Northern Shield Resources Inc. (NRN.V)
Northern Shield Resources Inc. operates in the Other Precious Metals industry of the Basic Materials sector, headquartered in Ottawa, ON, CA. The stock last traded at $0.04, up 0.00% on the session, giving a market capitalisation of $6.1M. Its beta of 0.42 implies it has historically moved less than the broad market.
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.
Northern Shield Resources Inc. is most often compared with the following Basic Materials names: