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FIRST NORDIC METALS CORP (FNM.CA) Stock Fundamental Analysis

Canada - TSX-V:FNM - CA33583M1077 - Common Stock

0.435 CAD
+0.01 (+2.35%)
Last: 10/31/2025, 7:00:00 PM
Fundamental Rating

2

FNM gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 792 industry peers in the Metals & Mining industry. The financial health of FNM is average, but there are quite some concerns on its profitability. FNM has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

FNM had negative earnings in the past year.
FNM had a negative operating cash flow in the past year.
FNM had negative earnings in each of the past 5 years.
In the past 5 years FNM always reported negative operating cash flow.
FNM.CA Yearly Net Income VS EBIT VS OCF VS FCFFNM.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2020 2021 2022 2023 2024 -2M -4M -6M -8M -10M

1.2 Ratios

Looking at the Return On Assets, with a value of -105.42%, FNM is doing worse than 75.63% of the companies in the same industry.
Looking at the Return On Equity, with a value of -128.65%, FNM is doing worse than 68.94% of the companies in the same industry.
Industry RankSector Rank
ROA -105.42%
ROE -128.65%
ROIC N/A
ROA(3y)-176.46%
ROA(5y)-358.29%
ROE(3y)-1418.68%
ROE(5y)-1149.67%
ROIC(3y)N/A
ROIC(5y)N/A
FNM.CA Yearly ROA, ROE, ROICFNM.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2020 2021 2022 2023 2024 -1K -2K -3K -4K

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for FNM so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
FNM.CA Yearly Profit, Operating, Gross MarginsFNM.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2020 2021 2022 2023 2024

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6

2. Health

2.1 Basic Checks

FNM has more shares outstanding than it did 1 year ago.
FNM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
FNM.CA Yearly Shares OutstandingFNM.CA Yearly Shares OutstandingYearly Shares Outstanding 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
FNM.CA Yearly Total Debt VS Total AssetsFNM.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2020 2021 2022 2023 2024 5M 10M 15M 20M 25M

2.2 Solvency

FNM has an Altman-Z score of 17.84. This indicates that FNM is financially healthy and has little risk of bankruptcy at the moment.
FNM has a Altman-Z score of 17.84. This is in the better half of the industry: FNM outperforms 73.48% of its industry peers.
There is no outstanding debt for FNM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 17.84
ROIC/WACCN/A
WACCN/A
FNM.CA Yearly LT Debt VS Equity VS FCFFNM.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2020 2021 2022 2023 2024 0 10M 20M

2.3 Liquidity

FNM has a Current Ratio of 1.21. This is a normal value and indicates that FNM is financially healthy and should not expect problems in meeting its short term obligations.
FNM's Current ratio of 1.21 is in line compared to the rest of the industry. FNM outperforms 42.42% of its industry peers.
A Quick Ratio of 1.21 indicates that FNM should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.21, FNM perfoms like the industry average, outperforming 44.57% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.21
Quick Ratio 1.21
FNM.CA Yearly Current Assets VS Current LiabilitesFNM.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2020 2021 2022 2023 2024 2M 4M 6M 8M 10M

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1

3. Growth

3.1 Past

The earnings per share for FNM have decreased strongly by -187.54% in the last year.
EPS 1Y (TTM)-187.54%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-51.1%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

Based on estimates for the next years, FNM will show a very strong growth in Earnings Per Share. The EPS will grow by 25.99% on average per year.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y24.26%
EPS Next 2Y19.67%
EPS Next 3Y25.99%
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
FNM.CA Yearly Revenue VS EstimatesFNM.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2032 20M 40M 60M 80M 100M
FNM.CA Yearly EPS VS EstimatesFNM.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2025 2026 -0.01 -0.02 -0.03 -0.04

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1

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for FNM. In the last year negative earnings were reported.
Also next year FNM is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
FNM.CA Price Earnings VS Forward Price EarningsFNM.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
FNM.CA Per share dataFNM.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.02 -0.02 0.04 -0.04 -0.06

4.3 Compensation for Growth

FNM's earnings are expected to grow with 25.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y19.67%
EPS Next 3Y25.99%

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0

5. Dividend

5.1 Amount

No dividends for FNM!.
Industry RankSector Rank
Dividend Yield N/A

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FIRST NORDIC METALS CORP

TSX-V:FNM (10/31/2025, 7:00:00 PM)

0.435

+0.01 (+2.35%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)08-29 2025-08-29/amc
Earnings (Next)11-27 2025-11-27
Inst Owners0.72%
Inst Owner ChangeN/A
Ins Owners2.7%
Ins Owner ChangeN/A
Market Cap138.63M
Revenue(TTM)N/A
Net Income(TTM)-20821500
Analysts83.64
Price Target1.42 (226.44%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-69.9%
Min EPS beat(2)-94.17%
Max EPS beat(2)-45.63%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)2.95%
PT rev (3m)3.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)50%
EPS NY rev (1m)0%
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 8.57
P/tB 8.57
EV/EBITDA N/A
EPS(TTM)-0.08
EYN/A
EPS(NY)-0.03
Fwd EYN/A
FCF(TTM)-0.05
FCFYN/A
OCF(TTM)-0.05
OCFYN/A
SpS0
BVpS0.05
TBVpS0.05
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -105.42%
ROE -128.65%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-176.46%
ROA(5y)-358.29%
ROE(3y)-1418.68%
ROE(5y)-1149.67%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 1.21
Quick Ratio 1.21
Altman-Z 17.84
F-Score5
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-187.54%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-51.1%
EPS Next Y24.26%
EPS Next 2Y19.67%
EPS Next 3Y25.99%
EPS Next 5YN/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-295.7%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year0.82%
EBIT Next 3Y13.68%
EBIT Next 5Y9.89%
FCF growth 1Y-351.4%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-351.4%
OCF growth 3YN/A
OCF growth 5YN/A

FIRST NORDIC METALS CORP / FNM.CA FAQ

Can you provide the ChartMill fundamental rating for FIRST NORDIC METALS CORP?

ChartMill assigns a fundamental rating of 2 / 10 to FNM.CA.


What is the valuation status for FNM stock?

ChartMill assigns a valuation rating of 1 / 10 to FIRST NORDIC METALS CORP (FNM.CA). This can be considered as Overvalued.


Can you provide the profitability details for FIRST NORDIC METALS CORP?

FIRST NORDIC METALS CORP (FNM.CA) has a profitability rating of 0 / 10.


Can you provide the financial health for FNM stock?

The financial health rating of FIRST NORDIC METALS CORP (FNM.CA) is 6 / 10.