Want to see TSE:NOM full AI Analyst Report?
Top Page
Norsemont Capital
(NOM)
Select Model
Select Model
Rating:44Neutral
Price Target:
C$0.86
▼(-12.83% Downside)
Action:Reiterated
Date:09/06/26
The score is primarily held down by weak financial performance (no revenue, widening losses, and accelerating cash burn that increases financing risk). Technicals add modest pressure given the price is below key longer-term moving averages and momentum is slightly negative. Valuation is also constrained by a negative P/E and no dividend support.
Positive Factors
Debt Below Equity
Debt remains below equity on a trailing basis, indicating the company is not currently overleveraged relative to its capital base. This provides some financial structure and may leave more flexibility than a balance sheet dominated by debt, despite the clear deterioration in leverage.
Negative Factors
No Revenue
The absence of revenue across every reported period shows that the company has not yet established an operating revenue base. This leaves the business without internally generated sales support, making future progress dependent on development outcomes and continued access to funding.
Read all positive and negative factors
Positive Factors
Negative Factors
Debt Below Equity
Debt remains below equity on a trailing basis, indicating the company is not currently overleveraged relative to its capital base. This provides some financial structure and may leave more flexibility than a balance sheet dominated by debt, despite the clear deterioration in leverage.
Read all positive factors
Norsemont Capital (NOM) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$79.26M
Dividend YieldN/A
Average Volume (3M)87.55K
Price to Earnings (P/E)―
Beta (1Y)2.03
Revenue GrowthN/A
EPS Growth-399.15%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.17
Shares Outstanding89,053,130
10 Day Avg. Volume115,908
30 Day Avg. Volume87,554
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
46
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Jun 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -41.63K | -24.88K | 0.00 | -37.20K | -37.20K | -25.95K |
| EBITDA | -20.38M | -7.47M | -1.84M | -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 | 5.11K | 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 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 22.96M | 22.40M | 2.98M | 704.24K | 1.66M | 1.51M |
Norsemont Capital Technical Analysis
Negative
0.99
Price Trends
0.88
Positive
0.99
Negative
1.10
Negative
Market Momentum
>-0.01
Positive
47.54
Neutral
25.98
Neutral
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 0.99 is above the 20-day moving average (MA) of 0.96, above the 50-day MA of 0.88, and below the 200-day MA of 1.10, indicating a neutral trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 47.54 is Neutral, neither overbought nor oversold. The STOCH value of 25.98 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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% | |
55 Neutral | C$73.50M | -29.84 | -6.76% | ― | ― | -28.13% | |
54 Neutral | C$131.86M | -22.73 | -13.11% | ― | ― | -198.41% | |
49 Neutral | C$87.70M | -17.54 | 143.05% | ― | ― | -60.56% | |
47 Neutral | C$156.55M | -12.43 | -19.35% | ― | ― | -570.29% | |
44 Neutral | C$79.26M | -5.11 | -70.22% | ― | ― | -399.15% | |
42 Neutral | C$73.59M | -6.52 | -177.08% | ― | ― | 30.60% |
* Basic Materials Sector Average
TSE:NOM
Norsemont Capital
0.89
0.05
5.95%
TSE:GPG
Grande Portage Resources
0.37
0.13
54.17%
TSE:GGO
Galleon Gold
1.15
0.61
112.96%
TSE:RPX
Red Pine Exploration
0.17
0.03
22.22%
TSE:ROS
RosCan Gold
0.20
0.12
150.00%
TSE:FMAN
Freeman Gold Corp
0.43
0.22
102.38%
Norsemont Capital Corporate Events
Business Operations and StrategyFinancial Disclosures
Norsemont Advances Choquelimpie Drilling as Phase 3 Program Expands Mineralized Footprint
Positive
Sep 1, 2026
Norsemont 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 def...
Financial DisclosuresRegulatory Filings and Compliance
Norsemont to Restate Financials After Reclassifying Debentures as Current Debt
Neutral
Aug 29, 2026
Norsemont 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 curr...
Business Operations and Strategy
Norsemont Mining to Showcase Choquelimpie Project at Emerging Growth Conference
Positive
Aug 18, 2026
Norsemont 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 i...
Business Operations and StrategyExecutive/Board Changes
Norsemont Mining Adds Veteran Corporate Financier Tepperman to Board
Positive
Aug 18, 2026
Norsemont 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 MA advisory, capital raising and strategic guidance across m...
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.