Northern Shield Resources Inc. (NRN.V) Research

Northern Shield Resources Inc. operates as a natural resources company, primarily focused on the identification, acquisition, and exploration of mineral deposits across Eastern Canada. The firm's exploration activities target key metals such as nickel, copper, gold, silver, and platinum group elements. Its significant holdings include an 88.5% interest in the Shot Rock property, which covers 121 square kilometers with 750 claims in Nova Scotia. The company also holds full ownership of the Huckleberry property, encompassing 54 square kilometers over 72 claims situated north of Schefferville, Quebec, as well as the Idefix property, which comprises 40 claims across 18 square kilometers in Quebec's Labrador Trough. Furthermore, Northern Shield Resources Inc. has an option agreement to acquire a 100% interest in the Merasheen property, consisting of 217 claims spanning 54 square kilometers on the southern end of Merasheen Island in Placentia Bay, Newfoundland. Established in 1999, the company is based in Ottawa, Canada.

Market snapshot

Symbol
NRN.V
Price
$0.05
Day change
0.00%
Market cap
$5.7M
P/E ratio
-9.51x
52-week range
0.04-0.12
Sector
Basic Materials
Industry
Industrial Materials

Peer companies

  • CDN Maverick Capital Corp. (CDN.CN)
  • Green Shift Commodities Ltd. (GCOM.V)
  • GoldHaven Resources Corp. (GOH.CN)
  • Murchison Minerals Ltd. (MUR.V)
  • Northern Lights Resources Corp. (NLR.CN)
  • Playfair Mining Ltd. (PLY.V)
  • Rokmaster Resources Corp. (RKR.V)
  • Sparton Resources Inc. (SRI.V)

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