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NR
NRC.V TSX Venture Specialty Mining & Metals

Nations Royalty Corp.

$1,08
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Mcap
P/E
EV / Rev
Div yield
Op margin
-3 408,5 %
ROE
-516,8 %
Net margin
-3 383,5 %
Debt / equity
0,00
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
2026-08-13
Ex-dividend
TR 1Y
About

NRC.V operates in the specialty mining and metals industry, focusing on the exploration, development, and production of mineral resources.

Business. NRC.V is a specialty mining and metals company operating within the Basic Materials sector. The firm is listed on the TSX Venture Exchange under the ticker NRC.V. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as an entity engaged in specialty mining and metals activities.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustrySpecialty Mining & Metals
Generated · model-assisted
Sell-side consensus
HOLD3 analysts
1 buy2 hold0 sell
Avg 12m price target8,75

Analyst recommendations

3 analysts · consensus Hold
Buy1
Hold2
Sell0
12-month price target
8,75
Consensus of sell-side coverage.
Upcoming events
  • EarningsH1 2026 earnings (expected)2026-08-13 · estimated
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Hold
3 analysts · indicative
Ownership
not yet wired
Profitability
-516,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning NRC.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to NRC.V. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Company
    • EarningsH1 2026 earnings (expected)2026-08-13 · estimated
    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    NRC.V is a specialty mining and metals company operating within the Basic Materials sector. The firm is listed on the TSX Venture Exchange under the ticker NRC.V. Specific details regarding its operating segments, headquarters location, and geographic revenue mix are not available in the provided data. Consequently, the company is described at the industry level as an entity engaged in specialty mining and metals activities.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustrySpecialty Mining & Metals
    AI synthesis
    GENERATED

    NRC.V exhibits a highly liquid capital structure, with a current ratio of 50.67, indicating a strong ability to meet short-term obligations. The company holds CAD 4,713,250 in cash and equivalents, which significantly exceeds its total liabilities of CAD 111,220. The absence of long-term debt further enhances its liquidity position.

    Profitability metrics are negative, with a return on equity of -5.17 and a return on assets of -5.07, both well below the industry median for specialty mining and metals. The company reported a net loss of CAD 28,548,430 and an operating loss of CAD 28,758,850 in the latest period, reflecting operational challenges.

    Geographically and segment-wise, NRC.V's revenue concentration is not disclosed in the available data. However, the company's operations are likely concentrated in its core mineral resource activities, as no other business segments are reported. The lack of segment data limits the ability to assess geographic or product diversification.

    Growth trajectory is negative, with a revenue of CAD 843,750 in the latest period. No forward-looking revenue guidance is provided, and the absence of positive operating cash flow (CAD -4,615,100) suggests ongoing operational inefficiencies. The company's ability to generate positive cash flow from operations is a critical near-term challenge.

    Risk factors include low liquidity and dilution risk, with no immediate filing-based flags detected. The company's equity base of CAD 5,524,480 is not under pressure from dilutive events, and its capital structure remains debt-free. However, the negative net income and operating cash flow indicate operational and financial risks that could evolve if not addressed.

    Recent events include the latest financial filing (market data), which discloses the company's current financial position. No recent earnings call transcripts or regulatory filings are available to provide additional context on strategic initiatives or operational changes.

    Key takeaways
    • NRC.V has a highly liquid balance sheet with a current ratio of 50.67 and no long-term debt.
    • The company is unprofitable, with a return on equity of -5.17 and a return on assets of -5.07.
    • No immediate liquidity or dilution risks are flagged, but operational losses and negative cash flow from operations are concerning.
    • Revenue concentration and segment data are not disclosed, limiting visibility into diversification.
    • The company's growth trajectory is negative, with no forward-looking guidance provided.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $1,08
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $5.5M
    Net cash
    $4.7M
    Current ratio
    50.7
    Debt / equity
    0.0
    ROA
    -5.1%
    ROE
    -5.2%
    Cash conversion
    16.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    0,62
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    3
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-16 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low$8,00
    Mean$8,75
    Median$8,75
    High$9,50
    Spot$1,08
    +710.2 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin-3 408,5 %Bottom quartile
    Net Margin-3 383,5 %Bottom quartile
    ROE-516,8 %Bottom quartile
    D/E0,00Above median
    Cash Conv0,16Bottom quartile

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    Derivative transactions

    Net acquired 64 022 sh2 exercises · 5 grants7 insiders
    • Bhandari ParulDirector · Director Stock Option (Right to Buy) → Common StockAcquired 8 819 @ $22,01grant · 2026-01-22
    • Lockhart Stephen HDirector · Director Stock Option (Right to Buy) → Common StockAcquired 8 819 @ $22,01grant · 2026-01-22
    • Hays Michael D.Director, Chairman · Employee Stock Option (right to buy) → Common StockDisposed 9 145 @ $15,23exercise · 2026-01-05
    • Hrdy HelenEVP & Chief Operating Officer · Employee Stock Option (right to buy) → Common StockDisposed 12 346 @ $15,23exercise · 2025-12-15
    • NUNNELLY JOHN NDirector · Director Stock Option (Right to Buy) → Common StockAcquired 22 625 @ $11,61grant · 2025-10-17
    • Berwick Donald MDirector · Director Stock Option (Right to Buy) → Common StockAcquired 22 625 @ $11,61grant · 2025-10-17
    • Wheeler Penny AnnDirector · Director Stock Option (Right to Buy) → Common StockAcquired 22 625 @ $11,61grant · 2025-10-17

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • NRC.V Market data — financials · 2026-05-28

    Ownership & reference

    Leadership

    • Derrick PattendenPresident, Chief Executive Officer

    Insider activity

    Net buying1 buys · 0 sellsnet $98K10 insiders · last 365d
    • Lockhart Stephen HDirector · Common StockOther 7 697 · 2026-06-23
    • Berwick Donald MDirector · Common StockOther 7 697 · 2026-06-23
    • Bhandari ParulDirector · Common StockOther 7 697 · 2026-06-23
    • NUNNELLY JOHN NDirector · Common StockOther 7 697 · 2026-06-23
    • Wheeler Penny AnnDirector · Common StockOther 7 697 · 2026-06-23
    • Rau Jason RussellExecutive Vice President · Common StockOther 60 000 · 2026-03-12
    • HARRISON SHANE REVP & Chief Financial Officer · Common StockBought 8 000 @ $12,27$98K · 2026-02-17
    • Hays Michael D.Director, Chairman · Common StockOther 9 145 @ $15,23$139K · 2026-01-05
    • Burik DavidEVP, Strategic Insights · Common StockOther 100 000 · 2026-01-05
    • HARRISON SHANE REVP & Chief Financial Officer · Common StockOther 21 271 @ $18,66$397K · 2025-12-29
    • Hrdy HelenEVP & Chief Operating Officer · Common StockOther 12 346 @ $15,23$188K · 2025-12-15
    • Hrdy HelenEVP & Chief Operating Officer · Common StockOther 11 244 @ $17,64$198K · 2025-12-15
    • HARRISON SHANE REVP & Chief Financial Officer · Common StockOther 172 000 · 2025-09-29

    Short positioning

    520.8Kshares short+11.1% vs prior
    6.16days to cover
    63.9%short of daily vol
    585fails-to-deliver
    as of 2026-07-15 · short-interest report (free)

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    NRC.VCanonical
    TSX Venture · USD

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    • Return on equity (FY 2024-12-31): -48.8%Derived (calculated)
    • Return on assets (FY 2024-12-31): -23.9%Derived (calculated)
    • Current ratio (FY 2024-12-31): 1.77xDerived (calculated)
    • Net margin (FY 2024-12-31): -4,905.9%Derived (calculated)
    • Debt-to-equity (FY 2024-12-31): 1.04xDerived (calculated)
    • Operating income (annual): NOK -58MBRREG filing
    • Total liabilities (annual): NOK 1.78BBRREG filing
    • Non current assets (annual): NOK 1.25BBRREG filing
    • Current liabilities (annual): NOK 1.27BBRREG filing
    • Current assets (annual): NOK 2.24BBRREG filing
    • Total assets (annual): NOK 3.49BBRREG filing
    • Non current liabilities (annual): NOK 518MBRREG filing
    • Net income (annual): NOK -834MBRREG filing
    • Revenue (annual): NOK 17MBRREG filing
    • Finance expense (annual): NOK 828MBRREG filing
    • Pre-tax income (annual): NOK -741MBRREG filing
    • Total operating expenses (annual): NOK 75MBRREG filing
    • Total equity & liabilities (annual): NOK 3.5BBRREG filing
    • Shareholders' equity (annual): NOK 1.71BBRREG filing
    Atomic claims from regulatory filings and derived calculations. Provenance shown as source kind only.

    The Thread

    Everything we know, in order
    2026-08-13EVENTUpcomingH1 2026 earnings (expected) estimated date
    2026-07-27 00:00 UTCTRANSCRIPTEarnings call — Q3 2026
    2026-07-27EVENTQ2 2026 earnings (expected) estimated date
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-23 00:00 UTCINSIDER5 insider transactions — 2026-06
    2026-06-23INSIDERLockhart Stephen H transacted 7.7k sh — Director
    2026-06-23INSIDERBerwick Donald M transacted 7.7k sh — Director
    2026-06-23INSIDERBhandari Parul transacted 7.7k sh — Director
    2026-06-23INSIDERNUNNELLY JOHN N transacted 7.7k sh — Director
    2026-06-23INSIDERWheeler Penny Ann transacted 7.7k sh — Director
    2026-05-21 05:23 UTCFILINGRegulatory filing →
    2026-05-13FILINGFORM 424B7 →
    2026-05-08FILINGFORM DEF 14A →
    2026-05-06FILINGFORM 10-Q →
    2026-04-28FILINGFORM 8-K →
    2026-04-28FILINGFORM 8-K →
    2026-04-20FILINGFORM 8-K →
    2026-03-12 00:00 UTCINSIDER1 insider transaction — 2026-03
    2026-03-12INSIDERRau Jason Russell transacted 60.0k sh — Executive Vice President
    2026-03-05FILINGFORM 10-K →
    2026-03-05FILINGFORM 8-K →
    2026-02-17 00:00 UTCINSIDER1 insider transaction — 2026-02
    2026-02-17INSIDERHARRISON SHANE R bought 8.0k sh — EVP & Chief Financial Officer ~$98k
    2026-02-10FILINGFORM 424B7 →
    2026-02-03FILINGFORM 8-K →
    2026-01-22 00:00 UTCINSIDER5 insider transactions — 2026-01 · net buy $139k 3 derivative
    2026-01-22INSIDERBhandari Parul acquired 8.8k sh Director Stock Option (Right to Buy) — Director
    2026-01-22INSIDERLockhart Stephen H acquired 8.8k sh Director Stock Option (Right to Buy) — Director
    2026-01-05INSIDERHays Michael D. transacted 9.1k sh — Director, Chairman ~$139k
    2026-01-05INSIDERBurik David transacted 100.0k sh — EVP, Strategic Insights
    2026-01-05INSIDERHays Michael D. disposed of 9.1k sh Employee Stock Option (right to buy) — Director, Chairman
    2025-12-29 00:00 UTCINSIDER4 insider transactions — 2025-12 · net sell $407k 1 derivative
    2025-12-29INSIDERHARRISON SHANE R transacted 21.3k sh — EVP & Chief Financial Officer ~$397k
    2025-12-15INSIDERHrdy Helen transacted 12.3k sh — EVP & Chief Operating Officer ~$188k
    2025-12-15INSIDERHrdy Helen transacted 11.2k sh — EVP & Chief Operating Officer ~$198k
    2025-12-15INSIDERHrdy Helen disposed of 12.3k sh Employee Stock Option (right to buy) — EVP & Chief Operating Officer
    2025-11-07FILINGFORM 10-Q →
    2025-10-27FILINGFORM 8-K →
    2025-10-17 00:00 UTCINSIDER3 insider transactions — 2025-10 3 derivative
    2025-10-17INSIDERBerwick Donald M acquired 22.6k sh Director Stock Option (Right to Buy) — Director
    Showing the 40 most recent of 45 entries.
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage