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Noram Lithium Corp. Stock AnalysisComprehensive stock analysis for Noram Lithium Corp. (NRM.V) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisNRM.V
NRM.V
Noram Lithium Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
NRM.V
Home🔹Stocks🔹Noram Lithium Corp.

Noram Lithium Corp.

FRC Coverage
NRM.V•TSXV

Noram Lithium Corp.

FRC Coverage
NRM.V•TSXV
Sentiment

Your view on NRM.V

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NRM.V
Noram Lithium Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
NRM.V
Company Overview

Overview

What the company does, where it operates, and who runs it.

*Noram Lithium Corp. has paid FRC a fee for research coverage and distribution of reports.

About Noram Lithium Corp.

Industry
Other Industrial Metals & Mining
Sector
Basic Materials
CEO
Sandy J. MacDougall
Headquarters
555 West Hastings Street, Vancouver, BC, CA
Industry
Other Industrial Metals & Mining
Sector
Basic Materials
CEO
Sandy J. MacDougall
Headquarters
555 West Hastings Street, Vancouver, BC, CA
Description

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.

FRC Research
Buy
Fair Value Estimate
CAD$1.14

A Deep Value Play in the U.S. Lithium Sector-Valuation Report

Report · Jan 22, 2025

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FRC Research
Buy
Fair Value Estimate
CAD$1.14

A Deep Value Play in the U.S. Lithium Sector-Valuation Report

Report · Jan 22, 2025

Sign in to view

FRC Research

Research Reports

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Financial Data

Stock Data

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Fair Value

What FRC thinks the stock is worth vs. the current price.

FRC's fair value estimate for Noram Lithium Corp., and the rating behind it. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Noram Lithium Corp.. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Noram Lithium Corp.. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Noram Lithium Corp.. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Noram Lithium Corp.. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Noram Lithium Corp. valued side by side against its closest peers. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Which funds and firms own the stock.

Which institutions hold Noram Lithium Corp., and how their positions are changing. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings.

Insider Trading

Recent buying and selling by company executives.

Buying and selling by Noram Lithium Corp. executives and directors. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned.

Senate Trading

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Noram Lithium Corp.. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely.

House Trading

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Noram Lithium Corp.. Representatives' reported transactions in this security, shown next to the company's fundamentals.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Noram Lithium Corp.. Press releases and market coverage, newest first.

Research Reports

2 reports

*Noram Lithium Corp. has paid FRC a fee for research coverage and distribution of reports.

Jan 22, 2025

A Deep Value Play in the U.S. Lithium Sector-Valuation Report

Anticipating a rebound in lithium juniors, this report underscores the valuation gap, and highlights what the market is overlooking in NRM.

Thumbnail for A Deep Value Play in the U.S. Lithium Sector-Valuation Report
Jul 2, 2024

High-Grade Resources Boost Confidence

Noram has completed an updated resource estimate on its Zeus lithium project in Nevada.

Thumbnail for High-Grade Resources Boost Confidence
6 reports
Jun 14, 2023

Robust Resource Estimate Enhances Economic Prospects

PDF
Dec 15, 2021

M&A Probability Has Increased for This Lithium Junior

PDF
Sep 24, 2021

Updated Resource Significantly Higher Than Expected / PEA Coming Soon

PDF
Jan 15, 2021

Albermale’s Announcement Increases Likelihood of M&A

PDF
Sep 23, 2020

Tesla Brings Focus to the Area; Operating in an Area Ripe for Consolidation – Initiating Coverage

PDF
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*Noram Lithium Corp. has paid FRC a fee for research coverage and distribution of reports.

Mar 2, 2026·5 months agoLatest
Company Announcement

Zeus lithium project in Nevada shows potential for critical minerals

FRC Analyst's Comment

Preliminary modeling indicates the project could potentially host recoverable critical minerals, including molybdenum, cesium, rubidium, and potash. This represents a major milestone, as the project has previously been evaluated only for its lithium potential. These additional by-products could significantly improve project economics, and make the project a stronger candidate for federal grants, project financing, and permitting priority. Management plans to incorporate these by-products into an updated independent economic study (PEA).

A 2021 PEA estimated the project’s after-tax NPV8% at US$1.3B, assuming highly conservative lithium prices of US$9,500/tonne (current spot: US$25,060/tonne). However, NRM is currently trading at only 0.8% of this estimated project value, a substantial gap.

Mar 2, 20265 months agoLatest
Feb 9, 2026·6 months ago
Company Announcement

Raised $1.07M through an equity financing

FRC Analyst's Comment

Proceeds will fund exploration and development activities at its flagship Zeus lithium project in Clayton Valley, Nevada. Noram’s project, with enough lithium to support over 40 years of production, is situated next to Albemarle’s (NYSE: ALB) Silver Peak mine, the U.S.’s only operating lithium mine. Being close to an established operation can make the project attractive to larger companies seeking expansion opportunities or operational efficiencies. A 2021 independent study (PEA) estimated the project’s after-tax NPV8% at US$1.3B, assuming highly conservative lithium prices of US$9,500/tonne (current spot: US$19,600/tonne). However, NRM is currently trading at only 0.8% of this estimated project value, a substantial gap.

Feb 9, 20266 months ago
Jun 17, 2024·2y ago
Company Announcement
Announces an updated resource estimate for the Zeus project (Nevada)
FRC Analyst's Comment
Positive – NRM has identified a high-grade zone averaging 1,121 ppm Li, which is significantly higher than comparable deposits. Detailed engineering studies are underway for this high-grade resource, aimed at potentially reducing the project’s OPEX. We will produce a detailed update report shortly.
Jun 17, 20242y ago

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