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Last C$0.75 CAD
Change Today 0.00 / 0.00%
Volume 0.0
NIR On Other Exchanges
As of 1:01 PM 04/28/15 All times are local (Market data is delayed by at least 15 minutes).

noble iron inc (NIR) Snapshot

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52 Week High
06/12/14 - C$1.15
52 Week Low
02/20/15 - C$0.64
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noble iron inc (NIR) Details

Noble Iron Inc. engages in equipment rental and sales in Canada. The company operates in two segments, Enterprise Asset Management Software, and Construction and Industrial Equipment Rental and Distribution. It offers various equipment for rent, such as aerial, forklift, light compact, and heavy equipment in southern California and southeast Texas. The company also provides software applications for the construction and industrial equipment industry comprising enterprise software to manage the lifecycle of equipment ownership, including acquisition, rental, sale and other activities, and disposal. In addition, it sells various manufacturers’ equipment and accessories; and distributes construction machinery equipment in southeast Texas. The company was formerly known as Texada Software Inc. and changed its name to Noble Iron Inc. in July 2012. Noble Iron Inc. is based in Guelph, Canada.

noble iron inc (NIR) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: C$255.9K
Compensation as of Fiscal Year 2013.

noble iron inc (NIR) Key Developments

Noble Iron Inc. Announces Management Changes

Noble Iron Inc. announced that Thomas Caldaroni has left the company and will no longer serve as Noble Iron's Chief Financial Officer. On an interim basis, Nabil Kassam, Chairman & CEO, will assume the company's CFO duties, supported by Noble Iron's finance team.

Noble Iron Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Noble Iron Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported revenue of $5,762,000 against $4,993,000 a year ago. Net loss was $1,675,000 against $1,270,000 a year ago. Adjusted EBITDA was $400,000 compared to $755,000 a year ago. For the nine months, the company reported revenue of $16,137,000 against $15,079,000 a year ago. Net loss was $4,385,000 against $3,755,000 a year ago. Adjusted EBITDA was $1,256,000 against $1,661,000 a year ago. The overall increase in total Company revenue was driven by higher rental revenues within the Construction and Industrial Equipment Rental and Distribution segment. The decrease in Adjusted EBITDA is related to increased expenditures on fleet repair and maintenance, outside trucking and marketing initiatives incurred at the company's California operation.

Harry Jaako Steps Down from Noble Iron Inc.'s Board of Directors

Noble Iron Inc. announced that Harry Jaako has stepped down from the company's Board of Directors. Discovery Capital, Mr. Jaako's investment fund, remains a significant shareholder of Noble Iron and Mr. Jaako expressed his support of the Company's strategic direction and future.


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