Norsemont Capital (NOM) AI Stock Analysis

• Market Cap: C$13.97M
• Dividend Yield: N/A
• Average Volume (3M): 88.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.31
• Revenue Growth: N/A
• EPS Growth: 28.80%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 52
• Industry: Gold
• EPS (TTM): -0.03
• Shares Outstanding: 69,856,360
• 10 Day Avg. Volume: 40,540
• 30 Day Avg. Volume: 88,517
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• Price to Cash Flow (P/CF): -46.10
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Norsemont Capital's overall stock score is low due to its exploration-stage financial profile, characterized by lack of revenue, significant losses, and cash flow challenges. Technical analysis shows mixed signals, with potential bearish momentum. Valuation is affected by negative earnings and absence of a dividend yield, making the stock less attractive to income-focused investors. The absence of earnings call data and corporate events limits additional insights.

Norsemont Capital Business Overview & Revenue Model

Company Description

Norsemont Capital (NOM) is a resource exploration and development company focused on acquiring and advancing high-quality mineral properties. The company primarily operates within the mining sector, with a strategic emphasis on precious metal projects. Norsemont Capital aims to create value through the exploration and potential development of its mineral assets, leveraging its expertise to identify and maximize opportunities within the mining industry.

How the Company Makes Money

Norsemont Capital makes money through the exploration and development of mineral properties, focusing on precious metals such as gold and silver. The company's revenue model typically involves the acquisition of promising mineral properties, conducting exploration activities to assess their potential, and developing these properties to increase their value. Once a property is sufficiently developed, Norsemont Capital may choose to sell, lease, or enter into joint venture agreements with larger mining companies, generating revenue through these transactions. Additionally, the company may raise funds through equity financing to support its exploration and development activities, relying on investor interest in its projects and the potential for future returns.

Norsemont Capital Financial Statement Overview

Summary

Norsemont Capital's financials reflect an exploration-stage mining company with no revenue, significant operational expenses, and negative cash flows. The company shows substantial cash consumption, high net losses, and increasing reliance on external financing. While the balance sheet shows reasonable equity levels, growing liabilities and limited cash reserves pose financial risks.

Income Statement

Norsemont Capital has consistently reported zero revenue over the years, reflecting its early stage or exploration status typical in the mining industry. The company is experiencing significant losses as evidenced by persistent negative EBIT and net income, with no signs of revenue growth. This indicates a challenging financial trajectory with substantial operational inefficiencies.

Balance Sheet

The company's balance sheet shows a reasonable equity position relative to total assets, with the equity ratio fluctuating between 63% to 98% over the years. However, increasing liabilities and debt levels, coupled with declining stockholders' equity, suggest rising leverage and potential financial instability. The debt-to-equity ratio remains low, but the trend towards increased debt is a concern.

Cash Flow

Norsemont Capital faces negative operating and free cash flows, indicating ongoing cash burn which is common in exploration firms. The operating cash flow to net income ratio is negative due to substantial cash outflows relative to income. Reliance on financing activities to cover cash deficits poses a risk, highlighting the importance of securing additional funding to sustain operations.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
0.00	0.00	0.00	0.00	0.00	0.00
	Gross Profit
-9.30K	-37.20K	-37.20K	-25.95K	-739.00	-378.00
	EBIT
-1.20M	-2.07M	-5.26M	-9.46M	-5.88M	-332.14K
	EBITDA
-1.42M	-2.07M	-4.67M	-9.43M	-3.86M	-312.76K
	Net Income Common Stockholders
-1.87M	-2.39M	-5.49M	-9.47M	-5.40M	-332.09K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.19M	5.11K	24.51K	2.60M	7.60M	260.78K
	Total Assets
1.22M	27.52M	27.63M	30.32M	35.37M	266.77K
	Total Debt
0.00	1.28M	1.31M	93.70K	0.00	0.00
	Net Debt
-910.96K	1.27M	1.28M	-2.51M	-7.60M	-260.78K
	Total Liabilities
17.35K	4.53M	3.31M	2.15M	780.29K	115.81K
	Stockholders Equity
1.20M	22.99M	24.32M	28.17M	34.59M	150.95K
Cash Flow		Free Cash Flow
-155.08K	-722.28K	-4.22M	-6.56M	-8.41M	-147.65K
	Operating Cash Flow
-155.08K	-722.28K	-4.22M	-6.56M	-3.75M	-146.90K
	Investing Cash Flow
0.00	0.00	0.00	0.00	-4.65M	-750.00
	Financing Cash Flow
158.94K	704.24K	1.66M	1.51M	15.75M	387.61K

Norsemont Capital Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.20
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOM, the sentiment is Negative. The current price of 0.2 is below the 20-day moving average (MA) of 0.23, above the 50-day MA of 0.20, and above the 200-day MA of 0.19, indicating a neutral trend. The MACD of 0.01 indicates Positive momentum. The RSI at 48.28 is Neutral, neither overbought nor oversold. The STOCH value of 30.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NOM.

Norsemont Capital Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KNT	81 Outperform	C$2.69B	17.70	26.82%	―	77.93%	236.93%
Sector *	47 Neutral	$2.43B	-2.83	-21.77%	3.74%	4.16%	-28.83%
NOM	41 Neutral	C$13.97M	―	-8.20%	―	―	28.80%
BMK	37 Underperform	C$3.36M	―	25.02%	―	―	84.51%
FOM	36 Underperform	C$1.25B	―	-3.01%	―	―	8.92%

Norsemont Capital Corporate Events

Norsemont Mining Advances Choquelimpie Project with Strategic Funding and Team Expansion

Norsemont Mining Inc. has successfully raised CAD $4 million from strategic investors and has made significant progress in clearing debts and strengthening its team. With a successful site visit and the upcoming release of a 43-101 resource estimate, the company is advancing its Choquelimpie project in Chile, aiming to enhance feasibility and development of its gold-silver-copper asset.

Norsemont Capital Welcomes New Board Member

Norsemont Mining Inc. has appointed Mijael Thiele to its Board of Directors, bringing his extensive expertise in managing major mining projects to the company. Thiele’s experience includes leading large-scale copper and gold operations and delivering innovative solutions in the mining industry. The company also announced the granting of 750,000 stock options to its directors and officers.