Northern Shield Resources (TSXV:NRN) - Stock Price, News & Analysis

NRN Stock Overview

A natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. More details

NRN fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Risk Analysis

Highly volatile share price over the past 3 months compared to the Canadian market

Earnings have declined by 10.7% per year over past 5 years

Has less than 1 year of cash runway

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

+ 1 more risk

Northern Shield Resources Inc. Competitors

Commander Resources

TSXV:CMD

CA$3.1m

Applied Graphite Technologies

TSXV:AGT

CA$3.3m

FE Battery Metals

CNSX:FE

CA$3.7m

Canadian GoldCamps

CNSX:CAMP

CA$3.2m

Price History & Performance

Summary of all time highs, changes and price drops for Northern Shield Resources
Historical stock prices
Current Share Price	CA$0.045
52 Week High	CA$0.06
52 Week Low	CA$0.025
Beta	1.46
11 Month Change	12.50%
3 Month Change	-10.00%
1 Year Change	0%
33 Year Change	-77.50%
5 Year Change	-83.64%
Change since IPO	-92.50%

Recent updates

Shareholder Returns

	NRN	CA Metals and Mining	CA Market
7D	12.5%	-0.6%	1.3%
1Y	0%	26.0%	23.7%

Return vs Industry: NRN underperformed the Canadian Metals and Mining industry which returned 25.4% over the past year.

Return vs Market: NRN underperformed the Canadian Market which returned 23% over the past year.

Price Volatility

Is NRN's price volatile compared to industry and market?
NRN volatility
NRN Average Weekly Movement	19.9%
Metals and Mining Industry Average Movement	10.4%
Market Average Movement	8.4%
10% most volatile stocks in CA Market	17.5%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: NRN's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: NRN's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
1999	n/a	Ian Bliss	www.northern-shield.com

Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company explores for nickel, copper, gold, silver, and tellurium deposits, as well as platinum group elements. Its flagship property is the Root & Cellar Au-Ag-Te-(Cu) property that consists of 16 mineral licenses covering an area of approximately 203 square kilometres located near Marystown and Creston on the Burin Peninsula.

Northern Shield Resources Inc. Fundamentals Summary

How do Northern Shield Resources's earnings and revenue compare to its market cap?
NRN fundamental statistics
Market cap	CA$3.33m
Earnings (TTM)	-CA$3.37m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-1.1x

P/E Ratio

Is NRN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRN income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$3.90k
Gross Profit	-CA$3.90k
Other Expenses	CA$3.36m
Earnings	-CA$3.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.04
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did NRN perform over the long term?

See historical performance and comparison

NRN Stock Overview

Risk Analysis

Northern Shield Resources Inc. Competitors

TSXV:CMD

CA$3.1m

TSXV:AGT

CA$3.3m

CNSX:FE

CA$3.7m

CNSX:CAMP

CA$3.2m

Price History & Performance

Recent News & Updates

New major risk - Revenue and earnings growth

Northern Shield Resources Inc. Finds More Visible Gold in Outcrop At Root & Cellar Gold-Silver-Tellurium Project, Newfoundland

New major risk - Financial position

Northern Shield Resources Inc., Annual General Meeting, Jun 25, 2024

Northern Shield Intersects Multiple Gold Structures Including 10.4 G/T Au over 1.5 Metres At Root & Cellar Property, Newfoundland

New major risk - Financial position

Recent updates

New major risk - Revenue and earnings growth

Northern Shield Resources Inc. Finds More Visible Gold in Outcrop At Root & Cellar Gold-Silver-Tellurium Project, Newfoundland

New major risk - Financial position

Northern Shield Resources Inc., Annual General Meeting, Jun 25, 2024

Northern Shield Intersects Multiple Gold Structures Including 10.4 G/T Au over 1.5 Metres At Root & Cellar Property, Newfoundland

New major risk - Financial position

Northern Shield Resources Inc. Identifies Visible Gold in 3 of 8 Drill Holes, Root & Cellar Property, Newfoundland

Northern Shield Resources Inc. Provides Update on Diamond Drilling At Root & Cellar Property, Newfoundland, Visible Gold Noted in Drill-Core

Northern Shield Resources Inc. Samples 1.5% Cu+Ni and 12.3g/t PGE+Au from Idefix Ni-Cu-PGE Property, Northern Quebec

Northern Shield Resources Inc. Samples 26.0 g/t Gold, 27.9 g/t Silver, 185.0 g/t Tellurium, 1.7% Copper and Commences Diamond Drilling Program at Root & Cellar Property, Newfoundland

Northern Shield Resources Inc. announced that it has received CAD 0.2275 million in funding

Northern Shield Resources Inc. Provides an Update on Exploration At the Root & Cellar Gold- Tellurium-Silver-Copper Project Located Near Marystown on the Burin Peninsula, in Southeastern Newfoundland

Northern Shield Resources Inc. Commences Trenching Program and Prepares for Drilling At Root & Cellar Project, Newfoundland

Independent Chairman of the Board recently bought CA$221k worth of stock

Northern Shield Resources Inc. Appoints Mr. Peter Dimmell to Board of Directors

Northern Shield Resources Inc. Identifies New Area of Mineralization At Root & Cellar Gold-Copper Tellurium Project, Newfoundland

Northern Shield Commences Exploration At Root & Cellar Project, Newfoundland

Northern Shield Samples More High-Grade Gold at the Root & Cellar Project, Newfoundland

Northern Shield Resources Inc. Announces That More Visible Gold Has Been Identified At Root & Cellar Located on the Burin Peninsula in Southeastern Newfoundland

Northern Shield Resources Inc. announced that it has received CAD 0.530697 million in funding

Northern Shield Resources Inc. announced that it has received CAD 0.530697 million in funding

Insufficient new directors

Northern Shield Resources Inc. Identifies At Northern Shield's Root & Cellar Property, Newfoundland

Northern Shield Samples 111 g/t Gold in Grab Sample Proximal to New Target at Root & Cellar

Northern Shield Resources Inc. Identifies Substantial New Targets and Continues to Uncover New Mineralization At the Root and Cellar Gold

Insufficient new directors

Northern Shield Announces Resignation of Marcus Archer from the Board of Directors

Northern Shield Resources Inc Discovers New Gold Zone, Expanding Mineralized Footprint to 1,600 x 700 metres; Root & Cellar Project, Newfoundland

Insufficient new directors

Northern Shield Resources Inc. Expands Surface Mineralization, Provides Exploration Update, Root & Cellar Gold Project, Newfoundland

Northern Shield Revisits Idefix Ni-Cu-PGE Project in Northern Quebec

Northern Shield Resources Inc., Annual General Meeting, Jun 21, 2022

Northern Shield Announces Exploration Underway at Root & Cellar Gold Project, Newfoundland

Northern Shield Resources Inc. Provides Update on Root & Cellar Gold Project, Newfoundland

Northern Shield Resources Inc. Provides an Update on Exploration At Its Root & Cellar Gold-Silver-Copper Project

Northern Shield Resources Inc. Provides an Update on Exploration and Interpretation from the Root & Cellar Gold-Silver-Copper Project

Northern Shield Resources Inc. Updates on Root & Cellar Gold-Silver Project, Newfoundland

Northern Shield Resources Inc. Provides Update on the Third Phase of Drilling At Its Shot Rock Gold Project in Nova Scotia and Progress on the Geophysical Survey At Root & Cellar in Newfoundland

Northern Shield Resources Inc. Commences Ground Geophysics at Root & Cellar Gold-Silver Project, Newfoundland

Northern Shield Resources Inc. Commences Phase 3 Drilling Program At Shot Rock Gold-Silver Property, Nova Scotia

Northern Shield Continues to Find High-Grade Gold at Root & Cellar Project, Newfoundland

Northern Shield Announces Further Drilling to Commence Shortly At Shot Rock Gold-Silver Property, Nova Scotia

Northern Shield Resources Inc. Discovers More Gold Mineralization At Root & Cellar Project, Newfoundland

Northern Shield Resources Inc. announced that it has received CAD 0.5 million in funding from Crescat Portfolio Management LLC and other investors

Northern Shield Completes Ground Geophysical Survey at Shot Rock Gold Project, Nova Scotia

Northern Shield Resources Inc. Announces Results from Its Soil Sampling Program at the Root & Cellar Property

Northern Shield Resources Inc. announced that it has received CAD 2.692 million in funding from Crescat Portfolio Management LLC and other investors

Northern Shield Resources Inc. (TSXV:NRN) acquired Two Licences on Merasheen Island in Placentia Bay, Newfoundland.

Shareholder Returns

Price Volatility

About the Company

Northern Shield Resources Inc. Fundamentals Summary

0.0x

-1.1x

Earnings & Revenue