Norra Metals Corp Stock Performance
| NRRMF Stock | USD 0.01 0.00 0.00% |
The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Norra Metals are completely uncorrelated.
Risk-Adjusted Performance
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Over the last 90 days Norra Metals Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable primary indicators, Norra Metals is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 532.6 K | |
| Total Cashflows From Investing Activities | 16 K |
Norra |
Norra Metals Relative Risk vs. Return Landscape
If you would invest 1.00 in Norra Metals Corp on August 27, 2024 and sell it today you would earn a total of 0.00 from holding Norra Metals Corp or generate 0.0% return on investment over 90 days. Norra Metals Corp is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than Norra, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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Norra Metals Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Norra Metals' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Norra Metals Corp, and traders can use it to determine the average amount a Norra Metals' 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 = 0.0
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Based on monthly moving average Norra Metals is not performing at its full potential. However, 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 Norra Metals by adding Norra Metals to a well-diversified portfolio.
Norra Metals Fundamentals Growth
Norra Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Norra Metals, and Norra Metals 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 Norra Pink Sheet performance.
| Return On Equity | -44.82 | |||
| Return On Asset | -5.2 | |||
| Current Valuation | 1.99 M | |||
| Shares Outstanding | 109.33 M | |||
| Price To Book | 31.94 X | |||
| EBITDA | (1.51 M) | |||
| Cash And Equivalents | 54.43 K | |||
| Total Debt | 3.81 K | |||
| Debt To Equity | 0.02 % | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (783.54 K) | |||
| Earnings Per Share | (0.01) X | |||
| Total Asset | 48.13 K | |||
About Norra Metals Performance
By analyzing Norra Metals' fundamental ratios, stakeholders can gain valuable insights into Norra Metals' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Norra Metals 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 Norra Metals has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
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.Things to note about Norra Metals Corp performance evaluation
Checking the ongoing alerts about Norra Metals for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Norra Metals Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Norra Metals Corp generated a negative expected return over the last 90 days | |
| Norra Metals Corp has some characteristics of a very speculative penny stock | |
| Norra Metals Corp has high likelihood to experience some financial distress in the next 2 years | |
| Norra Metals Corp has accumulated 3.81 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Norra Metals Corp has a current ratio of 0.31, 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 Norra Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Norra Metals' 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 Norra Metals Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Norra to invest in growth at high rates of return. When we think about Norra Metals' use of debt, we should always consider it together with cash and equity. | |
| Net Loss for the year was (1.51 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Norra Metals Corp has accumulated about 54.43 K in cash with (783.54 K) of positive cash flow from operations. | |
| Roughly 21.0% of Norra Metals outstanding shares are owned by corporate insiders |
- Analyzing Norra Metals' 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 Norra Metals' stock is overvalued or undervalued compared to its peers.
- Examining Norra Metals' 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 Norra Metals' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Norra Metals' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Norra Metals' pink sheet. These opinions can provide insight into Norra Metals' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Norra Pink Sheet analysis
When running Norra Metals' price analysis, check to measure Norra Metals' 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 Norra Metals is operating at the current time. Most of Norra Metals' value examination focuses on studying past and present price action to predict the probability of Norra Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Norra Metals' price. Additionally, you may evaluate how the addition of Norra Metals to your portfolios can decrease your overall portfolio volatility.
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