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Nomad Royalty Company's assets doing 'tremendously well' as highlighted in 2Q earnings

Nomad Royalty Company Ltd (TSE:NSR) (OTCQX:NSRXF) CEO Vincent Metcalfe tells Proactive the new Canadian royalty and streaming company's second-quarter results was highlighted by US$6 million in revenue from a growing portfolio of assets, which he says are doing 'tremendously well.'

Metcalfe says the Montreal-based company holds a hold a portfolio of 10 royalty, streaming and gold loan assets, five of which are on producing mines. He adds the group is well funded to continue to make acquisitions in the precious metals space.

Quick facts: Nomad Royalty

Price: 1.09 CAD

Market: TSX
Market Cap: $615.33 m

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Nomad Royalty has ambitions of becoming next 'large tier mining royalty company'

Proactive Research analyst Ryan Long says Nomad Royalty Company Ltd (TSE:NSR) has a diversified portfolio of large cash flow and near-term cash flow generating mining assets. He says around 50% of its NAV currently comes from cash flow generating assets and that's expected to increase to 85% in...

on 21/9/20

2 min read