Novonix Limited (NVNXF)
Novonix Limited operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Brisbane, QLD, AU. The stock last traded at $0.11, up 0.92% on the session, giving a market capitalisation of $77.2M. On trailing twelve-month figures it carries a trailing P/E of -0.74, a net margin of -1665.7%. Its beta of 0.87 implies it has historically moved less than the broad market.
Headquartered in Brisbane, Australia, and established in 2012, Novonix Limited provides battery materials, specialized equipment, and various services to the North American lithium-ion battery industry. The company, which adopted its current name in July 2017 after previously operating as Graphitecorp Limited, structures its operations across three main divisions. The Graphite Exploration and Mining segment is dedicated to prospecting for graphite deposits in Australia. Its Battery Technology division focuses on innovating battery cell testing equipment, developing batteries, and offering expert consulting. Concurrently, the Battery Materials segment is responsible for the creation and production of battery anode materials. Beyond these core activities, Novonix also participates in investment opportunities and conducts battery testing. The firm maintains key strategic partnerships, notably with Harper International Corporation, to advance specialized furnace technology designed to optimize its synthetic graphite manufacturing. Additionally, Novonix collaborates with Emera Technologies to engineer and manufacture energy storage systems for community microgrids.
Novonix Limited is most often compared with the following Industrials names: