| NRN Stock | | | CAD 0.04 0.01 12.50% |
Insider
Ronald PEng is Advisor of Northern Shield Resources
| Age | 61 |
| Address | 150 Elgin Street, Ottawa, ON, Canada, K1P 1L4 |
| Phone | 613 232 0459 |
| Web | https://www.northern-shield.com |
Northern Shield Management Efficiency
The company has return on total asset
(ROA) of
(0.5996) % which means that it has lost $0.5996 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity
(ROE) of
(0.8704) %, meaning that it generated substantial loss on money invested by shareholders. Northern Shield's management efficiency ratios could be used to measure how well Northern Shield manages its routine affairs as well as how well it operates its assets and liabilities.
Return On Tangible Assets is likely to drop to -0.2 in 2025.
Return On Capital Employed is likely to drop to -0.2 in 2025. At this time, Northern Shield's
Non Currrent Assets Other are fairly stable compared to the past year.
Other Current Assets is likely to climb to about 108.2
K in 2025, whereas
Total Assets are likely to drop slightly above 4.7
M in 2025.
Northern Shield Resources has accumulated 816.62
K in total debt with debt to equity ratio
(D/E) of 8.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Northern Shield Resources has a current ratio of 0.54, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northern Shield until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Shield's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Shield Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Shield's use of debt, we should always consider it together with cash and equity.
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. Northern Shield Resources Inc. was founded in 1999 and is headquartered in Ottawa, Canada. NORTHERN SHIELD operates under Other Industrial Metals Mining classification in Exotistan and is traded on Commodity Exchange. Northern Shield Resources (NRN) is traded on TSX Venture Exchange in Canada and employs 9 people. Northern Shield is listed under Diversified Metals & Mining category by Fama And French industry classification.
Management Performance
Northern Shield Resources Leadership Team
Elected by the shareholders, the Northern Shield's board of directors comprises two types of representatives: Northern Shield inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northern. The board's role is to monitor Northern Shield's management team and ensure that shareholders' interests are well served. Northern Shield's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northern Shield's outside directors are responsible for providing unbiased perspectives on the board's policies.
Northern Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northern Shield a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
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Additional Tools for Northern Stock Analysis
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