Noram Lithium (OTCPK:NRVT.F) - Stock Price, News & Analysis

NRVT.F Stock Overview

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

About the company

NRVT.F fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Risk Analysis

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

Has less than 1 year of cash runway

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

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

+ 1 more risk

Noram Lithium Corp. Competitors

Rise Gold

OTCPK:RYES

US$7.8m

General European Strategic Investments

OTCPK:GESI

US$3.9m

China Natural Resources

NasdaqCM:CHNR

US$7.7m

Snow Lake Resources

NasdaqCM:LITM

US$7.0m

Price History & Performance

Summary of all time highs, changes and price drops for Noram Lithium
Historical stock prices
Current Share Price	CA$0.094
52 Week High	CA$0.38
52 Week Low	CA$0.067
Beta	1.26
11 Month Change	-18.20%
3 Month Change	-54.46%
1 Year Change	-73.75%
33 Year Change	-83.14%
5 Year Change	92.84%
Change since IPO	-94.35%

Recent updates

Shareholder Returns

	NRVT.F	US Metals and Mining	US Market
7D	-5.2%	-3.4%	-0.7%
1Y	-73.8%	34.0%	32.5%

Return vs Industry: NRVT.F underperformed the US Metals and Mining industry which returned 34% over the past year.

Return vs Market: NRVT.F underperformed the US Market which returned 32.5% over the past year.

Price Volatility

Is NRVT.F's price volatile compared to industry and market?
NRVT.F volatility
NRVT.F Average Weekly Movement	16.8%
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.4%
10% most volatile stocks in US Market	14.9%
10% least volatile stocks in US Market	3.2%

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

Volatility Over Time: NRVT.F's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US 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?
NRVT.F fundamental statistics
Market cap	US$9.20m
Earnings (TTM)	-US$3.42m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-2.7x

P/E Ratio

Is NRVT.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NRVT.F 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 NRVT.F perform over the long term?

See historical performance and comparison

NRVT.F Stock Overview

Rewards

Risk Analysis

Noram Lithium Corp. Competitors

OTCPK:RYES

US$7.8m

OTCPK:GESI

US$3.9m

NasdaqCM:CHNR

US$7.7m

NasdaqCM:LITM

US$7.0m

Price History & Performance

Recent News & Updates

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

Recent updates

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

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

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

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

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

Noram Ventures Inc. Achieves Initial Success with Chloride-Based Leaching for Lithium Clay Extraction

Noram Ventures Inc. Resumes Drilling in Clayton Valley

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

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

Noram Ventures Inc. Files Permits for the Fall Drill Campaign At Zeus

Noram Ventures Inc. announced that it has received CAD 0.27 million in funding

Noram Ventures Inc. announced that it expects to receive CAD 0.27 million in funding

Shareholder Returns

Price Volatility

About the Company

Noram Lithium Corp. Fundamentals Summary

0.0x

-2.7x