Noram Lithium Corp

Company Profile

Noram Lithium Corp had its IPO on under the ticker symbol NRVTF.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Noram Lithium Corp has a staff strength of 0 employees.

Stock update

Shares of Noram Lithium Corp opened at $0.3 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.3 - $0.3, and closed at $0.3.

This is a +2.39% increase from the previous day's closing price.

A total volume of 35,546 shares were traded at the close of the day’s session.

In the last one week, shares of Noram Lithium Corp have increased by +1.01%.

Noram Lithium Corp's Key Ratios

Noram Lithium Corp has a market cap of $26.67 million, indicating a price to book ratio of 3.0756 and a price to sales ratio of 0.

In the last 12-months Noram Lithium Corp’s revenue was $0 with a gross profit of $0 and an EBITDA of $-3959065. The EBITDA ratio measures Noram Lithium Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Noram Lithium Corp’s operating margin was 0% while its return on assets stood at -13.97% with a return of equity of -17.85%.

In Q1.3333333333333, Noram Lithium Corp’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Noram Lithium Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.02 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Noram Lithium Corp’s profitability.

Noram Lithium Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 55.1947. Its price to sales ratio in the trailing 12-months stood at 0.

Noram Lithium Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$13.57 million

Total Liabilities

$611101.00

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Noram Lithium Corp ended 2024 with $13.57 million in total assets and $0 in total liabilities. Its intangible assets were valued at $13.57 million while shareholder equity stood at $12.92 million.

Noram Lithium Corp ended 2024 with $0 in deferred long-term liabilities, $611101.00 in other current liabilities, in common stock, $-25377782.00 in retained earnings and $0 in goodwill. Its cash balance stood at $3.01 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Noram Lithium Corp’s total current assets stands at $12.10 million while long-term investments were $0 and short-term investments were $8.27 million. Its net receivables were $0 compared to accounts payable of $437122.00 and inventory worth $0.

In 2024, Noram Lithium Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Noram Lithium Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.3

52-Week High

$0.7

52-Week Low

$0.283

Analyst Target Price

$

Noram Lithium Corp stock is currently trading at $0.3 per share. It touched a 52-week high of $0.7 and a 52-week low of $0.7. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.38 and 200-day moving average was $0.46 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 927.1% of the company’s stock are held by insiders while 1573.1% are held by institutions.