Noram Lithium Corp Stock Today
| NRM Stock | CAD 0.13 0.01 8.33% |
Performance0 of 100
| Odds Of DistressOver 64
|
Noram Lithium is selling for under 0.13 as of the 30th of November 2024; that is 8.33% increase since the beginning of the trading day. The stock's lowest day price was 0.13. Noram Lithium has more than 64 % chance of experiencing financial distress in the next few years of operation. It also generated negative returns for investors over the last 90 days. Equity ratings for Noram Lithium Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of June 2023 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Noram Ventures Inc., a junior exploration company, engages in the identification, acquisition, exploration, and development of mineral properties in Canada and the United States. Noram Ventures Inc. was founded in 2010 and is headquartered in Vancouver, Canada. The company has 89.15 M outstanding shares of which 599 shares are now shorted by private and institutional investors with about 0.65 days to cover all short positions. More on Noram Lithium Corp
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Noram Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Noram Lithium's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Noram Lithium or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Noram Lithium's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Noram Lithium's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsNoram Lithium can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Noram Lithium's financial leverage. It provides some insight into what part of Noram Lithium's total assets is financed by creditors.
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Noram Lithium Corp (NRM) is traded on TSX Venture Exchange in Canada and employs 7 people. Noram Lithium is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.14 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Noram Lithium's market, we take the total number of its shares issued and multiply it by Noram Lithium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Noram Lithium Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 89.15 M outstanding shares of which 599 shares are now shorted by private and institutional investors with about 0.65 days to cover all short positions.
Noram Lithium Corp has accumulated about 110.84 K in cash with (4.88 M) of positive cash flow from operations.
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Ownership AllocationNoram Lithium Corp maintains a total of 89.15 Million outstanding shares. Noram Lithium Corp secures 12.39 % of its outstanding shares held by insiders and 5.82 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Noram Lithium Corp Risk Profiles
Although Noram Lithium's alpha and beta are two of the key measurements used to evaluate Noram Lithium's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.53 | |||
| Standard Deviation | 4.52 | |||
| Variance | 20.47 | |||
| Risk Adjusted Performance | (0.04) |
Noram Stock Against Markets
| NRM | 8.33 |
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Noram Lithium Corporate Management
Elected by the shareholders, the Noram Lithium's board of directors comprises two types of representatives: Noram Lithium inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Noram. The board's role is to monitor Noram Lithium's management team and ensure that shareholders' interests are well served. Noram Lithium's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Noram Lithium's outside directors are responsible for providing unbiased perspectives on the board's policies.
| MSc CPG | Vice Exploration | Profile | |
| Peter Ball | Pres COO | Profile | |
| Anita Honours | Chairperson CFO | Profile | |
| BASc MBA | Chief Office | Profile | |
| Simon Studer | Vice Development | Profile | |
| Greg Lytle | Communications Manager | Profile |
Additional Tools for Noram Stock Analysis
When running Noram Lithium's price analysis, check to measure Noram Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Noram Lithium is operating at the current time. Most of Noram Lithium's value examination focuses on studying past and present price action to predict the probability of Noram Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Noram Lithium's price. Additionally, you may evaluate how the addition of Noram Lithium to your portfolios can decrease your overall portfolio volatility.