Novonix LimitedNVX

$0.53-0.02 (-4.24%)
NASDAQIndustrials24:00 UTC

Company snapshot

Market Cap
$93M
Micro-cap
-95%
2022 — today
10-Year Price
-97%
2022 — today
52-Week Range
$0.53$2.94
Current $0.53· 0%

Novonix Limited (NVX) is a Brisbane, Australia-headquartered firm, established in 2012 (and known as Graphitecorp Limited until its rebranding in July 2017). The company is a key provider of battery materials, specialized equipment, and ancillary services to the North American lithium-ion battery industry. Its operations are segmented into three primary areas: Graphite Exploration and Mining: This division focuses on identifying and assessing graphite deposits within Australia. Battery Technology: Responsible for creating sophisticated battery cell testing apparatus, manufacturing batteries, and offering expert consulting services. Battery Materials: Dedicated to the research, development, and production of crucial battery anode materials. Beyond these core business units, Novonix also engages in investment opportunities and comprehensive battery testing. The company has also secured significant strategic alliances, including a collaboration with Harper International Corporation to innovate specialized furnace technology aimed at refining its synthetic graphite production. Furthermore, Novonix partners with Emera Technologies to co-develop and manufacture energy storage systems tailored for community microgrids.

Valuation in context

P/E ratio
-0.4
N/A
Not meaningful — company is unprofitable
P/B ratio
0.6
Near historic low
Near historic low — last 10 years
FCF Yield
-186.4%
Near historic low
Near historic low — last 10 years
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