OSL Equity Snapshot

NOM Weekly Equity Report

Nordic Mining ASA

Latest Close 9.13 NOK 12 Jun 2026
1W Return -8.0% latest completed week
4W Return -2.4% short-term follow-through
12W Return -21.3% quarterly tape
Trend Breadth 5.8% 3 of 52 weeks active
Volume Ratio 0.6x vs 13-week average
Company Brief

What the company does

Nordic Mining ASA, together with its subsidiaries, engages in the exploration and development of industrial minerals and metals in Norway. The company primarily explores for rutile, almandine garnet, hydrothermal quartz vein, and seabed minerals. It owns 100% interest in the Engebø Rutile and Garnet project located in the Sunnfjord, Vestland, Norway; Nordic Titanium located in Sunnfjord, Vestland, Norway; and Kvinnherad Quartz Project located in Kvinnherad, Norway. The company was founded in 2006 and is based in Oslo, Norway.

Snapshot

What the weekly tape is saying

NOM closed the latest completed week at 9.13 NOK. The 4-week return is -2.4% and the 12-week return is -21.3%. Trend Signal is inactive, Market Dynamics is 0.08. Setup signature: Risk-first tape with a 16/100 composite read.

Trend Signal Inactive
Market Dynamics No fresh buy
Price vs Trend -28.5%
Volume 0.6x
Setup Cockpit

A compressed read of the whole setup

The radar blends trend persistence, momentum, Market Dynamics, Relative Strength, volume confirmation, and risk control into one weekly cockpit.

Composite setup radar

Scoreboard

Trend 3 Persistence of active Trend Signal over the last year and current streak.
Momentum 25 Blend of 4-week and 12-week follow-through.
Dynamics 45 Latest Market Dynamics and whether pressure has improved over four weeks.
Relative Strength 0 Relative leadership and short-term RS change.
Volume 23 Participation compared with the 13-week volume baseline.
Risk Control 0 Drawdown and recent weekly volatility pressure.

16-week signal tape

27 Feb 6 Mar 13 Mar 20 Mar 27 Mar 3 Apr 10 Apr 17 Apr 24 Apr 1 May 8 May 15 May 22 May 29 May 5 Jun 12 Jun
Weekly return bar Trend Signal dot Positive Market Dynamics dot
Price Action

Price, Trend Line, and Fair Value

Weekly price context with the latest close, trend position, Fair Value gap, drawdown, and 52-week range location.

52-week price path

Price Trend Line Fair Value

Price map

Trend Line
12.76 NOK
Vs Trend Line
-28.5%
Fair Value
17.93 NOK
Vs Fair Value
-49.1%
52W High
24.20 NOK
52W Low
9.03 NOK
Drawdown
-62.3%
Range Position
0.7%
Momentum

Returns and trend persistence

Return windows separate the latest week from short-term and medium-term follow-through.

Return windows

1W -8.0%
4W -2.4%
12W -21.3%
26W -46.2%
52W -59.7%

Trend read

Active Streak
0 weeks
52W Active Weeks
3
52W Active Breadth
5.8%
Sector Scope
NO Basic Materials
Sector Rank
12 of 12
Sector Percentile
0.0%
Peer Context

Sector and industry pulse

Peer breadth helps separate a stock-specific move from a broader group rotation.

Market Dynamics

Pressure, Relative Strength, and expectation

Market Dynamics and Relative Strength show whether buying pressure and relative leadership are confirming the price move.

Dynamics path

Market Dynamics Relative Strength

Signal state

Market Dynamics
0.08
4W MD Change
-82.9%
Relative Strength
-48.42
4W RS Change
6.2%
Expectation
Undecided
Probability
49.11%
Volume

Participation and confirmation

Volume tells us whether the latest weekly move is being confirmed by unusual participation.

52-week volume profile

Volume map

Latest Volume
837.1K
13W Average
1.5M
52W Average
1.6M
Vs 13W
0.6x
Vs 52W
0.5x
Risk Anatomy

Volatility, downside weeks, and return shape

A compact risk profile shows whether the move is steady, volatile, or being driven by sharp one-week jumps.

26-week return distribution

Risk map

13W Volatility
7.5%
52W Volatility
6.8%
Upside Weeks
22
Downside Weeks
29
Downside Breadth
55.8%
Avg Gain / Loss
3.7% / -5.4%
Context

Classification, opportunities, risks, and watch points

Top-level read across company classification, constructive evidence, caution points, and the next things that matter.

Classification

Exchange
OSL
Country
NO
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Currency
NOK
Market Cap
1.3B

Opportunity signals

  • Market Dynamics is positive on the latest completed week.

Risk signals

  • Trend Signal is inactive, so price action has not confirmed a constructive regime.
  • Price is below the Trend Line, which keeps downside pressure in focus.
  • Price is below Fair Value, so the market is still discounting the latest tape.
  • The share remains more than 20% below its 52-week high.
  • The latest week was a sharp negative move.

Watch next

  • Trend Line remains the key weekly regime level.
  • Market Dynamics is the pressure gauge to monitor for confirmation or fade.
  • A volume ratio above 1.5x would show stronger participation in the next move.
Weekly Tape

Recent completed weeks

The latest weekly rows behind the report snapshot.

Week Close Return Trend Fair Value MD RS Volume Signal
12 Jun 2026 9.13 NOK -8.0% 12.76 NOK 17.93 NOK 0.08 -48.42 837.1K Off
5 Jun 2026 9.92 NOK -7.6% 12.96 NOK 17.94 NOK 0.25 -45.31 697.5K Off
29 May 2026 10.74 NOK 1.1% 13.08 NOK 17.95 NOK 0.43 -41.89 3.1M Off
22 May 2026 10.62 NOK 13.6% 13.21 NOK 17.95 NOK 0.43 -44.85 2.1M Off
15 May 2026 9.35 NOK -19.7% 13.33 NOK 17.96 NOK 0.46 -51.64 3.9M Off
8 May 2026 11.64 NOK -4.6% 13.50 NOK 17.97 NOK 0.47 -39.45 950.2K Off
1 May 2026 12.20 NOK 2.3% 13.60 NOK 17.97 NOK 0.30 -38.92 730.4K Off
24 Apr 2026 11.92 NOK -3.9% 13.71 NOK 17.97 NOK 0.01 -40.50 1.0M Off
17 Apr 2026 12.40 NOK -1.0% 13.81 NOK 17.97 NOK -0.30 -38.28 2.9M Off
10 Apr 2026 12.52 NOK 4.7% 13.95 NOK 17.97 NOK -0.54 -40.90 1.0M Off
3 Apr 2026 11.96 NOK 2.6% 14.10 NOK 17.97 NOK -0.67 -44.58 371.9K Off
27 Mar 2026 11.66 NOK 0.5% 14.27 NOK 17.97 NOK -0.74 -44.75 849.4K Off
20 Mar 2026 11.60 NOK 1.2% 14.49 NOK 17.98 NOK -0.76 -45.44 1.2M Off
13 Mar 2026 11.46 NOK 4.2% 14.71 NOK 17.98 NOK -0.81 -46.26 1.0M Off