Nordique Resources Inc. is a small company which is listed on Canadian Stock Exchange (CNSX). The ticker symbol of the company is NORD. The company is in the mining sector and its main operation is to look for valuable resources like gold and lithium – an element which is widely used in the industry to make batteries, including batteries for electric vehicles.
In this article, we’ll see what our experts think about the future share price of the company. We’ll cover Nordic Resources (CNSX: NORD) Stock Price Prediction for years ranging from 2024 – 2030, 2035, 2040, 2045.
Nordic Resources (CNSX: NORD) Stock Price Prediction 2024 – 2050:
We have prepared a table containing the data of what the stock price might be in the future years.
| Nordic Resources (CNSX: NORD) Stock Price Prediction | Price in CAD |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2024 | 0.055 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2025 | 0.062 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2026 | 0.070 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2027 | 0.079 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2028 | 0.090 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2029 | 0.101 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2030 | 0.115 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2035 | 0.211 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2040 | 0.389 |
| Nordic Resources (CNSX: NORD) Stock Price Prediction 2045 | 1.319 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2024
The stock opened at the price of 0.040 CAD in the beginning of August 2024. As of 15th August 2024, the stock is still at the same price.
The following table contains the starting price of the stocks for the months of January to August and the expected price of the stock from the months September to December.
| Month | Share price in CAD |
| January | 0.050 CAD |
| February | 0.080 CAD |
| March | 0.070 CAD |
| April | 0.050 CAD |
| May | 0.050 CAD |
| June | 0.040 CAD |
| July | 0.035 CAD |
| August | 0.040 CAD |
| September | 0.045 CAD |
| October | 0.040 CAD |
| November | 0.050 CAD |
| December | 0.055 CAD |
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Nordic Resources (CNSX: NORD) Stock Price Prediction 2025
The average price of the stock of Nordic Resources (CNSX: NORD) for 2025 will be CAD 0.059, with a high forecast of CAD 0.062, and a lower forecast of CAD 0.056.
| Month | Share price in CAD |
| January | 0.056 |
| February | 0.056 |
| March | 0.057 |
| April | 0.057 |
| May | 0.058 |
| June | 0.058 |
| July | 0.059 |
| August | 0.060 |
| September | 0.060 |
| October | 0.061 |
| November | 0.062 |
| December | 0.062 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2026
The average price of the stock of Nordic Resources (CNSX: NORD) for 2026 will be CAD 0.066, with a high forecast of CAD 0.070, and a lower forecast of CAD 0.063.
| Month | Share price in CAD |
| January | 0.063 |
| February | 0.063 |
| March | 0.064 |
| April | 0.065 |
| May | 0.065 |
| June | 0.066 |
| July | 0.067 |
| August | 0.067 |
| September | 0.068 |
| October | 0.069 |
| November | 0.070 |
| December | 0.070 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2027
The average price of the stock of Nordic Resources (CNSX: NORD) for 2027 will be CAD 0.075, with a high forecast of CAD 0.079, and a lower forecast of CAD 0.071.
| Month | Share price in CAD |
| January | 0.071 |
| February | 0.072 |
| March | 0.072 |
| April | 0.073 |
| May | 0.074 |
| June | 0.075 |
| July | 0.075 |
| August | 0.076 |
| September | 0.077 |
| October | 0.078 |
| November | 0.079 |
| December | 0.079 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2028
The average price of the stock of Nordic Resources (CNSX: NORD) for 2028 will be CAD 0.085, with a high forecast of CAD 0.090, and a lower forecast of CAD 0.080.
| Month | Share price in CAD |
| January | 0.080 |
| February | 0.081 |
| March | 0.082 |
| April | 0.083 |
| May | 0.084 |
| June | 0.084 |
| July | 0.085 |
| August | 0.086 |
| September | 0.087 |
| October | 0.088 |
| November | 0.089 |
| December | 0.090 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2029
The average price of the stock of Nordic Resources (CNSX: NORD) for 2029 will be CAD 0.096, with a high forecast of CAD 0.101, and a lower forecast of CAD 0.091.
| Month | Share price in CAD |
| January | 0.091 |
| February | 0.092 |
| March | 0.092 |
| April | 0.093 |
| May | 0.094 |
| June | 0.095 |
| July | 0.096 |
| August | 0.097 |
| September | 0.098 |
| October | 0.099 |
| November | 0.100 |
| December | 0.101 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2030
The average price of the stock of Nordic Resources (CNSX: NORD) for 2030 will be CAD 0.108, with a high forecast of CAD 0.115, and a lower forecast of CAD 0.102.
| Month | Share price in CAD |
| January | 0.102 |
| February | 0.103 |
| March | 0.104 |
| April | 0.106 |
| May | 0.107 |
| June | 0.108 |
| July | 0.109 |
| August | 0.110 |
| September | 0.111 |
| October | 0.112 |
| November | 0.113 |
| December | 0.115 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2035
The average price of the stock of Nordic Resources (CNSX: NORD) for 2035 will be CAD 0.200, with a high forecast of CAD 0.211, and a lower forecast of CAD 0.189.
| Month | Share price in CAD |
| January | 0.189 |
| February | 0.191 |
| March | 0.192 |
| April | 0.194 |
| May | 0.196 |
| June | 0.198 |
| July | 0.200 |
| August | 0.203 |
| September | 0.205 |
| October | 0.207 |
| November | 0.209 |
| December | 0.211 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2040
The average price of the stock of Nordic Resources (CNSX: NORD) for 2040 will be CAD 0.368, with a high forecast of CAD 0.389, and a lower forecast of CAD 0.348.
| Month | Share price in CAD |
| January | 0.348 |
| February | 0.351 |
| March | 0.355 |
| April | 0.358 |
| May | 0.362 |
| June | 0.366 |
| July | 0.369 |
| August | 0.373 |
| September | 0.377 |
| October | 0.381 |
| November | 0.385 |
| December | 0.389 |
Nordic Resources (CNSX: NORD) Stock Price Prediction 2045
The average price of the stock of Nordic Resources (CNSX: NORD) for 2045 will be CAD 1.248, with a high forecast of CAD 1.319, and a lower forecast of CAD 1.180.
| Month | Share price in CAD |
| January | 1.180 |
| February | 1.192 |
| March | 1.204 |
| April | 1.216 |
| May | 1.229 |
| June | 1.241 |
| July | 1.254 |
| August | 1.267 |
| September | 1.280 |
| October | 1.293 |
| November | 1.306 |
| December | 1.319 |
Nordic Resources (CNSX: NORD) Stock Price – Historical price of the stock:
The stock, Nordic Resources (CNSX: NORD) was listed on the Canadian Stock Exchange on the 13th October of the year 2021. So, here, in the following lines, we are presenting the data of the stock from that day.
Nordic Resources (CNSX: NORD) Stock Price in 2021:
The stock, Nordic Resources (CNSX: NORD), at the time, when the stock was listed on the stock exchange, the value of the stock was 0.040 Canadian Dollars. After that in the same month, the stock reached a high of 0.040 CAD. But then the stock price came down as it closed at the price of 4.50 CAD in October 2021.
In the subsequent months, the stock price of Nordic Resources (CNSX: NORD) increased. In the months of December the stock touched its all time high (till date) when it climbed the high of 6.50 Canadian Dollars. It finally closed in 2021 at the value of 5.50 CAD.
Nordic Resources (CNSX: NORD) Stock Price in 2022:
When the stock market opened for the first day in the year 2022, which was on 4th January 2022, the stock opened at the price of 5.50 CAD. Then the stock went high above to touch the price of 6.90 CAD which is till now the all-time high of the stock Nordic Resources (CNSX: NORD).
But from February 2022, the stock began to crash. In the first month (February), the stock crashed by 16.67% and made a low of 4 CAD. In the next month the stock lost its value by 55.79%.
On a monthly time frame, the stock closed in green only for 5 months and for the remaining month the stock crashed very sharply. Its closing price for the year 2022 was 0.400 CAD.
Nordic Resources (CNSX: NORD) Stock Price in 2023:
The trend for the stock Nordic Resources (CNSX: NORD) for the year 2023 was mostly flat.The stock first opened at the price of 0.450 CAD, then in February the stock rose by 100%. After that till the end of the year there was no significant growth for the stock, rather the stock price went down.
The stock was trading near a support of 0.255 Canadian dollars which the stock broke in the month of July. Then the stock made another support at around the level of 0.030 Canadian dollars, which is till date the strong immediate support for the stock.
Nordic Resources (CNSX: NORD) stock’s Technical Analysis:
Chart and trend analysis:
As we had just mentioned the stock lost its only uptrend that happened to it in the months ranging from October 2021 to January 2022.
From that time, the stock has not been able to recover from the down train that started for the stock in the month of February 2022. Only technical reasons are not liable for the crash of the share price of Nordic Resources (CNSX: NORD), there are also lots of financial stuff involved which are covered in the next section named “Fundamental analysis”.
The technical analysis of the stock has been done on the “4 hour time frame”. For the “4 hour time frame”, the relative strength index (14) stands at 46.847 – which is considered neutral. The average directional index stands at 12.239 which is also considered neutral.
The exponential moving average stands at 0.041 and the value of the simple moving average is at 0.040. As of now the immediate strong support for the stock is at 0.030 Canadian Dollars and the next immediate resistance is at 0.150 Canadian dollars.
Nordic Resources (CNSX: NORD) stock’s Fundamental Analysis:
Fundamental overview of the company:
Currently the company’s valuation is 200.34k Canadian dollars. The company was founded in the year 2018, but till now the company hasn’t been able to make any revenue.
Net income:
The company’s net income fell from -131.37 K CAD in 2020 to -0.05 million CAD in 2022. However, in the previous year the company has increased its net income to -1.07 million CAD.
Disclaimer:
The stock price predictions in this post are just for information and not financial advice. Make sure to consult a financial advisor and do your own research before making any investment decisions.
Frequently Asked Questions on Nordic Resources (CNSX: NORD)
What is the current price to earning (P/E) ratio of the company?
The company’s price to earning ratio is NIL as the company has no revenue.
Does Nordic Resources (CNSX: NORD) pay any dividend to its shareholders?
No, Nordic Resources (CNSX: NORD) does not pay any dividend to its shareholders.
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