Norsemont Mining Inc.

Norsemont Mining Inc.verified

NRRSF

Price:

$0.666

Market Cap:

$66.76M

Norsemont Mining Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties. It holds a 100% interest in the Choquelimpie gold and silver project covering an area of approximately 5,757 hectares located in northern Chile; and an option agreement to acquire a 100% interest in the Burge Lake Project located in the Province of Quebec. 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.

Industry

Gold

IPO Date

2021-01-08

Stock Exchange

OTC

Ticker

NRRSF

The Current Ratio as of December 2025 (TTM) for Norsemont Mining Inc. (NRRSF) is 0.01

According to Norsemont Mining Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -91.16% compared to the average of 0.17 of the last 4 quarters.

Norsemont Mining Inc. (NRRSF) Historical Current Ratio (quarterly & annually)

How has NRRSF Current Ratio performed in the past?

The mean historical Current Ratio of Norsemont Mining Inc. over the last ten years is 10.56. The current 0.01 Current Ratio has changed -86.02% with respect to the historical average. Over the past ten years (40 quarters), NRRSF's Current Ratio was at its highest in in the September 2015 quarter at 251.25. The Current Ratio was at its lowest in in the June 2024 quarter at 0.00.

Quarterly (TTM)
Annual

Average

10.56

Median

1.79

Minimum

0.00

Maximum

41.00

Norsemont Mining Inc. (NRRSF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Norsemont Mining Inc. Current Ratio, 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 = 12.59%

Maximum Annual Current Ratio = 41.00

Minimum Annual Increase = -98.31%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.4012.59%
20230.00-85.74%
20220.02-98.31%
20211.30-87.12%
202010.06338.87%
20192.29149.71%
20180.92-94.95%
201718.18-55.67%
201641.0030.45%
201531.4323.58%

Norsemont Mining Inc. (NRRSF) Average Current Ratio

How has NRRSF Current Ratio performed in the past?

The current Current Ratio of Norsemont Mining Inc. (NRRSF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.14

5-year avg

2.36

10-year avg

10.56

Norsemont Mining Inc. (NRRSF) Current Ratio vs. Peers

How is NRRSF’s Current Ratio compared to its peers?

Norsemont Mining Inc.’s Current Ratio is less than Abcourt Mines Inc. (0.69), less than Lion One Metals Limited (2.90), less than Pasofino Gold Limited (0.03), less than Benguet Corporation (7.61), less than A2 Gold Corp. (6.70), less than Pirate Gold Corp. (17.32), less than Scorpio Gold Corporation (0.47), less than Unigold Inc. (2.77), less than K2 Gold Corporation (8.34), less than Inventus Mining Corp. (1.85),

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