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Norsemont Capital
(NOM)
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Rating:42Neutral
Price Target:
C$0.85
▲(13.87% Upside)
Action:Reiterated
Date:06/04/26
The score is primarily held down by weak financial performance: no revenue, widening losses, and accelerating cash burn that increases dependence on external funding despite only moderate leverage. Technicals add additional pressure with a clear downtrend and bearish momentum. Valuation contributes limited support because losses drive a negative P/E and there is no dividend yield provided.
Positive Factors
Moderate leverage (low debt burden)
A debt-to-equity ratio near 0.23 indicates the company carries limited financial leverage for an exploration-stage miner. This reduces immediate refinancing pressure, preserves optionality to fund exploration via debt or equity, and lowers short-term solvency risk versus highly leveraged peers.
Negative Factors
Pre-revenue with widening net losses
The company reports no operating revenue and a sharply wider trailing-twelve-month net loss, signaling deteriorating profitability. Persistent, growing losses reduce internal funding capacity, increase reliance on external capital, and heighten execution risk for multi-month exploration programs.
Read all positive and negative factors
Positive Factors
Negative Factors
Moderate leverage (low debt burden)
A debt-to-equity ratio near 0.23 indicates the company carries limited financial leverage for an exploration-stage miner. This reduces immediate refinancing pressure, preserves optionality to fund exploration via debt or equity, and lowers short-term solvency risk versus highly leveraged peers.
Read all positive factors
Norsemont Capital (NOM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$89.94M
Dividend YieldN/A
Average Volume (3M)199.06K
Price to Earnings (P/E)―
Beta (1Y)1.95
Revenue GrowthN/A
EPS Growth-595.69%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.22
Shares Outstanding89,053,130
10 Day Avg. Volume212,090
30 Day Avg. Volume199,065
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)3.08
Price to Sales (P/S)0.00
P/FCF Ratio-15.06
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. is an early-stage company focused on the discovery and advancement of mineral resource properties, involving their acquisition, exploration, and development. The firm fully owns the Choquelimpie gold and silver project, which...
Norsemont Capital Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
52
Neutral
Cash Flow
20
Very Negative
| Breakdown | Mar 2026 | 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 | -7.47M | -1.84M | -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
Positive
0.75
Price Trends
0.87
Positive
1.03
Negative
1.10
Negative
Market Momentum
0.05
Negative
59.87
Neutral
64.86
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NOM, the sentiment is Positive. The current price of 0.75 is below the 20-day moving average (MA) of 0.89, below the 50-day MA of 0.87, and below the 200-day MA of 1.10, indicating a neutral trend. The MACD of 0.05 indicates Negative momentum. The RSI at 59.87 is Neutral, neither overbought nor oversold. The STOCH value of 64.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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% | |
49 Neutral | C$87.70M | -17.98 | 143.05% | ― | ― | -60.56% | |
47 Neutral | C$122.55M | -21.93 | -13.11% | ― | ― | -198.41% | |
43 Neutral | C$79.46M | -31.45 | -6.76% | ― | ― | -28.13% | |
42 Neutral | C$89.94M | -4.46 | -86.50% | ― | ― | -595.69% | |
42 Neutral | C$66.90M | -6.13 | -177.08% | ― | ― | 30.60% | |
40 Underperform | C$155.97M | -12.76 | -19.35% | ― | ― | -570.29% |
* Basic Materials Sector Average
TSE:NOM
Norsemont Capital
1.00
0.31
44.93%
TSE:GPG
Grande Portage Resources
0.39
0.21
110.81%
TSE:GGO
Galleon Gold
1.18
0.61
107.02%
TSE:RPX
Red Pine Exploration
0.16
0.08
93.75%
TSE:ROS
RosCan Gold
0.21
0.11
127.78%
TSE:FMAN
Freeman Gold Corp
0.41
0.22
115.79%
Norsemont Capital Corporate Events
Business Operations and Strategy
Norsemont expands Choquelimpie land package to 9,048 hectares
Positive
Aug 6, 2026
Norsemont Mining Inc. has expanded its land position at the Choquelimpie project by 3,291 hectares, bringing the total project area to 9,048 hectares and consolidating control over key geological trends. The newly staked claims align with establis...
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.