Analysts Offer Predictions for Nomad Royalty Company Ltd.’s Q3 2022 Earnings (TSE:NSR)

Nomad Royalty Company Ltd. (TSE:NSRGet Rating) – Research analysts at Raymond James reduced their Q3 2022 EPS estimates for Nomad Royalty in a research note issued to investors on Tuesday, April 19th. Raymond James analyst B. Macarthur now forecasts that the company will earn $0.04 per share for the quarter, down from their previous estimate of $0.06. Raymond James currently has a “Outperform” rating and a $16.00 target price on the stock. Raymond James also issued estimates for Nomad Royalty’s Q4 2022 earnings at $0.05 EPS, FY2022 earnings at $0.16 EPS, Q1 2023 earnings at $0.05 EPS, Q2 2023 earnings at $0.05 EPS, Q3 2023 earnings at $0.05 EPS and Q4 2023 earnings at $0.06 EPS.

Nomad Royalty (TSE:NSRGet Rating) last announced its quarterly earnings data on Tuesday, February 22nd. The company reported C($0.03) earnings per share for the quarter, missing the consensus estimate of C$0.04 by C($0.07). The company had revenue of C$8.55 million during the quarter.

A number of other analysts also recently issued reports on the company. Stifel Nicolaus reiterated a “buy” rating and set a C$21.00 price target on shares of Nomad Royalty in a research report on Thursday, February 10th. BMO Capital Markets set a C$14.00 price target on Nomad Royalty and gave the company an “outperform” rating in a research report on Friday, January 21st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$13.75.

Shares of NSR opened at C$10.24 on Thursday. Nomad Royalty has a fifty-two week low of C$7.34 and a fifty-two week high of C$12.00. The business has a 50-day moving average of C$9.15 and a 200 day moving average of C$9.06. The company has a debt-to-equity ratio of 27.07, a quick ratio of 0.88 and a current ratio of 1.05. The firm has a market cap of C$629.32 million and a P/E ratio of -269.47.

The business also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Shareholders of record on Thursday, March 31st were paid a $0.05 dividend. The ex-dividend date of this dividend was Wednesday, March 30th. This represents a $0.20 dividend on an annualized basis and a yield of 1.95%. Nomad Royalty’s dividend payout ratio (DPR) is currently -416.71%.

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.

Further Reading

Earnings History and Estimates for Nomad Royalty (TSE:NSR)

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