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Nova Royalty Corp. (V:NOVR)

Business Focus: Specialty Mining & Metals

Sector:  Basic Materials Industry:  Specialty Mining & Metals
See Regulatory Filings on SEDAR
Company Contact
Address: Suite 501, 543 Granville St
Tel: N/A
IR: See website
Key People
Business Overview
Nova Royalty Corp is a Canada-based royalty company. The Company is focused on nickel and copper deposits. It acquires royalties from a variety of vendors, including private individuals, prospectors, mining companies, juniors, government agencies and other applicable entities. Its royalty portfolio includes the Dumont, NuevaUnion, Twin Metals, Taca Taca and the exploration royalties. The Dumont Nickel-Cobalt project is located in Abitibi Mining Camp, Quebec, Canada. The NuevaUnion Copper-Gold project is located in the Huasco Region, North-Central Chile. The Twin Metals Copper-Nickel-Platinum Group Metals project is located in Minnesota, United States. The Taca Taca Copper-Gold-Molybdenum project is located in Salta Province, Argentina. The Company's exploration royalties include Janice Lake copper-silver project located in Saskatchewan, Canada and Pinnacle Reef, Copper King, and Nub East copper-gold porphyry projects in British Columbia.
Financial Overview
For the nine months ended 30 September 2020, NovaRoyalty Corp revenues was not reported. Net loss increasedfrom C$615K to C$2M. Higher net loss reflects Share-basedpayments increase from C$333K to C$1.3M (expense),Professional fees increase from C$40K to C$331K (expense),Consulting fees increase from C$159K to C$354K (expense).Basic Earnings per Share excluding Extraordinary Itemsdecreased from -C$0.02 to -C$0.05.
Reporting Currency: Canadian Dollars
Enterprise value: $294.13M as of Sep 30, 2020
Annual revenue (TTM): $0.01M as of Sep 30, 2020
EBITDA (TTM): -$2.44M as of Sep 30, 2020
Net annual income (TTM): -$2.36M as of Sep 30, 2020
Free cash flow (TTM): -$3.81M as of Sep 30, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 75,265,383 as of Apr 6, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization