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Norsemont Mining Inc. (C:NOM)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Suite 610 - 700 West Pender Street
VANCOUVER BC V6C 1G8
Tel: N/A
Website: https://norsemont.com
IR: See website
Key People
N/A    
Business Overview
Norsemont Mining Inc. is a Canada-based junior mining company with 100% ownership of the Choquelimpie Gold and Silver Project. The Company is engaged in the acquisition, exploration, and development of resource properties. The Choquelimpie Gold and Silver Project is located in the Arica and Parinacota Region of Chile, covering over 5757 hectares (ha) with year-round access. The Choquelimpie Gold and Silver Project has over 1,700 drill holes, with existing infrastructure, including roads, power, water, camp, and an approximately 3,000 tons per day (TPD) mill.
Financial Overview
For the nine months ended 30 September 2023, Norsemont Mining Inc revenues was not reported. Net loss decreased 63% to C$1.8M. Lower net loss reflects Exploration costs decrease of 66% to C$827K (expense), Share-based payments decrease of 71% to C$254K (expense), Investor Communications decrease of 90% to C$51K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -C$0.09 to -C$0.03.
Reporting Currency: Canadian Dollars
Enterprise value: $7.53M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$2.23M as of Sep 30, 2023
Net annual income (TTM): -$2.48M as of Sep 30, 2023
Free cash flow (TTM): -$0.91M as of Sep 30, 2023
Net Debt Last Fiscal Year: $1.28M as of Sep 30, 2023
Shares outstanding: 59,523,555 as of Nov 22, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization