Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Norsemont Mining. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Norsemont Mining's earnings available for a low price, and how does
this compare to other companies in the same industry?
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Norsemont Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Norsemont Mining's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Norsemont Mining's earnings growth to the Canada market average as no estimate data is available.
Unable to compare Norsemont Mining's revenue growth to the Canada market average as no estimate data is available.
Unable to determine if Norsemont Mining is high growth as no earnings estimate data is available.
Unable to determine if Norsemont Mining is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Norsemont Mining's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
Norsemont Mining's finances.
The net worth of a company is the difference between its assets and liabilities.
Norsemont Mining is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Norsemont Mining has no long term commitments.
This treemap shows a more detailed breakdown of
Norsemont Mining's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Norsemont Mining has no debt, it does not need to be covered by short term assets.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Allan Larmour, also known as Al, P.Eng is Chief Executive Officer of Norsemont Capital Inc. and Interim President since June 7, 2017. Mr. Larmour has been Strategic Business Planning and Investment Consultant since 2009. Mr. Larmour has been Vice President of Worldwide Sales & Marketing at Eight Solutions Inc. since September 2016. He is a Co-Founder of Mobidia Technology Inc. and served as its President since May 2004. He served as Chief Executive Officer and Vice President of Business Development at Mobidia Technology Inc. from 2004 to 2009. Prior to co-founding Mobidia in 2004, Mr. Larmour served as an Executive Vice President of Sales and Marketing for L3 Technology Inc. from February 2001 to 2004. He served as an Executive Vice President of Sales and Marketing of IP Applications Corp., EXL Information Corp. and Regional Sales Manager for Data General Corp. Mr. Larmour is a proven business visionary in the world of information technology. He has extensive experience in developing strategic business plans and go-to-market strategies for large and early stage companies. He is an accomplished entrepreneur with over 25 years of experience in Fortune 500 companies, start-up technology companies, international sales and business development and executive management. He has been the Chairman of EmerGeo Solutions Worldwide Inc. since December 2010. He has been an Independent Director of Cloud Nine Education Group Ltd. since July 2017 and also serves as President and CEO. He has been a Director of EmerGeo Solutions Worldwide Inc. since July 13, 2007. He has been a Director of Norsemont Capital Inc (Altername name, Lornex Capital Inc). since August 29, 2013 and was its Interim Chief Executive Officer. He has won many awards as a Top Performer at these companies. Mr. Larmour is a professional engineer and holds a Bachelor of Applied Science degree in electrical engineering and a Bachelor of Science degree in genetics, both from the University of British Columbia.
Al's compensation has increased whilst company is loss making.
Al's remuneration is lower than average for companies of similar size in Canada.
Management Team Tenure
Average tenure of the
management team in years:
The tenure for the Norsemont Mining management team is about average.
Chief Financial Officer
Board of Directors Tenure
Average tenure of the
board of directors in years:
The tenure for the Norsemont Mining board of directors is about average.
Board of Directors
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Norsemont Mining Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Canada. The company was formerly known as Norsemont Capital Inc. and changed its name to Norsemont Mining Inc. in February 2020. Norsemont Mining Inc. was incorporated in 2000 and is headquartered in Vancouver, Canada.
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.