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Nova Royalty Corp
XTSX:NOVR

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Nova Royalty Corp Logo
Nova Royalty Corp
XTSX:NOVR
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Price: 1.49 CAD -1.97% Market Closed
Updated: Mar 28, 2024

Intrinsic Value

NOVR's intrinsic value estimate is unreliable because it is based only on its multiples and doesn't use a DCF valuation.

Nova Royalty Corp. engages in the acquisition of copper and nickel metal mining properties. [ Read More ]

The intrinsic value of one NOVR stock under the Base Case scenario is 0.08 CAD. Compared to the current market price of 1.49 CAD, Nova Royalty Corp is Overvalued by 95%.

Key Points:
NOVR Intrinsic Value
Base Case
0.08 CAD
Overvaluation 95%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Valuation Backtest
Nova Royalty Corp

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Fundamental Analysis

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Financials

Balance Sheet Decomposition
Nova Royalty Corp

Current Assets 3.7m
Cash & Short-Term Investments 2.3m
Receivables 1.1m
Other Current Assets 326.8k
Non-Current Assets 92.2m
PP&E 92.2m
Other Non-Current Assets 10
Current Liabilities 1.6m
Accounts Payable 618.6k
Other Current Liabilities 993k
Non-Current Liabilities 13.9m
Long-Term Debt 13.9m
Efficiency

Earnings Waterfall
Nova Royalty Corp

Revenue
2m CAD
Cost of Revenue
-1.5m CAD
Gross Profit
489.7k CAD
Operating Expenses
-7.6m CAD
Operating Income
-7.1m CAD
Other Expenses
-1.8m CAD
Net Income
-8.9m CAD

Free Cash Flow Analysis
Nova Royalty Corp

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
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Fundamental Scores

NOVR Profitability Score
Profitability Due Diligence

Nova Royalty Corp's profitability score is 26/100. The higher the profitability score, the more profitable the company is.

26/100
Profitability
Score

Nova Royalty Corp's profitability score is 26/100. The higher the profitability score, the more profitable the company is.

NOVR Solvency Score
Solvency Due Diligence

Nova Royalty Corp's solvency score is 71/100. The higher the solvency score, the more solvent the company is.

High Altman Z-Score
Long-Term Solvency
Low D/E
Short-Term Solvency
71/100
Solvency
Score

Nova Royalty Corp's solvency score is 71/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

NOVR Price Targets Summary
Nova Royalty Corp

Wall Street analysts forecast NOVR stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for NOVR is 1.75 CAD .

Lowest
Price Target
Not Available
Average
Price Target
1.75 CAD
17% Upside
Highest
Price Target
Not Available
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Shareholder Return

NOVR Price
Nova Royalty Corp

1M 1M
-
6M 6M
+3%
1Y 1Y
-1%
3Y 3Y
-62%
5Y 5Y
+19%
10Y 10Y
+19%
Annual Price Range
1.49
52w Low
1.31
52w High
1.89
Price Metrics
Average Annual Return 96.88%
Standard Deviation of Annual Returns 174.13%
Max Drawdown -78%
Shares Statistics
Market Capitalization 136.8m CAD
Shares Outstanding 91 941 800
Percentage of Shares Shorted 0.04%

NOVR Return Decomposition
Main factors of price return

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Company Profile

Nova Royalty Corp Logo
Nova Royalty Corp

Country

Canada

Industry

Metals & Mining

Market Cap

136.8m CAD

Dividend Yield

0%

Description

Nova Royalty Corp. engages in the acquisition of copper and nickel metal mining properties. The company is headquartered in Vancouver, British Columbia and currently employs 1 full-time employees. The company went IPO on 2020-10-01. The firm is focused on providing investors with exposure to the building blocks of clean energy copper and nickel. Its royalty portfolio includes the Taca Taca, NuevaUnion, West Wall, Dumont, Vizcachitas and Twin Metals. Taca Taca Copper-Gold-Molybdenum project is located in Salta Province, Argentina. NuevaUnion Copper-Gold with Molybdenum credits is located in Huasco Region, North-Central Chile. West Wall Copper-Gold-Molybdenum project is located in Valparaiso Region, Chile. Dumont Nickel-Cobalt project is located in Abitibi Mining Camp, Quebec, Canada. Vizcachitas Copper-Molybdenum project is located in Valparaiso Region, Chile. Twin Metals Copper-Nickel-Platinum Group Metals project is located in Minnesota, United States of America. The company also owns Rosemont project, a copper development project in Pima County, Arizona, in the United States.

Contact

BRITISH COLUMBIA
Vancouver
Suite 501, 543 Granville Street
+16046964241.0
https://www.novaroyalty.com/

IPO

2020-10-01

Employees

1

Officers

Pres, CEO & Director
Mr. Alexander Tsukernik CFA
Chief Financial Officer
Mr. William Tsang C.A., CPA, CA, CPA
VP of Corp. Devel. & Strategy
Mr. Brian Anthony Ferrey
Chief Technical Advisor
Dr. Parviz Farsangi M.Eng., MBA, P.Eng, Ph.D.
VP of Investor Relations
Mr. Greg DiTomaso
Consultant
Mr. Robert Leckie
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Corp. Sec.
Ms. Kim Charisse Casswell
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See Also

Discover More
What is the Intrinsic Value of one NOVR stock?

The intrinsic value of one NOVR stock under the Base Case scenario is 0.08 CAD.

Is NOVR stock undervalued or overvalued?

Compared to the current market price of 1.49 CAD, Nova Royalty Corp is Overvalued by 95%.