Norsemont Mining Inc. (NOM) Financials
CSE: NOM · Gold, Silver, Copper · Advanced Exploration stage
- Market cap$81.6M
- Share price$0.670
- 52-week range$0.590 – $1.80
- Shares outstanding121,852,566
- ExchangeCSE
- Properties1
- Websitenorsemont.com
Norsemont Mining Inc. is a Canadian resource development company focused on advancing and developing the past-producing Choquelimpie gold-silver-copper project in northern Chile — a project with both significant existing resources and remarkable upside.
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Norsemont Mining Inc. financial statements
Key figures read from 39 of 39 financial statement filings, Apr 30, 2015 to Aug 31, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$18,230,547 | C$957,870 | C$5,112 | C$24,507 | C$2,602,049 |
| Short-term investments | — | C$0 | C$28,750 | C$28,750 | C$28,750 |
| Total current assets | C$18,271,348 | C$27,477,053 | C$27,505,803 | C$72,429* | C$2,725,520* |
| Total current liabilities | C$19,889,356 | C$2,858,524 | C$4,527,961 | C$3,299,794 | C$2,103,178 |
| Working capital | (C$1,618,008) | C$24,618,529 | C$22,977,842 | (C$3,227,365) | C$622,342 |
| Exploration and evaluation assets | C$27,477,053 | C$27,477,053 | C$27,477,053 | C$27,477,053 | C$27,477,053 |
| Property, plant and equipment | C$131,250 | — | C$0 | C$51,100 | C$88,300 |
| Total assets | C$45,879,651 | C$28,612,536 | C$27,519,975 | C$27,629,332 | C$30,319,623 |
| Debt | C$5,616,407 | C$2,866,481 | C$1,278,522 | C$1,247,654 | — |
| Total liabilities | C$21,054,917 | C$5,475,005 | C$4,527,961 | C$3,311,894 | C$2,152,978 |
| Shareholders' equity | C$24,824,734 | C$23,137,531 | C$22,992,014 | C$24,317,438 | C$28,166,645 |
* Calculated from the statement's own lines: the company did not print this total with a label.
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$2,434,554 | C$693,985 | C$1,267,181 | C$2,734,013 | C$2,734,013 |
| General and administrative | C$1,051,205 | C$176,978 | C$116,498 | C$202,034 | C$202,034 |
| Share-based compensation | C$2,127,983 | C$641,944 | C$270,577 | C$1,021,648 | C$1,021,648 |
| Impairments and write-downs | — | — | C$0 | (C$31,813) | C$0 |
| Net income (loss) | (C$8,084,172) | (C$2,053,427) | (C$2,392,854) | (C$5,440,935) | (C$5,440,935) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$4,914,408) | (C$2,031,688) | (C$722,285) | (C$4,224,856) | (C$6,555,838) |
| Investing cash flow | (C$156,133) | — | — | — | C$0 |
| Financing cash flow | C$22,398,832 | C$2,984,446 | C$704,235 | C$1,659,685 | C$1,513,452 |
| Exploration spending (capitalized) | — | — | — | — | C$0 |
| Property, plant and equipment spending | (C$156,133) | — | — | — | C$0 |
| Proceeds from share issues | C$5,789,007 | — | — | — | C$0 |
| Change in cash | C$17,328,291 | C$952,758 | (C$18,050) | (C$2,565,171) | (C$5,042,386) |
| Cash at end of period | C$18,230,547 | C$957,870 | C$5,112 | C$24,507 | C$2,602,049 |
Norsemont Mining Inc. financings
5 financings announced or closed by Norsemont Mining Inc., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2025-12-08 | Norsemont Mining Inc. (NOM) | Convertible debenture, non-brokered | Closed, 2 tranches | $10.9M | — | Norsemont Announces $10 Million Financing With Strategic Investors |
| 2025-10-03 | Norsemont Mining Inc. (NOM) | Private placement, non-brokered | Closed, 1 tranche | $350K | $0.100 | Norsemont Announces Closing of Warrant Financing from Strategic Investors |
| 2025-09-26 | Norsemont Mining Inc. (NOM) | Private placement, non-brokered | Announced | $350K | $0.690 | Norsemont Mining Inc. Announces NBPP of Warrants and Equity Grant |
| 2025-08-01 | Norsemont Mining Inc. (NOM) | Private placement, non-brokered | Closed, 6 tranches | $6.1M | $0.600 | Norsemont Miining Inc. - Announces Closing of 3rd Tranche of Private Placement Led by Crescat Capital and Equity Management Associates |
| 2024-10-11 | Norsemont Mining Inc. (NOM) | Convertible debenture, non-brokered | Closed, 2 tranches | $3.0M | — | Norsemont Announces non-Brokered Private Placements |