Norse Gold Corp

Norse Gold Corp

TTSXV:VKG
0.06
CAD
+0.02
(+50.00%)
-0.01EPS
7.34MMarket Cap

Total Valuation

CAD

As of March 31, 2026, Norse Gold Corp carries a market capitalization of 7.34M, placing it among publicly traded companies globally. Its enterprise value stands at 6.65M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap7.34M
Enterprise Value6.65M

Share Statistics

As of March 31, 2026, Norse Gold Corp has 52.42M shares outstanding.

Shares Outstanding52.42M

Valuation Ratios

These figures are as of March 31, 2026.

PB Ratio4.93
P/TBV Ratio4.93
P/FCF Ratio-113.39
P/OCF Ratio-196.83

Financial Position

As of March 31, 2026, Norse Gold Corp maintains a current ratio of 1.87, meaning it holds 1.9x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 18.52, indicating elevated leverage, while an interest coverage ratio of -9,344.53 demonstrates limited ability to service its debt obligations.

Current Ratio1.87
Quick Ratio1.88
Debt / Equity18.52
Debt / EBITDA-0.58
Interest Coverage-9,344.53

Financial Efficiency

Over the twelve months ended March 31, 2026, Norse Gold Corp posted a negative return on equity (ROE) of -43.91, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -31.84, reflecting losses generated across the asset base.

Return on Equity (ROE)-43.91
Return on Assets (ROA)-31.84

Stock Price Statistics

CAD

As of the close on October 22, 2026, Norse Gold Corp's stock has gained approximately 71.43% over the past 52 weeks. The 50-day moving average sits at 0.09, while the 200-day moving average is 0.05.

52-Week Price Change71.43%
50-Day Moving Average0.09
200-Day Moving Average0.05

Income Statement

CAD

Over the twelve months ended March 31, 2026, Norse Gold Corp generated - - in revenue and converted that into -476,622.00 in net income, yielding earnings per share of -0.01. EBITDA reached -476,571.00, while operating income came in at -476,571.00.

Operating Income-476,571.00
Pretax Income-476,622.00
Net Income-476,622.00
EBITDA-476,571.00
EBIT-476,571.00
Earnings Per Share (EPS)-0.01

Balance Sheet

CAD

As of March 31, 2026, Norse Gold Corp holds 965,610.00 in cash and equivalents against 275,947.00 in total debt, resulting in a net debt position of -689,663.00. Total book value stands at 1.49M, with working capital of 447,807.00 providing operational flexibility.

Cash & Cash Equivalents965,610.00
Total Debt275,947.00
Net Debt-689,663.00
Equity (Book Value)1.49M
Book Value Per Share0.03
Working Capital447,807.00

Cash Flow

CAD

Norse Gold Corp produced -30,219.00 in operating cash flow over the twelve months ended March 31, 2026. After subtracting -22,239.00 in capital expenditures, free cash flow totaled -52,458.00 - equivalent to 0.00 per share.

Operating Cash Flow-30,219.00
Capital Expenditures-22,239.00
Free Cash Flow-52,458.00

Dividends & Yields

These figures cover the twelve months ended March 31, 2026. Free cash flow yield is negative at -0.88: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -13.86, meaning Norse Gold Corp raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-13.86
FCF Yield-0.88

Stock Splits

Norse Gold Corp's most recent stock split took place on January 14, 2008 with a 5:1 split ratio.

Last Split Date1/14/2008
Split Ratio5:1

Scores

As of March 31, 2026, Norse Gold Corp has an Altman Z-Score of 3.43, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score3.43