Northern Shield Resources Inc (TSE:NRN)
:NRN
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NRN Stock Chart & Stats
C$0.07
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.07
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.04 - C$0.13
Previous CloseN/A
Volume4.00K
Average Volume (3M)119.03K
Market Cap
C$6.09M
Enterprise ValueC$4.95M
Total Cash (Recent Filing)C$154.32K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta-0.11
Next Earnings
May 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding135,325,600
10 Day Avg. Volume169,975
30 Day Avg. Volume119,034
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)1.64
Price to Sales (P/S)0.00
P/FCF Ratio36.27
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
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageThe company's zero-debt position and positive equity materially reduce financial distress risk and interest burden. Over the medium term this balance sheet flexibility supports continued exploration spending, gives management time to advance projects, and lowers the chance of forced asset sales or distressed financing.
Recent Financing Provides RunwayConcrete near-term funding from oversubscribed placements meaningfully reduces immediate liquidity risk and enables planned drilling and evaluation programs. This durable effect supports project advancement and keeps execution on schedule without urgent reliance on high-cost or distressed financing.
Focused Early-Stage Exploration PipelineA disciplined early-stage exploration model centered on geophysics, mapping and targeted drilling creates a repeatable pipeline for advancing prospects. Over time this approach can generate scalable, optionable assets and attract JV partners, providing structural upside beyond short-term market moves.
Bears Say
No Revenue / Persistent LossesAbsence of commercial revenue means the business cannot self-fund exploration or overhead from operations. Persisting losses force repeated external capital raises, prolonging dependence on markets and potentially delaying project milestones unless a material discovery or alternative income source emerges.
Structural Cash BurnSustained negative operating and free cash flow create an ongoing funding requirement and increase execution risk. Over several months this structural cash deficit raises the likelihood of project pauses or further dilutive financing, and limits flexibility to capitalize on opportunistic exploration or partnerships.
Eroding Equity And Negative ROEDeclining shareholder equity and a deeply negative ROE reflect accumulated losses and/or dilution, shrinking the balance-sheet cushion. This reduces capacity to absorb setbacks, makes non-dilutive funding harder to secure, and pressures long-term investor returns absent a clear path to profitable operations or asset monetization.
Northern Shield Resources News
NRN FAQ
What was Northern Shield Resources Inc’s price range in the past 12 months?
Northern Shield Resources Inc lowest stock price was C$0.04 and its highest was C$0.13 in the past 12 months.
What is Northern Shield Resources Inc’s market cap?
Northern Shield Resources Inc’s market cap is C$6.09M.
When is Northern Shield Resources Inc’s upcoming earnings report date?
Northern Shield Resources Inc’s upcoming earnings report date is May 28, 2026 which is in 30 days.
How were Northern Shield Resources Inc’s earnings last quarter?
Currently, no data Available
Is Northern Shield Resources Inc overvalued?
According to Wall Street analysts Northern Shield Resources Inc’s price is currently Overvalued.
Does Northern Shield Resources Inc pay dividends?
Northern Shield Resources Inc does not currently pay dividends.
What is Northern Shield Resources Inc’s EPS estimate?
Northern Shield Resources Inc’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Northern Shield Resources Inc have?
Northern Shield Resources Inc has 135,325,600 shares outstanding.
What happened to Northern Shield Resources Inc’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Northern Shield Resources Inc?
Currently, no hedge funds are holding shares in TSE:NRN
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Northern Shield Resources Inc
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company primarily explores for nickel, copper, gold, silver, and platinum group elements. It principally holds 88.5% interests in the Shot Rock property with 750 claims covering an area of 121 square kilometers located in Nova Scotia; 100% interests in the Huckleberry property comprising 72 claims with an area of 54 square kilometers located in north of Schefferville, Quebec; and 100% interests in the Idefix property with 40 claims covering an area of 18 square kilometers located in Labrador Trough, Québec. The company also holds an option agreement to acquire a 100% interest in the Merasheen property with 217 claims covering an area of 54 square kilometers located at the southern end of Merasheen Island in Placentia Bay, Newfoundland. Northern Shield Resources Inc. was founded in 1999 and is headquartered in Ottawa, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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