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Nations Royalty Corp.
(NRC)
Nations Royalty Corp. (NRC) vs. iShares MSCI Canada ETF (EWC)
Nations Royalty Corp. Business Overview & Revenue Model
Nations Royalty Corp. Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.11M | 843.75K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 111.99K | -117.22K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -4.56M | -6.28M | -24.67K | 0.00 | 0.00 | -2.54K |
| Net Income | -4.42M | -28.55M | -1.29M | -246.19K | -63.08K | -14.54K |
Balance Sheet | ||||||
| Total Assets | 4.77M | 5.64M | 10.08M | 898.62K | 0.00 | 0.00 |
| Cash, Cash Equivalents and Short-Term Investments | 3.94M | 4.71M | 48.74K | 890.61K | 0.00 | 0.00 |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 138.35K | 111.22K | 10.95M | 532.78K | 263.19K | 200.11K |
| Stockholders Equity | 4.63M | 5.52M | -863.38K | 365.83K | -263.19K | -200.11K |
Cash Flow | ||||||
| Free Cash Flow | -2.94M | -4.62M | -830.71K | 15.40K | 0.00 | 0.00 |
| Operating Cash Flow | -2.94M | -4.62M | -830.71K | 15.40K | 0.00 | 0.00 |
| Investing Cash Flow | 0.00 | 9.33M | 0.00 | 0.00 | 0.00 | 0.00 |
| Financing Cash Flow | 2.50K | 0.00 | -11.16K | 875.21K | 0.00 | 0.00 |
Nations Royalty Corp. Technical Analysis
Nations Royalty Corp. Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | C$4.31B | 61.29 | 14.90% | 1.32% | 35.51% | 7.55% | |
67 Neutral | C$8.62M | 0.55 | 75.06% | ― | 486.23% | 478.94% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
51 Neutral | C$8.01M | -0.30 | -55.73% | ― | 53.55% | -289.42% | |
48 Neutral | ― | -41.83 | -80.21% | ― | ― | ― | |
48 Neutral | C$4.68M | -1.08 | -37.19% | ― | 26.42% | -1217.14% |
Nations Royalty Corp. Corporate Events
Nations Royalty Corp. has closed a C$15 million bought-deal private placement of 9.375 million units priced at C$1.60 each, including full exercise of the over-allotment option, with each unit comprising one common share and one-half warrant exercisable at C$2.25 until 2029. The financing, led by Red Cloud Securities and Canaccord Genuity under a listed issuer financing exemption, provides immediately freely tradeable units for Canadian investors and strengthens the company’s capital base as it advances its Indigenous-focused royalty and benefit entitlement portfolio, though the transaction remains subject to final TSX Venture Exchange approval and excludes U.S. investors due to securities law restrictions.
The most recent analyst rating on (TSE:NRC) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on Nations Royalty Corp. stock, see the TSE:NRC Stock Forecast page.
Nations Royalty Corp. has launched a C$10 million bought-deal private placement, selling 6.25 million units at C$1.60 each, with each unit comprising one common share and one-half warrant exercisable at C$2.25 for 36 months. The underwriters, led by Red Cloud Securities and Canaccord Genuity, also have an over-allotment option to purchase up to an additional 1.25 million units for potential extra proceeds of C$2 million, and will receive a 6% cash commission and broker warrants. The financing, conducted under the listed issuer financing exemption in most Canadian provinces and via private placement in the U.S. and other jurisdictions, is expected to close on January 30, 2026, subject to regulatory approvals, and will fund further acquisitions of royalty and streaming interests as well as working capital, reinforcing Nations Royalty’s growth strategy and capital position.
The most recent analyst rating on (TSE:NRC) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Nations Royalty Corp. stock, see the TSE:NRC Stock Forecast page.
Nations Royalty Corp. has entered into a bought-deal private placement with a syndicate led by Red Cloud Securities and Canaccord Genuity to issue 6,250,000 units at C$1.60 per unit, raising C$10 million, with an over-allotment option for an additional 1,250,000 units that could bring total gross proceeds to C$12 million. Each unit comprises one common share and half a warrant exercisable at C$2.25 for 36 months, and the financing, conducted under the listed issuer financing exemption in most Canadian provinces alongside private placements in the U.S. and other jurisdictions, is intended to fund further royalty and streaming acquisitions and general working capital, reinforcing the company’s growth strategy and potentially expanding its portfolio and future income base, subject to regulatory and TSX Venture Exchange approvals.
The most recent analyst rating on (TSE:NRC) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Nations Royalty Corp. stock, see the TSE:NRC Stock Forecast page.
Nations Royalty Corp. has arranged a C$10 million bought deal private placement of 6,250,000 units at C$1.60 per unit, each consisting of one common share and half a warrant exercisable at C$2.25 for 36 months, with an over-allotment option that could raise an additional C$2 million. The financing, led by Red Cloud Securities and Canaccord Genuity under a listed issuer financing exemption in most Canadian provinces and via private placement in the U.S. and other jurisdictions, is intended to fund further royalty and streaming acquisitions and working capital, potentially expanding the company’s portfolio and strengthening its position in the royalties market, subject to regulatory and exchange approvals.
The most recent analyst rating on (TSE:NRC) stock is a Hold with a C$2.00 price target. To see the full list of analyst forecasts on Nations Royalty Corp. stock, see the TSE:NRC Stock Forecast page.
Nations Royalty Corp. has appointed Derrick Pattenden as its new president and CEO, succeeding founder Robert McLeod, who remains on the board to support a smooth leadership transition as he moves to lead Ascot Resources, an operator of projects over which Nations Royalty holds royalty interests. Pattenden, a Mohawks of the Bay of Quinte First Nation band member with more than 15 years of mining, finance, and M&A experience, previously served as the company’s chief investment officer and director, and his promotion advances Nations Royalty’s stated goal of Indigenous leadership as it enters its next phase of growth and seeks to build on its portfolio of royalties in British Columbia’s Golden Triangle and other key Canadian resource assets.
The most recent analyst rating on (TSE:NRC) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Nations Royalty Corp. stock, see the TSE:NRC Stock Forecast page.
Nations Royalty Corp. has announced the results of its Annual General and Special Meeting (AGSM), where shareholders approved all items of business, including the election of directors, appointment of auditors, and the stock option plan. Notably, Chief Investment Officer Derrick Pattenden was welcomed to the board, signaling continued focus on strategic growth and governance. The approval of these resolutions reinforces the company’s commitment to its vision of fostering collaboration, economic inclusion, and long-term royalty income generation across key resource projects.