Noram Lithium (DB:N7R) - Stock Price, News & Analysis

N7R Stock Overview

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

About the company

N7R fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

Does not have a meaningful market cap (€12M)

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

Has less than 1 year of cash runway

Earnings have declined by 23.5% per year over past 5 years

+ 1 more risk

Noram Lithium Corp. Competitors

IberAmerican Lithium

DB:W2C

€4.6m

Greenland Resources

DB:M0LY

€53.4m

Pasinex Resources

DB:PNX

€1.2m

Bio-Gate

DB:BIG1

€7.8m

Price History & Performance

Summary of all time highs, changes and price drops for Noram Lithium
Historical stock prices
Current Share Price	CA$0.079
52 Week High	CA$0.35
52 Week Low	CA$0.054
Beta	1.26
11 Month Change	-10.84%
3 Month Change	-54.73%
1 Year Change	-74.76%
33 Year Change	-83.37%
5 Year Change	83.72%
Change since IPO	-93.31%

Recent updates

Shareholder Returns

	N7R	DE Metals and Mining	DE Market
7D	5.9%	0.1%	-1.0%
1Y	-74.8%	-30.8%	12.8%

Return vs Industry: N7R underperformed the German Metals and Mining industry which returned -30.8% over the past year.

Return vs Market: N7R underperformed the German Market which returned 12.8% over the past year.

Price Volatility

Is N7R's price volatile compared to industry and market?
N7R volatility
N7R Average Weekly Movement	26.5%
Metals and Mining Industry Average Movement	5.8%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	11.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: N7R's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: N7R's weekly volatility (26%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
2010	n/a	n/a	www.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?
N7R fundamental statistics
Market cap	€8.38m
Earnings (TTM)	-€3.12m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.7x

P/E Ratio

Is N7R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
N7R income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$4.64m
Earnings	-CA$4.64m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.052
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did N7R perform over the long term?

See historical performance and comparison

N7R Stock Overview

Rewards

Risk Analysis

Noram Lithium Corp. Competitors

DB:W2C

€4.6m

DB:M0LY

€53.4m

DB:PNX

€1.2m

DB:BIG1

€7.8m

Price History & Performance

Recent News & Updates

New major risk - Market cap size

Noram Lithium Corp. Announces Updated Mineral Resource Estimate for Zeus Project

Noram Lithium Corp Announces Resignation of Adam Falkoff from the Board of Directors

Noram Lithium Corp Provides Third and Final Update from Its Phase Vii Drilling Program Underway At Is 100% Owned Zeus Lithium Project, Located in Clayton Valley, Nevada

Noram Lithium Corp Provides Third and Final Update from Its Phase Vii Drilling Program Underway At Is 100% Owned Zeus Lithium Project, Located in Clayton Valley, Nevada

Noram Lithium Corp. Extends High-Grade Zone At Zeus

Recent updates

New major risk - Market cap size

Noram Lithium Corp. Announces Updated Mineral Resource Estimate for Zeus Project

Noram Lithium Corp Announces Resignation of Adam Falkoff from the Board of Directors

Noram Lithium Corp Provides Third and Final Update from Its Phase Vii Drilling Program Underway At Is 100% Owned Zeus Lithium Project, Located in Clayton Valley, Nevada

Noram Lithium Corp Provides Third and Final Update from Its Phase Vii Drilling Program Underway At Is 100% Owned Zeus Lithium Project, Located in Clayton Valley, Nevada

Noram Lithium Corp. Extends High-Grade Zone At Zeus

Noram Lithium Corp., Annual General Meeting, Mar 18, 2024

Noram Lithium Corp. Provides Drilling Results from Zeus

Noram Lithium Corp. Announces Board Changes

New major risk - Financial position

Noram Lithium Corp. Announces the Completion of Core Hole CVZ-87, the Fourth Hole in Its 10-Hole Phase Vii Drilling Program on Its 100% Owned Zeus Project in Clayton Valley, Nevada, USA

Noram Lithium Corp. Drills Deepest Hole to Date: Confirming Fault and Mineralizing Structures Interpretation

Noram Ventures Inc. Successfully Drills Deepest Hole to Date & Intersects 756.5 Ft (230.6 M) of Favourable Tuffaceous Claystones

Noram Ventures Inc. Announces Completion of the First of its 10 Hole Drill Program

Noram Lithium Corp. Commences Phase Vii Drill Campaign to Pursue High Grade Layer At Depth

Noram Lithium Corp. Prepares to Drill Second Potential High-Grade Zone at Zeus Lithium Project

Noram Lithium Corp. Provides an Update on Its 100% Owned Zeus Lithium Project Located in Clayton Valley, Nevada

Noram Lithium Corp. Provides Update on Zeus Lithium Project Process Development and Laboratory Testing

Noram Lithium Corp. Provides Update on Zeus Lithium Project Mine Plan Optimization Work

New major risk - Share price stability

Founder & Chair of the Board recently bought €56k worth of stock

Noram Lithium Announces a Further Metallurgical Test Work Program for the Zeus Lithium Project

Noram Lithium Corp Announces Significant Increase in Its Estimated Mineral Resources At the Zeus Lithium Project

Noram Lithium Corp. Announces Resignation of Peter A. Ball as President and Chief Operating Officer, Effective January 31, 2023

Noram Lithium Corp. Announces CEO Changes

Less than half of directors are independent

Noram Lithium Corp. Appoints Vahid Sohrabi to the Advisory Board

Noram Receives Results for CVZ-81 with High-Grade Long Intercept of 330FT with Weighted Average 1169 PPM Li and Li High of 1810 PPM

Noram Lithium Corp. Announces Results for CVZ-80 (PH-12)

Noram Lithium Corp. Announces the Successful Completion of Cvz-79 (Ph-05) and Release of the Final Assay Results

Noram Lithium Corp. Announces the Successful Completion of Cvz-77 (Ph-04) and Cvz-78 (Ph-11) and Release of the Final Assay Results

Noram Lithium Corp. Receives Results for CVZ-75 & 76: High-Grade Intercepts of 150 Ft (45.7 M) Averaging 962 PPM, & 100 Ft (30.5 M) Averaging 1,163 PPM Respectively

Noram Lithium Corp. Announces Successful Completion of CVZ-71 (PH-10) and Release of the Final Assay Results

Noram Lithium Corp. Announces Infill Drill Program for Pre-Feasiblity Study Completion and Commencement of Plan of Operations

Noram Lithium Corp. Receives Results for CVZ-72 with the Longest and Highest-Grade Intercept from All of the Zeus Drilling to Date

Less than half of directors are independent

Noram Lithium Corp. Completes Hole CVZ-73 (PH-08) on Its Zeus Lithium Clay Deposit in Nevada

Noram Lithium Corp. Announces Successful Completion of CVZ-70

Noram Completes Cvz-72 At 428Ft (130.M) with Near Surface Mineralization, over 323Ft (98.4M) of Visually Rich Clays

Noram Lithium Corp. Completes Hole CVZ-70 on its Zeus Lithium Clay Deposit in Nevada to Total Depth of 463 Ft

Noram Ventures Inc. Provides Phase V Drill Program Overview and Summary

Noram Ventures Inc. announced that it has received CAD 2.30008 million in funding from 0784608 B.C. Ltd, Sakura Exploration Ltd

Noram Ventures Inc. Announces Completion of CVZ-64

Noram Ventures Inc. Announces the Completion of CVZ-67

Noram Ventures Inc. announced that it expects to receive CAD 2.3002 million in funding

Noram Ventures Inc. Announces Successful Completion of CVZ-65

Noram Ventures Inc. Receives Second Half of the Results for CVZ-62

Noram Ventures Inc. Announces the Completion of Its 6th Hole of the Phase V 12-Hole Drill Program

Noram Ventures Inc. Completes Drill Hole CVZ-65: 180Ft of Claystone

CFO & Director recently sold €81k worth of stock

Noram Ventures Inc. Resumes Drilling in Clayton Valley

New 90-day high: €0.33

Noram Receives Assay Results for CVZ-61 with High of 1860Ppm:260Ft (79M) of 1130Ppm from 107Ft (32M) to 367Ft (112M)

Noram Ventures Inc. Announces Drills Longest Intersection to Date of 380 FT

New 90-day high: €0.22

Chairman recently bought €65k worth of stock

Noram Ventures Inc. Announces Drilling Updates

Noram Ventures Inc. Drills One of Thickest Claystone Intersections to Date in Previously Undrilled Area

Noram Ventures Inc. Announces Successful Start to its Phase V Drill Program