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First Nordic Metals TSXV:FNM Stock Report

Last Price

CA$0.37

Market Cap

CA$97.5m

7D

4.2%

1Y

146.7%

Updated

24 Dec, 2024

Data

Company Financials

First Nordic Metals Corp.

TSXV:FNM Stock Report

Market Cap: CA$97.5m

FNM Stock Overview

An exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Sweden. More details

FNM fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Risk Analysis

Earnings have declined by 16.2% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (CA$97M)


My Notes

Capture your thoughts, links and company narrative

First Nordic Metals Corp. Competitors

NeXGold Mining

TSXV:NEXG

CA$94.1m

Monument Mining

TSXV:MMY

CA$92.0m

STLLR Gold

TSX:STLR

CA$97.9m

Sailfish Royalty

TSXV:FISH

CA$96.7m

Price History & Performance

Summary of share price highs, lows and changes for First Nordic Metals
Historical stock prices
Current Share PriceCA$0.37
52 Week HighCA$0.41
52 Week LowCA$0.10
Beta1.53
1 Month Change19.35%
3 Month Change4.23%
1 Year Change146.67%
3 Year Change-13.95%
5 Year Change-26.00%
Change since IPO208.33%

Recent News & Updates

Recent updates

We're Hopeful That Barsele Minerals (CVE:BME) Will Use Its Cash Wisely

Mar 14
We're Hopeful That Barsele Minerals (CVE:BME) Will Use Its Cash Wisely

Companies Like Barsele Minerals (CVE:BME) Are In A Position To Invest In Growth

Nov 22
Companies Like Barsele Minerals (CVE:BME) Are In A Position To Invest In Growth

Will Barsele Minerals (CVE:BME) Spend Its Cash Wisely?

Nov 16
Will Barsele Minerals (CVE:BME) Spend Its Cash Wisely?

Companies Like Barsele Minerals (CVE:BME) Are In A Position To Invest In Growth

Aug 03
Companies Like Barsele Minerals (CVE:BME) Are In A Position To Invest In Growth

Shareholder Returns

FNMCA Metals and MiningCA Market
7D4.2%-1.6%-0.7%
1Y146.7%17.8%16.3%

Return vs Industry: FNM exceeded the Canadian Metals and Mining industry which returned 17.5% over the past year.

Return vs Market: FNM exceeded the Canadian Market which returned 15.9% over the past year.

Price Volatility

Is FNM's price volatile compared to industry and market?
FNM volatility
FNM Average Weekly Movement8.9%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market2.9%

Stable Share Price: FNM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: FNM's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/aTaj Singhwww.fnmetals.com

First Nordic Metals Corp., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Sweden. The company explores for iron ore, gold, silver, copper, and zinc deposits. Its flagship project is the 45% Barsele Gold Project that covers an area of approximately 47,000 hectares located in Västerbottens Län, northern Sweden.

First Nordic Metals Corp. Fundamentals Summary

How do First Nordic Metals's earnings and revenue compare to its market cap?
FNM fundamental statistics
Market capCA$97.49m
Earnings (TTM)-CA$7.38m
Revenue (TTM)n/a

0.0x

P/S Ratio

-13.2x

P/E Ratio

Is FNM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FNM income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$7.38m
Earnings-CA$7.38m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.028
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did FNM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 08:39
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

First Nordic Metals Corp. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John SclodnickNational Bank Financial