Norsemont Capital Inc (TSE:NOM)
:NOM
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Norsemont Capital
(NOM)
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Rating:46Neutral
Price Target:
C$0.97
▼(-2.02% Downside)
Action:Reiterated
Date:05/17/26
The score is primarily held back by weak financial performance (no revenue, larger 2025 losses, and worsening cash burn) and a bearish technical setup (below key moving averages with negative MACD). The balance sheet provides some offset via moderate leverage, but negative earnings also limit valuation support and no dividend is indicated.
Positive Factors
Moderate Leverage / Equity Base
A sizeable equity base and low reported leverage provide durable financial cushioning for a pre-revenue gold explorer. This structural balance sheet strength reduces near-term refinancing urgency, improves ability to absorb project spending, and supports negotiating credit or equity raises under less stressed terms.
Negative Factors
Pre-revenue Business Model
A prolonged pre-revenue profile means the company is structurally dependent on external funding rather than internally generated cash. Over months this elevates execution risk on projects, increases probability of dilution or slower project timelines, and reduces visibility into sustainable earnings.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate Leverage / Equity Base
A sizeable equity base and low reported leverage provide durable financial cushioning for a pre-revenue gold explorer. This structural balance sheet strength reduces near-term refinancing urgency, improves ability to absorb project spending, and supports negotiating credit or equity raises under less stressed terms.
Read all positive factors
Norsemont Capital (NOM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$74.41M
Dividend YieldN/A
Average Volume (3M)199.06K
Price to Earnings (P/E)―
Beta (1Y)1.47
Revenue GrowthN/A
EPS Growth-206.17%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.11
Shares Outstanding69,543,860
10 Day Avg. Volume212,090
30 Day Avg. Volume199,065
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)2.92
Price to Sales (P/S)0.00
P/FCF Ratio-14.32
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Norsemont Capital Business Overview & Revenue Model
Company Description
Norsemont Mining Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. It holds a 100% interest in the Choquelimpie gold and silver project covering an area of approximately 5,...
Norsemont Capital Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | Dec 2025 | Mar 2025 | Jun 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -24.88K | 0.00 | -37.20K | -37.20K | -25.95K |
| EBITDA | -6.21M | 0.00 | -2.07M | -5.27M | -9.43M |
| Net Income | -8.08M | -2.05M | -2.39M | -5.44M | -9.46M |
Balance Sheet | |||||
| Total Assets | 45.88M | 28.61M | 27.52M | 27.63M | 30.32M |
| Cash, Cash Equivalents and Short-Term Investments | 18.23M | 957.87K | 5.11K | 24.51K | 2.60M |
| Total Debt | 5.62M | 2.87M | 1.28M | 1.31M | 93.70K |
| Total Liabilities | 21.05M | 5.48M | 4.53M | 3.31M | 2.15M |
| Stockholders Equity | 24.82M | 23.14M | 22.99M | 24.32M | 28.17M |
Cash Flow | |||||
| Free Cash Flow | -5.07M | -2.03M | -722.28K | -4.22M | -6.56M |
| Operating Cash Flow | -4.91M | -2.03M | -722.28K | -4.22M | -6.56M |
| Investing Cash Flow | -156.13K | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 22.40M | 2.98M | 704.24K | 1.66M | 1.51M |
Norsemont Capital Technical Analysis
Negative
0.99
Price Trends
1.28
Negative
1.29
Negative
1.08
Negative
Market Momentum
-0.07
Positive
32.04
Neutral
28.90
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 0.99 is below the 20-day moving average (MA) of 1.23, below the 50-day MA of 1.28, and below the 200-day MA of 1.08, indicating a bearish trend. The MACD of -0.07 indicates Positive momentum. The RSI at 32.04 is Neutral, neither overbought nor oversold. The STOCH value of 28.90 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$95.36M | -23.57 | -15.57% | ― | ― | -502.38% | |
49 Neutral | C$59.19M | -16.19 | -6.77% | ― | ― | -29.35% | |
49 Neutral | C$76.74M | -19.24 | 97.87% | ― | ― | 5.48% | |
46 Neutral | C$74.41M | -8.98 | -33.09% | ― | ― | -206.17% | |
46 Neutral | C$145.93M | -6.63 | -15.01% | ― | ― | -59.91% | |
46 Neutral | C$72.86M | -9.01 | -177.75% | ― | ― | 42.07% |
* Basic Materials Sector Average
TSE:NOM
Norsemont Capital
1.07
0.86
397.67%
TSE:GPG
Grande Portage Resources
0.33
0.15
78.38%
TSE:GGO
Galleon Gold
1.08
0.83
332.00%
TSE:RPX
Red Pine Exploration
0.20
0.08
69.57%
TSE:ROS
RosCan Gold
0.18
0.11
191.67%
TSE:FMAN
Freeman Gold Corp
0.31
0.17
113.79%
Norsemont Capital Corporate Events
Business Operations and StrategyDelistings and Listing Changes
Norsemont Mining Begins OTCQX Trading to Broaden U.S. Investor Reach
Positive
Apr 2, 2026
Norsemont Mining Inc., an advanced-stage gold-silver-copper exploration and development company with a 100% interest in the resource-rich Choquelimpie project in northern Chile, has begun trading on the OTCQX market in the U.S. under the ticker NR...
Business Operations and StrategyRegulatory Filings and Compliance
Norsemont Mining Advances Choquelimpie Project With 2026 Environmental Filing Target
Positive
Mar 3, 2026
Norsemont Mining has engaged DAES Consultores to prepare an Environmental Impact Declaration for its Choquelimpie project in Chile, targeting completion by December 2026 as part of the regulatory pathway for future development. Led internally by e...
Business Operations and Strategy
Norsemont Mining to Spotlight Choquelimpie Project at PDAC 2026
Positive
Feb 26, 2026
Norsemont Mining Inc. will showcase its latest exploration results and development strategy at Booth 3035 during the PDAC 2026 convention at Toronto’s Metro Toronto Convention Centre from March 1 to 4. The company’s technical and manag...
Business Operations and Strategy
Norsemont Mining Intercepts Long Higher-Grade Gold Zones at Chile’s Choquelimpie Project
Positive
Feb 24, 2026
Norsemont Mining reported strong initial assay results from three of seven Phase 3 drill holes at its Choquelimpie project, including 109 meters grading 1.09 g/t gold and 94 meters grading 1.26 g/t gold, both starting at surface. Management said t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.