Noram Lithium Corp. Logo

Noram Lithium Corp.

NRM.V

(2.0)
Stock Price

0,15 CAD

-84.96% ROA

-102.81% ROE

-2.73x PER

Market Cap.

28.450.434,00 CAD

0.77% DER

0% Yield

0% NPM

Noram Lithium Corp. Stock Analysis

Noram Lithium Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Noram Lithium Corp. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (29.66%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (1%), which means it has a small amount of debt compared to the ownership it holds

4 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

5 PBV

The stock's elevated P/BV ratio (3.58x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

6 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

9 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (0), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Noram Lithium Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Noram Lithium Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Noram Lithium Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Noram Lithium Corp. Revenue
Year Revenue Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Noram Lithium Corp. Research and Development Expenses
Year Research and Development Expenses Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Noram Lithium Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
2011 167.522
2012 248.720 32.65%
2013 345.765 28.07%
2014 232.337 -48.82%
2015 207.982 -11.71%
2016 1.687.309 87.67%
2017 715.795 -135.73%
2018 1.346.156 46.83%
2019 511.640 -163.11%
2020 4.930.663 89.62%
2021 5.260.149 6.26%
2022 2.760.774 -90.53%
2023 7.575.268 63.56%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Noram Lithium Corp. EBITDA
Year EBITDA Growth
2011 -173.678
2012 -257.368 32.52%
2013 -354.501 27.4%
2014 -236.055 -50.18%
2015 -224.849 -4.98%
2016 -1.747.616 87.13%
2017 -831.827 -110.09%
2018 -1.345.943 38.2%
2019 -460.932 -192%
2020 -4.930.663 90.65%
2021 -5.257.931 6.22%
2022 -5.172.378 -1.65%
2023 -6.982.592 25.92%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Noram Lithium Corp. Gross Profit
Year Gross Profit Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 -264 100%
2018 -2.205 88.03%
2019 -56.969 96.13%
2020 -55.812 -2.07%
2021 -59.608 6.37%
2022 -56.210 -6.05%
2023 -55.748 -0.83%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Noram Lithium Corp. Net Profit
Year Net Profit Growth
2011 -143.818
2012 -344.873 58.3%
2013 -283.809 -21.52%
2014 -653.772 56.59%
2015 -605.314 -8.01%
2016 -1.752.063 65.45%
2017 -3.766.373 53.48%
2018 -1.449.304 -159.87%
2019 -570.639 -153.98%
2020 -5.007.495 88.6%
2021 -5.321.929 5.91%
2022 -4.175.075 -27.47%
2023 -8.271.740 49.53%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Noram Lithium Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Noram Lithium Corp. Free Cashflow
Year Free Cashflow Growth
2011 -345.939
2012 -721.320 52.04%
2013 -556.967 -29.51%
2014 -231.652 -140.43%
2015 -263.736 12.17%
2016 -2.281.965 88.44%
2017 -1.102.633 -106.96%
2018 -505.095 -118.3%
2019 -300.883 -67.87%
2020 -1.069.549 71.87%
2021 -1.635.772 34.62%
2022 -3.967.717 58.77%
2023 -1.767.415 -124.49%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Noram Lithium Corp. Operating Cashflow
Year Operating Cashflow Growth
2011 -96.500
2012 -268.475 64.06%
2013 -176.697 -51.94%
2014 -194.206 9.02%
2015 -211.886 8.34%
2016 -1.034.438 79.52%
2017 -924.430 -11.9%
2018 -494.290 -87.02%
2019 -298.833 -65.41%
2020 -1.069.549 72.06%
2021 -1.635.772 34.62%
2022 -3.967.717 58.77%
2023 -1.767.415 -124.49%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Noram Lithium Corp. Capital Expenditure
Year Capital Expenditure Growth
2011 249.439
2012 452.845 44.92%
2013 380.270 -19.09%
2014 37.446 -915.52%
2015 51.850 27.78%
2016 1.247.527 95.84%
2017 178.203 -600.06%
2018 10.805 -1549.26%
2019 2.050 -427.07%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Noram Lithium Corp. Equity
Year Equity Growth
2011 720.030
2012 1.219.277 40.95%
2013 1.575.056 22.59%
2014 1.202.082 -31.03%
2015 840.411 -43.04%
2016 2.769.152 69.65%
2017 1.149.885 -140.82%
2018 2.944.749 60.95%
2019 2.903.076 -1.44%
2020 4.698.199 38.21%
2021 5.394.119 12.9%
2022 13.545.164 60.18%
2023 10.914.317 -24.1%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Noram Lithium Corp. Assets
Year Assets Growth
2011 725.208
2012 1.309.887 44.64%
2013 1.646.752 20.46%
2014 1.233.783 -33.47%
2015 851.405 -44.91%
2016 2.883.756 70.48%
2017 1.212.594 -137.82%
2018 3.153.396 61.55%
2019 3.197.689 1.39%
2020 5.039.229 36.54%
2021 5.944.252 15.23%
2022 14.239.633 58.26%
2023 11.486.973 -23.96%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Noram Lithium Corp. Liabilities
Year Liabilities Growth
2011 5.178
2012 90.610 94.29%
2013 71.696 -26.38%
2014 31.701 -126.16%
2015 10.994 -188.35%
2016 114.604 90.41%
2017 62.709 -82.76%
2018 208.647 69.94%
2019 294.613 29.18%
2020 341.030 13.61%
2021 550.133 38.01%
2022 694.469 20.78%
2023 572.656 -21.27%

Noram Lithium Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0
Net Income per Share
-0.11
Price to Earning Ratio
-2.73x
Price To Sales Ratio
0x
POCF Ratio
-5.5
PFCF Ratio
-5.87
Price to Book Ratio
2.44
EV to Sales
0
EV Over EBITDA
-5.45
EV to Operating CashFlow
-5.74
EV to FreeCashFlow
-5.74
Earnings Yield
-0.37
FreeCashFlow Yield
-0.17
Market Cap
0,03 Bil.
Enterprise Value
0,03 Bil.
Graham Number
0.55
Graham NetNet
0.09

Income Statement Metrics

Net Income per Share
-0.11
Income Quality
1.04
ROE
-0.67
Return On Assets
-1.2
Return On Capital Employed
-0.81
Net Income per EBT
1
EBT Per Ebit
1.63
Ebit per Revenue
0
Effective Tax Rate
-0.02

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0
Operating Profit Margin
0
Pretax Profit Margin
0
Net Profit Margin
0

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.05
Free CashFlow per Share
-0.05
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
-0.52
Return on Tangible Assets
-0.85
Days Sales Outstanding
0
Days Payables Outstanding
2614.58
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0.14
Inventory Turnover
0
Capex per Share
0

Balance Sheet

Cash per Share
0,10
Book Value per Share
0,12
Tangible Book Value per Share
0.12
Shareholders Equity per Share
0.12
Interest Debt per Share
0
Debt to Equity
0.01
Debt to Assets
0.01
Net Debt to EBITDA
0.12
Current Ratio
17.53
Tangible Asset Value
0,01 Bil.
Net Current Asset Value
0,01 Bil.
Invested Capital
0.01
Working Capital
0,01 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,00 Bil.
Average Inventory
0
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Noram Lithium Corp. Dividends
Year Dividends Growth

Noram Lithium Corp. Profile

About Noram Lithium Corp.

Noram Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Its flagship property is the Zeus Lithium project that covers an area of approximately 1,113 hectares located in Clayton Valley, Nevada. The company was formerly known as Noram Ventures Inc. and changed its name to Noram Lithium Corp. in July 2021. Noram Lithium Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.

CEO
Mr. Gregory John McCunn BASc,
Employee
0
Address
555 West Hastings Street
Vancouver, V6B 4N6

Noram Lithium Corp. Executives & BODs

Noram Lithium Corp. Executives & BODs
# Name Age
1 Mr. Gregory John McCunn BASc, M.B.A., P.Eng.
Chief Executive Office
70
2 Mr. Sandy J. MacDougall
Founder & Chair of the Board (Leave of Absence)
70
3 Ms. Anita Young Algie B.Sc. Honours
Chief Financial Officer & Director
70
4 Mr. Bradley C. Peek CPG, M.Sc.
Vice President of Exploration
70
5 Mr. Simon David Studer
Vice President of Corporate Development
70
6 Mr. Greg Lytle
Communications Manager
70

Noram Lithium Corp. Competitors