Norsemont Mining Stock Performance
| NRRSF Stock | USD 0.15 0.01 7.14% |
Norsemont Mining holds a performance score of 11 on a scale of zero to a hundred. The company secures a Beta (Market Risk) of -1.94, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Norsemont Mining are expected to decrease by larger amounts. On the other hand, during market turmoil, Norsemont Mining is expected to outperform it. Use Norsemont Mining potential upside, as well as the relationship between the kurtosis and day typical price , to analyze future returns on Norsemont Mining.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Norsemont Mining are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Norsemont Mining reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 7.6 M |
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Norsemont Mining Relative Risk vs. Return Landscape
If you would invest 7.90 in Norsemont Mining on September 19, 2024 and sell it today you would earn a total of 7.10 from holding Norsemont Mining or generate 89.87% return on investment over 90 days. Norsemont Mining is currently producing 1.367% returns and takes up 9.0529% volatility of returns over 90 trading days. Put another way, 80% of traded pink sheets are less volatile than Norsemont, and 73% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Norsemont Mining Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norsemont Mining's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Norsemont Mining, and traders can use it to determine the average amount a Norsemont Mining's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.151
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Estimated Market Risk
| 9.05 actual daily | 80 80% of assets are less volatile |
Expected Return
| 1.37 actual daily | 27 73% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Norsemont Mining is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Norsemont Mining by adding it to a well-diversified portfolio.
Norsemont Mining Fundamentals Growth
Norsemont Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Norsemont Mining, and Norsemont Mining fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Norsemont Pink Sheet performance.
| Return On Equity | -0.3 | |||
| Return On Asset | -0.16 | |||
| Current Valuation | 14.6 M | |||
| Shares Outstanding | 55.51 M | |||
| Price To Book | 0.80 X | |||
| EBITDA | (9.43 M) | |||
| Cash And Equivalents | 169.29 K | |||
| Total Debt | 1.03 M | |||
| Debt To Equity | 0.04 % | |||
| Book Value Per Share | 0.45 X | |||
| Cash Flow From Operations | (6.56 M) | |||
| Earnings Per Share | (0.14) X | |||
| Total Asset | 30.32 M | |||
About Norsemont Mining Performance
By analyzing Norsemont Mining's fundamental ratios, stakeholders can gain valuable insights into Norsemont Mining's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Norsemont Mining has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Norsemont Mining has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Norsemont Mining Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. Norsemont Mining Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada. Norsemont Mining is traded on OTC Exchange in the United States.Things to note about Norsemont Mining performance evaluation
Checking the ongoing alerts about Norsemont Mining for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Norsemont Mining help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norsemont Mining is way too risky over 90 days horizon | |
| Norsemont Mining has some characteristics of a very speculative penny stock | |
| Norsemont Mining appears to be risky and price may revert if volatility continues | |
| Norsemont Mining has accumulated 1.03 M in total debt with debt to equity ratio (D/E) of 0.04, which may suggest the company is not taking enough advantage from borrowing. Norsemont Mining has a current ratio of 0.25, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Norsemont Mining until it has trouble settling it off, either with new capital or with free cash flow. So, Norsemont Mining's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Norsemont Mining sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norsemont to invest in growth at high rates of return. When we think about Norsemont Mining's use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (9.46 M) with loss before overhead, payroll, taxes, and interest of (340.91 K). | |
| Norsemont Mining has accumulated about 169.29 K in cash with (6.56 M) of positive cash flow from operations. |
- Analyzing Norsemont Mining's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Norsemont Mining's stock is overvalued or undervalued compared to its peers.
- Examining Norsemont Mining's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Norsemont Mining's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norsemont Mining's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norsemont Mining's pink sheet. These opinions can provide insight into Norsemont Mining's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Norsemont Pink Sheet analysis
When running Norsemont Mining's price analysis, check to measure Norsemont Mining'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 Norsemont Mining is operating at the current time. Most of Norsemont Mining's value examination focuses on studying past and present price action to predict the probability of Norsemont Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norsemont Mining's price. Additionally, you may evaluate how the addition of Norsemont Mining to your portfolios can decrease your overall portfolio volatility.
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