Noram Lithium Corp.

Noram Lithium Corp.verified

NRM.V

Price:

$0.135

Market Cap:

$12.04M

Noram Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Its flagship property is the Zeus Lithium project that covers an area of approximately 1,113 hectares located in Clayton Valley, Nevada. The company was formerly known as Noram Ventures Inc. and changed its name to Noram Lithium Corp. in July 2021. Noram Lithium Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2012-08-02

Stock Exchange

TSXV

Ticker

NRM.V

The ROE as of November 2024 (TTM) for Noram Lithium Corp. (NRM.V) is -60.00%

According to Noram Lithium Corp.’s latest financial reports and current stock price. The company's current ROE is -60.00%. This represents a change of 304.56% compared to the average of -14.83% of the last 4 quarters.

Noram Lithium Corp. (NRM.V) Historical ROE (quarterly & annually)

How has NRM.V ROE performed in the past?

The mean historical ROE of Noram Lithium Corp. over the last ten years is -89.34%. The current -60.00% ROE has changed -32.84% with respect to the historical average. Over the past ten years (40 quarters), NRM.V's ROE was at its highest in in the April 2022 quarter at 13.28%. The ROE was at its lowest in in the January 2018 quarter at -221.17%.

Quarterly (TTM)
Annual

Average

-89.34%

Median

-67.23%

Minimum

-327.54%

Maximum

-19.66%

Noram Lithium Corp. (NRM.V) ROE by Quarter and Year

Discovering the peaks and valleys of Noram Lithium Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 442.23%

Maximum Annual ROE = -19.66%

Minimum Annual Increase = -84.97%

Minimum Annual ROE = -327.54%

Quarterly (TTM)
Annual
YearROEChange
2024-71.19%130.97%
2023-30.82%-68.76%
2022-98.66%-7.43%
2021-106.58%442.23%
2020-19.66%-60.06%
2019-49.22%-84.97%
2018-327.54%417.69%
2017-63.27%-12.16%
2016-72.03%32.43%
2015-54.39%201.83%

Noram Lithium Corp. (NRM.V) Average ROE

How has NRM.V ROE performed in the past?

The current ROE of Noram Lithium Corp. (NRM.V) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-66.89%

5-year avg

-65.38%

10-year avg

-89.34%

Noram Lithium Corp. (NRM.V) ROE vs. Peers

How is NRM.V’s ROE compared to its peers?

Noram Lithium Corp.’s ROE is less than Iconic Minerals Ltd. (917.54%), less than Imagine Lithium Inc. (6.86%), greater than Grid Metals Corp. (-175.99%), greater than New Age Metals Inc. (-5.48%), less than Critical Elements Lithium Corporation (3.18%),

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