Norsemont Financial Statements From 2010 to 2024
| NRRSF Stock | USD 0.18 0.02 10.00% |
Check Norsemont Mining financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Norsemont Mining's main balance sheet or income statement drivers, such as , as well as many indicators such as . Norsemont financial statements analysis is a perfect complement when working with Norsemont Mining Valuation or Volatility modules.
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Norsemont Mining Company Return On Equity Analysis
Norsemont Mining's 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 Norsemont Mining Return On Equity | -0.3 |
Most of Norsemont Mining's 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, Norsemont Mining 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, Norsemont Mining has a Return On Equity of -0.3028. This is 133.27% lower than that of the Basic Materials sector and notably lower than that of the Gold industry. The return on equity for all United States stocks is 2.32% lower than that of the firm.
Norsemont Mining Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Norsemont Mining's current stock value. Our valuation model uses many indicators to compare Norsemont Mining value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Norsemont Mining competition to find correlations between indicators driving Norsemont Mining's intrinsic value. More Info.Norsemont Mining is considered to be number one stock in return on equity category among its peers. It is regarded fifth 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 Norsemont Mining's earnings, one of the primary drivers of an investment's value.About Norsemont Mining Financial Statements
Norsemont Mining stakeholders use historical fundamental indicators, such as Norsemont Mining's revenue or net income, to determine how well the company is positioned to perform in the future. Although Norsemont Mining investors may analyze each financial statement separately, they are all interrelated. For example, changes in Norsemont Mining's assets and liabilities are reflected in the revenues and expenses on Norsemont Mining's 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 Norsemont Mining. Please read more on our technical analysis and fundamental analysis pages.
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.
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Other Information on Investing in Norsemont Pink Sheet
Norsemont Mining financial ratios help investors to determine whether Norsemont 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 Norsemont with respect to the benefits of owning Norsemont Mining security.