company background image
NRM logo

Noram Lithium TSXV:NRM Stock Report

Last Price

CA$0.095

Market Cap

CA$8.5m

7D

5.6%

1Y

-75.6%

Updated

24 Dec, 2024

Data

Company Financials

NRM Stock Overview

Through its subsidiary, Green Energy Resources Inc., engages in the acquisition, exploration, and development of mineral exploration properties. More details

NRM fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Noram Lithium Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Noram Lithium
Historical stock prices
Current Share PriceCA$0.095
52 Week HighCA$0.38
52 Week LowCA$0.09
Beta1.23
1 Month Change-24.00%
3 Month Change-32.14%
1 Year Change-75.64%
3 Year Change-89.20%
5 Year Change5.56%
Change since IPO-95.68%

Recent News & Updates

Recent updates

Noram Lithium (CVE:NRM) Will Have To Spend Its Cash Wisely

Jan 11
Noram Lithium (CVE:NRM) Will Have To Spend Its Cash Wisely

Companies Like Noram Lithium (CVE:NRM) Are In A Position To Invest In Growth

Sep 28
Companies Like Noram Lithium (CVE:NRM) Are In A Position To Invest In Growth

Will Noram Lithium (CVE:NRM) Spend Its Cash Wisely?

Dec 16
Will Noram Lithium (CVE:NRM) Spend Its Cash Wisely?

We're Keeping An Eye On Noram Lithium's (CVE:NRM) Cash Burn Rate

Sep 01
We're Keeping An Eye On Noram Lithium's (CVE:NRM) Cash Burn Rate

We Think Noram Ventures (CVE:NRM) Can Afford To Drive Business Growth

Jan 01
We Think Noram Ventures (CVE:NRM) Can Afford To Drive Business Growth

Shareholder Returns

NRMCA Metals and MiningCA Market
7D5.6%-1.6%-0.7%
1Y-75.6%17.8%16.3%

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

Return vs Market: NRM underperformed the Canadian Market which returned 15.9% over the past year.

Price Volatility

Is NRM's price volatile compared to industry and market?
NRM volatility
NRM Average Weekly Movement9.7%
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: NRM has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: NRM's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/an/awww.noramlithiumcorp.com

Noram Lithium Corp., through its subsidiary, Green Energy Resources Inc., engages in the acquisition, exploration, and development of mineral exploration properties. It holds 100% interests in the Zeus lithium project with 146 placer claims and 136 lode claims covering an area of 1,113 hectares located in Clayton Valley, Nevada, the United States. The company was formerly known as Noram Ventures Inc. and changed its name to Noram Lithium Corp. in July 2021.

Noram Lithium Corp. Fundamentals Summary

How do Noram Lithium's earnings and revenue compare to its market cap?
NRM fundamental statistics
Market capCA$8.47m
Earnings (TTM)-CA$4.64m
Revenue (TTM)n/a

0.0x

P/S Ratio

-1.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRM income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$4.64m
Earnings-CA$4.64m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.052
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NRM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 12:30
End of Day Share Price 2024/12/24 00:00
Earnings2024/07/31
Annual Earnings2024/01/31

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

Noram Lithium Corp. is covered by 0 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