Northern Shield Resources Inc (TSE:NRN)
:NRN
Want to see TSE:NRN full AI Analyst Report?
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$4.32M
Total Cash (Recent Filing)C$784.65K
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta-0.07
Next Earnings
May 28, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding135,325,600
10 Day Avg. Volume169,975
30 Day Avg. Volume119,034
Financial Highlights & Ratios
PEG Ratio0.13
Price to Book (P/B)2.10
Price to Sales (P/S)0.00
P/FCF Ratio-10.33
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
Conservative Balance SheetHaving essentially no debt materially lowers financial risk for an early-stage explorer. It preserves flexibility to fund cyclical drilling programs or pursue asset transactions without interest burdens, reducing default risk and enabling strategic optionality over months ahead.
Focused Exploration ModelA clear, asset-centric exploration model concentrates capital on high-impact activities (mapping, sampling, geophysics, drilling). For exploration firms, disciplined target generation and advancement is a durable path to value creation via discoveries, earn-ins, or JV deals over the medium term.
Improving Loss TrendA reduction in the most recent net loss suggests management has begun narrowing operating deficits. If sustained, this trend reduces near-term financing pressure and supports runway extension, improving prospects for progressing projects before further capital raises are required.
Bears Say
No Revenue BaseLack of any revenue means the company relies entirely on financing or asset transactions to fund operations. Without commercial cash inflows, long-term sustainability is contingent on successful discoveries or continual capital markets access, raising dilution and execution risk.
Negative Cash Flow / Cash BurnConsistent negative operating and free cash flow indicate active cash burn and recurring funding needs. For a non-revenue explorer this elevates likelihood of future equity raises or asset sales, which can dilute shareholders and constrain long-term program continuity if markets tighten.
Volatile, Eroding Equity BaseHistorical swings and net erosion of equity reflect recurring losses and capital structure changes. A weakened capital base limits financial resilience, can reduce ability to fund larger programs without dilution, and increases vulnerability to adverse industry cycles over the medium term.
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 8 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
International Lithium
―
QMC Quantum Minerals
―
Casa Minerals
―
Ameriwest Lithium
―
Terra Balcanica Resources Corp.
―
Options Prices
Currently, No data available
---