Brokers Issue Forecasts for Nomad Royalty Company Ltd.’s FY2022 Earnings (TSE:NSR)

Nomad Royalty Company Ltd. (TSE:NSRGet Rating) – Research analysts at Cormark lifted their FY2022 EPS estimates for Nomad Royalty in a research report issued to clients and investors on Wednesday, April 13th. Cormark analyst N. Dion now forecasts that the company will post earnings per share of $0.09 for the year, up from their previous estimate of $0.08.

Other equities research analysts have also recently issued reports about the company. BMO Capital Markets set a C$14.00 price target on Nomad Royalty and gave the company an “outperform” rating in a research note on Friday, January 21st. Raymond James set a C$16.00 price objective on shares of Nomad Royalty and gave the company an “outperform” rating in a research report on Thursday, February 24th. dropped their target price on shares of Nomad Royalty from C$18.00 to C$17.00 and set a “na” rating on the stock in a research report on Thursday, December 16th. Finally, Stifel Nicolaus restated a “buy” rating and set a C$21.00 price target on shares of Nomad Royalty in a research note on Thursday, February 10th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, Nomad Royalty has a consensus rating of “Buy” and a consensus target price of C$13.75.

Shares of NSR opened at C$10.25 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.88 and a debt-to-equity ratio of 27.07. The firm has a market cap of C$629.93 million and a PE ratio of -277.03. Nomad Royalty has a 12 month low of C$7.34 and a 12 month high of C$12.00. The stock has a fifty day moving average price of C$9.00 and a 200-day moving average price of C$8.99.

Nomad Royalty (TSE:NSRGet Rating) last released its quarterly earnings results on Tuesday, February 22nd. The company reported C($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.04 by C($0.07). The business had revenue of C$8.55 million for the quarter.

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Investors of record on Thursday, March 31st were issued a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a $0.20 annualized dividend and a yield of 1.95%. Nomad Royalty’s dividend payout ratio (DPR) is presently -427.97%.

About Nomad Royalty (Get Rating)

Nomad Royalty Company Ltd. operates as a gold and silver royalty company that purchases rights to the gold or silver produced from a mine. It owns a portfolio of 10 royalty, stream, and gold loan assets. The company is based in Montreal, Canada.

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