Norseman Capital (C3Y) Price & Analysis

C3Y Stock Chart & Stats

€0.31-€0.01(-2.23%)

At close: Oct 30 4:00 PM EDT

Day’s Range: EUR 0.31 - EUR 0.31
52-Week Range: EUR 0.19 - EUR 0.42
Previous Close: EUR 0.31
Volume: 0
Average Volume (3M): 1,326
Market Cap: EUR 109.49M
Enterprise Value: EUR 147.41M
Total Cash (Recent Filing): EUR 23.86M
Total Debt (Recent Filing): EUR 0
Price to Earnings (P/E): ―
Beta: 1.53
Next Earnings: Feb 01, 2027
EPS Estimate: N/A
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Zero Debt

A debt-free balance sheet reduces refinancing pressure and interest obligations, giving Norseman greater financial flexibility than a leveraged company. This provides a more resilient capital structure while management addresses operating losses and preserves the ability to allocate resources without creditor constraints.

Growing Equity Base

The materially larger equity base provides a stronger reported capital cushion and can help absorb ongoing losses over the next several quarters. Although profitability is not yet established, greater shareholder capital supports balance-sheet resilience and reduces immediate reliance on debt financing.

No Interest Burden

With no debt-related interest burden, operating resources are not being diverted to mandatory financing costs. That structural advantage can limit the drag on future results and preserve more flexibility for the company to pursue operations or manage its capital base while profitability remains weak.

Bears Say

No Operating Revenue

The absence of operating revenue means Norseman currently lacks demonstrated sales activity to absorb fixed costs or support a self-funded business model. Until revenue is established, earnings visibility remains limited and the company has little evidence of durable commercial traction.

Widening Losses

Losses have expanded materially across the reported periods, showing that the current operating structure is not moving toward profitability. Continued deterioration can consume capital, weaken returns for shareholders, and make any future growth strategy harder to fund without additional resources.

Deteriorating Cash Flow

Negative operating and free cash flow indicate that the company is burning cash rather than funding operations internally. The deterioration increases dependence on external funding or existing balance-sheet resources, potentially reducing financial flexibility and putting pressure on capital preservation over the next several quarters.

Norseman Capital News

Fitzroy Minerals Uses Machine Learning to Map Nine New Copper Targets in Chile

Norseman Capital ( ($TSE:FTZ) ) has issued an announcement. Fitzroy Minerals has partnered with Fleet Space Technologies to apply machine-learning to an integrated set of 3D seismic, geophysical and drilling

1w agoC3Y FTZ

Fitzroy Minerals Secures C$1.95 Million from Full Early Warrant Exercise

Norseman Capital ( ($TSE:FTZ) ) has issued an update. Fitzroy Minerals has strengthened its balance sheet after investors fully exercised 7,804,036 warrants issued in a 2024 private placement, raising approximately

3w agoC3Y FTZ

Fitzroy Minerals Metallurgical Tests Boost Heap-Leach Case at Chile’s Buen Retiro

Norseman Capital ( ($TSE:FTZ) ) has issued an announcement. Fitzroy Minerals reported initial metallurgical results from SGS Laboratories showing that mini-column heap-leach tests at its Buen Retiro Copper Project delivered

1M agoC3Y FTZ

Fitzroy Minerals Hits Record Copper Grades and Extends Buen Retiro Trend in Chile

An announcement from Norseman Capital ( ($TSE:FTZ) ) is now available. Fitzroy Minerals has reported its highest-grade copper intercept to date and materially extended the strike length of the main

2M agoC3Y FTZ

Fitzroy Minerals Flags Major Porphyry Targets at Caballos After Deep IP Survey

An update from Norseman Capital ( ($TSE:FTZ) ) is now available. Fitzroy Minerals has reported results from a deep ground-based induced polarization and resistivity survey at its Caballos Copper Project

2M agoC3Y FTZ

Fitzroy Minerals Bolsters Funding as Warrant Holders Back Chilean Copper Push

Norseman Capital ( ($TSE:FTZ) ) has shared an update. Fitzroy Minerals has strengthened its balance sheet after 96% of warrants from a 2024 private placement were exercised before expiry, raising

7M agoC3Y FTZ

Fitzroy Minerals Hits Wide Copper Zones at Buen Retiro and Advances Chile Exploration Programs

Norseman Capital ( ($TSE:FTZ) ) has issued an announcement. Fitzroy Minerals reported wide copper mineralization intervals from recent drilling at its Buen Retiro project in Chile, highlighted by drill hole

7M agoC3Y FTZ

Fitzroy Minerals Reports Strong Drill Results, Advances Buen Retiro Copper Project in Chile

Norseman Capital ( ($TSE:FTZ) ) has issued an announcement. Fitzroy Minerals reported encouraging Phase 1 drilling results at its Buen Retiro copper project in northern Chile, highlighted by drill hole

7M agoC3Y FTZ

Fitzroy Minerals Raises $21.16 Million in Final Tranche of Private Placement

Norseman Capital ( ($TSE:FTZ) ) has issued an update. Fitzroy Minerals has closed the second and final tranche of its non-brokered private placement, bringing total gross proceeds to $21.16 million

7M agoC3Y FTZ

Fitzroy Minerals Raises $19 Million in First Tranche of Private Placement

Norseman Capital ( ($TSE:FTZ) ) has provided an announcement. Fitzroy Minerals has closed the first tranche of its previously announced non-brokered private placement, raising gross proceeds of $19.03 million through

7M agoC3Y FTZ

C3Y FAQ

What was Norseman Capital’s price range in the past 12 months?

Norseman Capital lowest stock price was €0.19 and its highest was €0.42 in the past 12 months.

What is Norseman Capital’s market cap?

Norseman Capital’s market cap is €109.49M.

When is Norseman Capital’s upcoming earnings report date?

The company’s upcoming earnings report date is not yet available.

How were Norseman Capital’s earnings last quarter?

Norseman Capital released its earnings results on Aug 14, 2026. The company reported -€0.006 earnings per share for the quarter.

Is Norseman Capital overvalued?

Not enough analysts have published a price target to calculate whether the price is overvalued.

Does Norseman Capital pay dividends?

Norseman Capital does not currently pay dividends.

What is Norseman Capital’s EPS estimate?

Norseman Capital’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Norseman Capital have?

Norseman Capital has 329,728,850 shares outstanding.

What happened to Norseman Capital’s price movement after its last earnings report?

Norseman Capital reported an EPS of -€0.006 in its last earnings report. Following the earnings report the stock price went down -9.231%.

Which hedge fund is a major shareholder of Norseman Capital?

Currently, no hedge funds are holding shares in DE:C3Y

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

Norseman Capital Stock Smart Score

Neutral

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