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Noram Lithium (TSXV:NRM) FCF Yield % : -48.83 (As of Dec. 15, 2024)


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What is Noram Lithium FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Noram Lithium's Trailing 12-Month Free Cash Flow is C$-4.14 Mil, and Market Cap is C$8.47 Mil. Therefore, Noram Lithium's FCF Yield % for today is -48.83%.

The historical rank and industry rank for Noram Lithium's FCF Yield % or its related term are showing as below:

TSXV:NRM' s FCF Yield % Range Over the Past 10 Years
Min: -58.69   Med: 0   Max: 0
Current: -48.83


TSXV:NRM's FCF Yield % is ranked worse than
83.48% of 2688 companies
in the Metals & Mining industry
Industry Median: -12.23 vs TSXV:NRM: -48.83

Noram Lithium's FCF Margin % for the quarter that ended in Jul. 2024 was 0.00%.


Noram Lithium FCF Yield % Historical Data

The historical data trend for Noram Lithium's FCF Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noram Lithium FCF Yield % Chart

Noram Lithium Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
FCF Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.03 -1.79 -2.64 -5.01 -28.16

Noram Lithium Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
FCF Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.59 -17.91 -22.13 -16.31 -20.60

Competitive Comparison of Noram Lithium's FCF Yield %

For the Other Industrial Metals & Mining subindustry, Noram Lithium's FCF Yield %, along with its competitors' market caps and FCF Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Noram Lithium's FCF Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Noram Lithium's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Noram Lithium's FCF Yield % falls into.



Noram Lithium FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Noram Lithium's FCF Yield % for the fiscal year that ended in Jan. 2024 is calculated as

FCF Yield %=Free Cash Flow / Market Cap
=-4.882 / 17.336982
=-28.16%

Noram Lithium's annualized FCF Yield % for the quarter that ended in Jul. 2024 is calculated as

FCF Yield %=Free Cash Flow * Annualized Factor / Market Cap
=-0.963 * 4 / 18.701046
=-20.60%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noram Lithium FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.


Noram Lithium FCF Yield % Related Terms

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Noram Lithium Business Description

Traded in Other Exchanges
Address
555 West Hastings Street, Suite 2150, Vancouver, BC, CAN, V6B 4N6
Noram Lithium Corp is engaged in the acquisition and exploration of lithium properties. Its principal asset is the Zeus Lithium Project in Clayton Valley Nevada.
Executives
Anita Young Algie Director, Senior Officer
Simon David Studer Senior Officer
Arthur Brown Director
Cyrus Driver Director
Sandy James Macdougall Director, Senior Officer
Gregory John Mccunn Senior Officer
C. Tucker Barrie Director
Peter Ball Senior Officer

Noram Lithium Headlines

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