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Norsemont Capital (NOM) AI Stock Analysis
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Norsemont Capital
(CNQX:NOM)
The score is driven primarily by weak financial performance (no revenue, widening losses, and accelerating cash burn with rising financing risk). Technicals add further pressure with a clear downtrend and negative momentum. Valuation provides limited offset due to negative earnings and no dividend yield data.
Norsemont Capital (NOM) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 52.89M
- Dividend Yield
- ―
- Average Volume (3M)
- 98.38K
- Price to Earnings (P/E)
- -3.4
- Beta (1Y)
- 2.06
- Revenue Growth
- ―
- EPS Growth
- -399.15%
- Country
- Canada
- Employees
- 0
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
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 sp...
Norsemont Capital Financial Statement Overview
Summary
Weak fundamentals: no revenue (pre-production/exploration), persistent and widening losses (TTM net loss ~-15.1M vs. ~-8.1M in 2025), and accelerating cash burn (TTM operating cash flow ~-9.4M; TTM free cash flow ~-9.6M). Balance sheet leverage is moderate (debt-to-equity ~0.44) but trending higher while equity is declining, increasing financing risk.
Income Statement
12Very NegativeBalance Sheet
46NeutralCash Flow
18Very Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Jun 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -41.63K | -24.88K | 0 | -37.20K | -37.20K | -25.95K |
| EBITDA | -20.38M | -7.47M | 40.60K | -2.07M | -5.27M | -9.43M |
| Net Income | -15.11M | -8.08M | -2.05M | -2.39M | -5.44M | -9.46M |
Balance Sheet | ||||||
| Total Assets | 41.46M | 45.88M | 28.61M | 27.52M | 27.63M | 30.32M |
| Cash, Cash Equivalents and Short-Term Investments | 13.68M | 18.23M | 957.87K | 5,112 | 24.51K | 2.60M |
| Total Debt | 8.24M | 5.62M | 2.87M | 1.28M | 1.31M | 93.70K |
| Total Liabilities | 22.82M | 21.05M | 5.48M | 4.53M | 3.31M | 2.15M |
| Stockholders Equity | 18.64M | 24.82M | 23.14M | 22.99M | 24.32M | 28.17M |
Cash Flow | ||||||
| Free Cash Flow | -9.63M | -5.07M | -2.03M | -722.28K | -4.22M | -6.56M |
| Operating Cash Flow | -9.41M | -4.91M | -2.03M | -722.28K | -4.22M | -6.56M |
| Investing Cash Flow | -220.94K | -156.13K | 0 | 0 | 0 | 0 |
| Financing Cash Flow | 22.96M | 22.40M | 2.98M | 704.24K | 1.66M | 1.51M |
Norsemont Capital Technical Analysis
Price Trends
Market Momentum
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 0.59 is below the 20-day moving average (MA) of 0.76, below the 50-day MA of 0.86, and below the 200-day MA of 1.07, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 24.18 is Positive, neither overbought nor oversold. The STOCH value of 6.64 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NOM.
Norsemont Capital Peers Comparison
Overall Rating
TSE:GPG49Neutral
TSE:GGO42Neutral
TSE:RPX42Neutral
TSE:ROS40Underperform- TSE:NOM40Underperform
TSE:FMAN39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:GPG | 49Neutral | CAD 50.08M | -21.49 | -5.83% | ― | ― | -46.15% |
| TSE:GGO | 42Neutral | CAD 140.56M | -11.13 | -19.51% | ― | ― | -636.36% |
| TSE:RPX | 42Neutral | CAD 60.47M | -5.49 | -151.15% | ― | ― | 23.36% |
| TSE:ROS | 40Underperform | CAD 58.94M | -10.08 | 131.26% | ― | ― | -98.46% |
| TSE:NOM | 40Underperform | CAD 52.89M | -3.39 | -70.22% | ― | ― | -399.15% |
| TSE:FMAN | 39Underperform | CAD 81.04M | -28.26 | -7.47% | ― | ― | 44.71% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:NOM | Norsemont Capital | 0.59 | -0.37 | -38.54% | |
| TSE:GPG | Grande Portage Resources | 0.24 | 0.01 | 2.08% | |
| TSE:GGO | Galleon Gold Corp. | 1.03 | 0.41 | 66.13% | |
| TSE:RPX | Red Pine Exploration | 0.14 | -0.04 | -22.86% | |
| TSE:ROS | RosCan Gold Corporation | 0.13 | 0.03 | 23.81% | |
| TSE:FMAN | Freeman Gold Corporation | 0.26 | 0.02 | 8.33% |
Norsemont Capital Corporate Events
Norsemont Intercepts High-Grade Gold as Phase 3 Drilling Expands Choquelimpie
PositiveNorsemont Mining has reported new assay results from eight additional drill holes in its Phase 3 program at the Choquelimpie gold-silver-copper project in northern Chile. The campaign is testing higher-grade hydrothermal breccia targets at depth and...
Norsemont Mining Targets Investor Visibility With Beaver Creek Summit and New Marketing Deal
PositiveNorsemont Mining’s executive team will attend the 2026 Precious Metals Summit in Beaver Creek, Colorado, using the premier industry event to meet institutional investors and strategic partners. Management plans to showcase recent exploration pr...
Norsemont Advances Choquelimpie Drilling as Phase 3 Program Expands Mineralized Footprint
PositiveNorsemont Mining has completed 16 drill holes totaling 4,100 meters in its 2026 Phase 3 program at the Choquelimpie project, targeting step-out and offset drilling across five key zones to expand known mineralization. Early results have helped define...
Norsemont to Restate Financials After Reclassifying Debentures as Current Debt
NeutralNorsemont Mining Inc. plans to restate its 2025 annual and 2026 first-quarter financial statements after determining that certain convertible debentures and related derivative financial liabilities were misclassified as non-current instead of current...
Norsemont Mining to Showcase Choquelimpie Project at Emerging Growth Conference
PositiveNorsemont Mining Inc. will present at the online Emerging Growth Conference on August 20, 2026, offering a live interactive session for individual and institutional investors, advisors and analysts. Chief Executive Officer and Chairman Marc Levy is e...
Norsemont Mining Adds Veteran Corporate Financier Tepperman to Board
PositiveNorsemont Mining has strengthened its board by appointing UK-based corporate finance specialist Ariel Tepperman as a director, adding more than two decades of international experience in M&A advisory, capital raising and strategic guidance across...
Norsemont expands Choquelimpie land package to 9,048 hectares
PositiveNorsemont 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 established...
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.
Date of analysis: Oct 30, 2026