aluminum Holding pay dividends?

Noranda Aluminum Holding pays a quarterly dividend. This is distributed in the months of September, December, March, June.

How secure is the dividend of Noranda Aluminum Holding?

Noranda Aluminum Holding paid dividends every year for the past 0 years.

What is the dividend of Noranda Aluminum Holding?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Noranda Aluminum Holding located?

Noranda Aluminum Holding is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Noranda Aluminum Holding kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Noranda Aluminum Holding from 6/10/2015 amounting to 0.01 USD, you needed to have the stock in your portfolio before the ex-date on 5/14/2015.

When did Noranda Aluminum Holding pay the last dividend?

The last dividend was paid out on 6/10/2015.

What was the dividend of Noranda Aluminum Holding in the year 2023?

In the year 2023, Noranda Aluminum Holding distributed 3.131 USD as dividends.

In which currency does Noranda Aluminum Holding pay out the dividend?

The dividends of Noranda Aluminum Holding are distributed in USD.

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Andere Kennzahlen von Noranda Aluminum Holding

Our stock analysis for Noranda Aluminum Holding Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Noranda Aluminum Holding Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.