Novonix Limited (NVX)
Novonix Limited operates in the Electrical Equipment & Parts industry of the Industrials sector, headquartered in Brisbane, QLD, AU. The stock last traded at $0.43, down 4.06% on the session, giving a market capitalisation of $90.4M. On trailing twelve-month figures it carries a trailing P/E of -0.75, a net margin of -1665.7%. Its beta of 0.87 implies it has historically moved less than the broad market.
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.
Novonix Limited is most often compared with the following Industrials names: