Norra Financial Statements From 2010 to 2025
NRRMF Stock | USD 0.01 0.00 0.00% |
Check Norra Metals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norra Metals' main balance sheet or income statement drivers, such as , as well as many indicators such as . Norra financial statements analysis is a perfect complement when working with Norra Metals Valuation or Volatility modules.
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Norra Metals Corp Company Return On Equity Analysis
Norra Metals' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Norra Metals Return On Equity | -44.82 |
Most of Norra Metals' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Norra Metals Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Norra Metals Corp has a Return On Equity of -44.8154. This is 5024.77% lower than that of the Basic Materials sector and significantly lower than that of the Other Industrial Metals & Mining industry. The return on equity for all United States stocks is notably higher than that of the company.
Norra Metals Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norra Metals's current stock value. Our valuation model uses many indicators to compare Norra Metals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norra Metals competition to find correlations between indicators driving Norra Metals's intrinsic value. More Info.Norra Metals Corp is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Norra Metals' earnings, one of the primary drivers of an investment's value.About Norra Metals Financial Statements
Norra Metals stakeholders use historical fundamental indicators, such as Norra Metals' revenue or net income, to determine how well the company is positioned to perform in the future. Although Norra Metals investors may analyze each financial statement separately, they are all interrelated. For example, changes in Norra Metals' assets and liabilities are reflected in the revenues and expenses on Norra Metals' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Norra Metals Corp. Please read more on our technical analysis and fundamental analysis pages.
Norra Metals Corp., an exploration stage company, engages in the acquisition, exploration, and development of resource properties. Norra Metals Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. NORRA METALS is traded on OTC Exchange in the United States.
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Other Information on Investing in Norra Pink Sheet
Norra Metals financial ratios help investors to determine whether Norra Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Norra with respect to the benefits of owning Norra Metals security.