View Future GrowthThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNova Royalty 過去の業績過去 基準チェック /06Nova Royaltyの収益は年間平均-43.5%の割合で減少していますが、 Metals and Mining業界の収益は年間 減少しています。収益は年間2% 74.3%割合で 増加しています。主要情報-43.47%収益成長率-18.33%EPS成長率Metals and Mining 業界の成長29.18%収益成長率74.29%株主資本利益率-12.55%ネット・マージン-471.25%前回の決算情報30 Sep 2023最近の業績更新Reported Earnings • Nov 30Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.027 loss in 3Q 2022)Third quarter 2023 results: CA$0.039 loss per share (further deteriorated from CA$0.027 loss in 3Q 2022). Net loss: CA$3.65m (loss widened 58% from 3Q 2022). Revenue is forecast to grow 36% during the next year, compared to a 5.3% growth forecast for the Metals and Mining industry in Germany.Reported Earnings • Aug 16Second quarter 2023 earnings released: CA$0.031 loss per share (vs CA$0.023 loss in 2Q 2022)Second quarter 2023 results: CA$0.031 loss per share (further deteriorated from CA$0.023 loss in 2Q 2022). Net loss: CA$2.76m (loss widened 41% from 2Q 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.お知らせ • May 11Nova Royalty Corp. to Report Q1, 2023 Results on May 17, 2023Nova Royalty Corp. announced that they will report Q1, 2023 results After-Market on May 17, 2023Reported Earnings • Mar 25Full year 2022 earnings released: CA$0.093 loss per share (vs CA$0.12 loss in FY 2021)Full year 2022 results: CA$0.093 loss per share (improved from CA$0.12 loss in FY 2021). Net loss: CA$7.90m (loss narrowed 16% from FY 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe.Reported Earnings • Nov 18Third quarter 2022 earnings released: CA$0.027 loss per share (vs CA$0.021 loss in 3Q 2021)Third quarter 2022 results: CA$0.027 loss per share (further deteriorated from CA$0.021 loss in 3Q 2021). Net loss: CA$2.31m (loss widened 38% from 3Q 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.Reported Earnings • Aug 12Second quarter 2022 earnings released: CA$0.023 loss per share (vs CA$0.018 loss in 2Q 2021)Second quarter 2022 results: CA$0.023 loss per share (down from CA$0.018 loss in 2Q 2021). Net loss: CA$1.96m (loss widened 45% from 2Q 2021). Over the next year, revenue is forecast to grow 165%, compared to a 20% growth forecast for the industry in Germany.すべての更新を表示Recent updatesお知らせ • Dec 07Nova Royalty Corp. Common Shares to Be Deleted from OTC EquityNova Royalty Corp. Common Shares will be deleted from OTC Equity effective December 06, 2023, due to Acquisition /Merger /Amalgamation.Reported Earnings • Nov 30Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.027 loss in 3Q 2022)Third quarter 2023 results: CA$0.039 loss per share (further deteriorated from CA$0.027 loss in 3Q 2022). Net loss: CA$3.65m (loss widened 58% from 3Q 2022). Revenue is forecast to grow 36% during the next year, compared to a 5.3% growth forecast for the Metals and Mining industry in Germany.New Risk • Nov 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.0m free cash flow). Earnings have declined by 47% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Revenue is less than US$5m (CA$2.0m revenue, or US$1.4m). Market cap is less than US$100m (€85.7m market cap, or US$93.0m).New Risk • Oct 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.9m (US$96.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CA$7.0m). Shareholders have been diluted in the past year (10% increase in shares outstanding). Revenue is less than US$5m (CA$2.0m revenue, or US$1.4m). Market cap is less than US$100m (€91.9m market cap, or US$96.4m).お知らせ • Sep 10Metalla Royalty & Streaming Ltd. (TSXV:MTA) entered into an agreement to acquire Nova Royalty Corp. (TSXV:NOVR) from Beedie Capital and others for approximately CAD 180 million.Metalla Royalty & Streaming Ltd. (TSXV:MTA) entered into an agreement to acquire Nova Royalty Corp. (TSXV:NOVR) from Beedie Capital and others for approximately CAD 180 million on September 7, 2023. Pursuant to the transaction, Nova shareholders will receive 0.36 of a common share in the capital of Metalla per each common share in the capital of Nova held. Upon completion of the Transaction, existing Metalla and Nova shareholders would own approximately 60% and 40% of the combined company, respectively, on a fully-diluted basis. Nova will be required to pay $7.5 million (CAD 10.25 million) termination fee to Metalla under certain customary circumstances. The transaction is subject to the approval of Nova shareholders, certain approvals of the British Columbia Supreme Court, the TSXV, and of the NYSE American, the receipt of all other necessary regulatory and third party approvals, and other customary conditions. No shareholder approval is required for Metalla. The agreement has been unanimously approved by the independent members of the boards of Directors of Metalla and Nova. The transaction is expected to close in late 2023. Trinity Advisors is acting as financial advisor to the Metalla Board and the Special Committee, and BMO Capital Markets is acting as capital markets advisor to Metalla in connection with the Transaction. Osler, Hoskin & Harcourt LLP is acting as legal advisor to the Metalla Special Committee. PI Financial Corp. acted as financial advisor and fairness opinion provider to the Nova Board and the Nova Special Committee. Haywood Securities Inc. provided a fairness opinion to the Nova Special Committee. Blake, Cassels & Graydon LLP is acting as legal advisor to the Nova Special Committee and DLA Piper (Canada) LLP is acting as counsel to Nova and as transaction counsel generally. Dorsey & Whitney LLP and DLA Piper LLP (US) are acting as United States legal counsel to Metalla and Nova, respectively.New Risk • Aug 17New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CA$7.2m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CA$7.2m). Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Revenue is less than US$5m (CA$2.0m revenue, or US$1.5m).Reported Earnings • Aug 16Second quarter 2023 earnings released: CA$0.031 loss per share (vs CA$0.023 loss in 2Q 2022)Second quarter 2023 results: CA$0.031 loss per share (further deteriorated from CA$0.023 loss in 2Q 2022). Net loss: CA$2.76m (loss widened 41% from 2Q 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Revenue is less than US$5m (CA$1.9m revenue, or US$1.4m).お知らせ • May 18Nova Royalty Corp. Announces Board ResignationsNova Royalty Corp. announced changes to Board of Directors. The company has accepted the resignation of Douglas Silver, Johanna Fipke, and Andrew Greville.お知らせ • May 17+ 1 more updateNova Royalty Announces CFO ChangesNova Royalty Corp. announced that Alex Tsukernik, Chief Executive Officer ("CEO"), has left the organization effective immediately. As a result, the Company's Chief Financial Officer ("CFO") Hashim Ahmed has been appointed Interim CEO, and Bill Tsang has been appointed Interim CFO.お知らせ • May 11Nova Royalty Corp. to Report Q1, 2023 Results on May 17, 2023Nova Royalty Corp. announced that they will report Q1, 2023 results After-Market on May 17, 2023Reported Earnings • Mar 25Full year 2022 earnings released: CA$0.093 loss per share (vs CA$0.12 loss in FY 2021)Full year 2022 results: CA$0.093 loss per share (improved from CA$0.12 loss in FY 2021). Net loss: CA$7.90m (loss narrowed 16% from FY 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe.Recent Insider Transactions • Feb 20Independent Non-Executive Director recently sold €52k worth of stockOn the 14th of February, E. Tucker sold around 50k shares on-market at roughly €1.05 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €52k. Insiders have been net sellers, collectively disposing of €68k more than they bought in the last 12 months.お知らせ • Feb 14Nova Royalty Corp. Appoints Douglas Silver as Independent DirectorNova Royalty Corp. announced the addition of Douglas Silver as an independent director of the Company's Board of Directors, effective immediately. Douglas Silver has over 40 years of experience as an active professional in the metals and mining industry. He has been an exploration geologist, management consultant, mineral appraiser, M&A advisor, investor relations expert, and mine financier. Mr. Silver was a founder, CEO and Chairman of International Royalty Corporation and participated in building the world's largest mining private equity firm as a portfolio manager. Through his work with the University of Arizona's colleges of Engineering and Science and the Lowell Institute for Mineral Resources, Mr. Silver's mentorship and support of education have contributed to the careers of countless mining industry professionals. Advocacy for women's involvement at all levels of the mining industry is of particular importance for Mr. Silver, who has supported the advancement of women's rights and education in mining throughout his career. He is a member of the U.S. National Mining Hall of Fame and will be inducted into the Canadian Mining Hall of Fame in May 2023, making him one of only three people to hold both honours.Recent Insider Transactions • Jan 11Independent Non-Executive Director recently sold €52k worth of stockOn the 5th of January, E. Tucker sold around 50k shares on-market at roughly €1.05 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €49k more than they sold in the last 12 months.Reported Earnings • Nov 18Third quarter 2022 earnings released: CA$0.027 loss per share (vs CA$0.021 loss in 3Q 2021)Third quarter 2022 results: CA$0.027 loss per share (further deteriorated from CA$0.021 loss in 3Q 2021). Net loss: CA$2.31m (loss widened 38% from 3Q 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Oct 11Insider recently bought €227k worth of stockOn the 3rd of October, Ryan Beedie bought around 200k shares on-market at roughly €1.13 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €101k more in shares than they have sold in the last 12 months.Reported Earnings • Aug 12Second quarter 2022 earnings released: CA$0.023 loss per share (vs CA$0.018 loss in 2Q 2021)Second quarter 2022 results: CA$0.023 loss per share (down from CA$0.018 loss in 2Q 2021). Net loss: CA$1.96m (loss widened 45% from 2Q 2021). Over the next year, revenue is forecast to grow 165%, compared to a 20% growth forecast for the industry in Germany.Recent Insider Transactions • Apr 29Independent Non-Executive Director recently sold €83k worth of stockOn the 22nd of April, E. Tucker sold around 39k shares on-market at roughly €2.13 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €918k more than they sold in the last 12 months.Board Change • Apr 28High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Recent Insider Transactions • Mar 01Independent Non-Executive Director recently sold €69k worth of stockOn the 24th of February, E. Tucker sold around 34k shares on-market at roughly €2.02 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.0m more than they sold in the last 12 months.Board Change • Jan 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Dec 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Nov 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Aug 27Insider recently bought €674k worth of stockOn the 25th of August, Ryan Beedie bought around 303k shares on-market at roughly €2.22 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.1m more in shares than they have sold in the last 12 months.収支内訳Nova Royalty の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:NO0 収益、費用、利益 ( )CAD Millions日付収益収益G+A経費研究開発費30 Sep 232-109030 Jun 232-98031 Mar 232-87031 Dec 222-87030 Sep 222-118030 Jun 222-118031 Mar 221-107031 Dec 211-96030 Sep 210-65030 Jun 210-54031 Mar 210-43031 Dec 200-33030 Sep 200-22030 Jun 200-22031 Mar 200-11031 Dec 190-110質の高い収益: NO0は現在利益が出ていません。利益率の向上: NO0は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: NO0は利益が出ておらず、過去 5 年間で損失は年間43.5%の割合で増加しています。成長の加速: NO0の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: NO0は利益が出ていないため、過去 1 年間の収益成長をMetals and Mining業界 ( 19.2% ) と比較することは困難です。株主資本利益率高いROE: NO0は現在利益が出ていないため、自己資本利益率 ( -12.55% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/12/04 18:21終値2023/12/04 00:00収益2023/09/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Nova Royalty Corp. これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関null nullCantor Fitzgerald Canada CorporationChris ThompsonVentum Financial Corp
Reported Earnings • Nov 30Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.027 loss in 3Q 2022)Third quarter 2023 results: CA$0.039 loss per share (further deteriorated from CA$0.027 loss in 3Q 2022). Net loss: CA$3.65m (loss widened 58% from 3Q 2022). Revenue is forecast to grow 36% during the next year, compared to a 5.3% growth forecast for the Metals and Mining industry in Germany.
Reported Earnings • Aug 16Second quarter 2023 earnings released: CA$0.031 loss per share (vs CA$0.023 loss in 2Q 2022)Second quarter 2023 results: CA$0.031 loss per share (further deteriorated from CA$0.023 loss in 2Q 2022). Net loss: CA$2.76m (loss widened 41% from 2Q 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
お知らせ • May 11Nova Royalty Corp. to Report Q1, 2023 Results on May 17, 2023Nova Royalty Corp. announced that they will report Q1, 2023 results After-Market on May 17, 2023
Reported Earnings • Mar 25Full year 2022 earnings released: CA$0.093 loss per share (vs CA$0.12 loss in FY 2021)Full year 2022 results: CA$0.093 loss per share (improved from CA$0.12 loss in FY 2021). Net loss: CA$7.90m (loss narrowed 16% from FY 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe.
Reported Earnings • Nov 18Third quarter 2022 earnings released: CA$0.027 loss per share (vs CA$0.021 loss in 3Q 2021)Third quarter 2022 results: CA$0.027 loss per share (further deteriorated from CA$0.021 loss in 3Q 2021). Net loss: CA$2.31m (loss widened 38% from 3Q 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
Reported Earnings • Aug 12Second quarter 2022 earnings released: CA$0.023 loss per share (vs CA$0.018 loss in 2Q 2021)Second quarter 2022 results: CA$0.023 loss per share (down from CA$0.018 loss in 2Q 2021). Net loss: CA$1.96m (loss widened 45% from 2Q 2021). Over the next year, revenue is forecast to grow 165%, compared to a 20% growth forecast for the industry in Germany.
お知らせ • Dec 07Nova Royalty Corp. Common Shares to Be Deleted from OTC EquityNova Royalty Corp. Common Shares will be deleted from OTC Equity effective December 06, 2023, due to Acquisition /Merger /Amalgamation.
Reported Earnings • Nov 30Third quarter 2023 earnings released: CA$0.039 loss per share (vs CA$0.027 loss in 3Q 2022)Third quarter 2023 results: CA$0.039 loss per share (further deteriorated from CA$0.027 loss in 3Q 2022). Net loss: CA$3.65m (loss widened 58% from 3Q 2022). Revenue is forecast to grow 36% during the next year, compared to a 5.3% growth forecast for the Metals and Mining industry in Germany.
New Risk • Nov 15New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.0m free cash flow). Earnings have declined by 47% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (9.1% increase in shares outstanding). Revenue is less than US$5m (CA$2.0m revenue, or US$1.4m). Market cap is less than US$100m (€85.7m market cap, or US$93.0m).
New Risk • Oct 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €91.9m (US$96.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CA$7.0m). Shareholders have been diluted in the past year (10% increase in shares outstanding). Revenue is less than US$5m (CA$2.0m revenue, or US$1.4m). Market cap is less than US$100m (€91.9m market cap, or US$96.4m).
お知らせ • Sep 10Metalla Royalty & Streaming Ltd. (TSXV:MTA) entered into an agreement to acquire Nova Royalty Corp. (TSXV:NOVR) from Beedie Capital and others for approximately CAD 180 million.Metalla Royalty & Streaming Ltd. (TSXV:MTA) entered into an agreement to acquire Nova Royalty Corp. (TSXV:NOVR) from Beedie Capital and others for approximately CAD 180 million on September 7, 2023. Pursuant to the transaction, Nova shareholders will receive 0.36 of a common share in the capital of Metalla per each common share in the capital of Nova held. Upon completion of the Transaction, existing Metalla and Nova shareholders would own approximately 60% and 40% of the combined company, respectively, on a fully-diluted basis. Nova will be required to pay $7.5 million (CAD 10.25 million) termination fee to Metalla under certain customary circumstances. The transaction is subject to the approval of Nova shareholders, certain approvals of the British Columbia Supreme Court, the TSXV, and of the NYSE American, the receipt of all other necessary regulatory and third party approvals, and other customary conditions. No shareholder approval is required for Metalla. The agreement has been unanimously approved by the independent members of the boards of Directors of Metalla and Nova. The transaction is expected to close in late 2023. Trinity Advisors is acting as financial advisor to the Metalla Board and the Special Committee, and BMO Capital Markets is acting as capital markets advisor to Metalla in connection with the Transaction. Osler, Hoskin & Harcourt LLP is acting as legal advisor to the Metalla Special Committee. PI Financial Corp. acted as financial advisor and fairness opinion provider to the Nova Board and the Nova Special Committee. Haywood Securities Inc. provided a fairness opinion to the Nova Special Committee. Blake, Cassels & Graydon LLP is acting as legal advisor to the Nova Special Committee and DLA Piper (Canada) LLP is acting as counsel to Nova and as transaction counsel generally. Dorsey & Whitney LLP and DLA Piper LLP (US) are acting as United States legal counsel to Metalla and Nova, respectively.
New Risk • Aug 17New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -CA$7.2m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-CA$7.2m). Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (8.8% increase in shares outstanding). Revenue is less than US$5m (CA$2.0m revenue, or US$1.5m).
Reported Earnings • Aug 16Second quarter 2023 earnings released: CA$0.031 loss per share (vs CA$0.023 loss in 2Q 2022)Second quarter 2023 results: CA$0.031 loss per share (further deteriorated from CA$0.023 loss in 2Q 2022). Net loss: CA$2.76m (loss widened 41% from 2Q 2022). Revenue is forecast to grow 43% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
New Risk • Jul 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 52% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Revenue is less than US$5m (CA$1.9m revenue, or US$1.4m).
お知らせ • May 18Nova Royalty Corp. Announces Board ResignationsNova Royalty Corp. announced changes to Board of Directors. The company has accepted the resignation of Douglas Silver, Johanna Fipke, and Andrew Greville.
お知らせ • May 17+ 1 more updateNova Royalty Announces CFO ChangesNova Royalty Corp. announced that Alex Tsukernik, Chief Executive Officer ("CEO"), has left the organization effective immediately. As a result, the Company's Chief Financial Officer ("CFO") Hashim Ahmed has been appointed Interim CEO, and Bill Tsang has been appointed Interim CFO.
お知らせ • May 11Nova Royalty Corp. to Report Q1, 2023 Results on May 17, 2023Nova Royalty Corp. announced that they will report Q1, 2023 results After-Market on May 17, 2023
Reported Earnings • Mar 25Full year 2022 earnings released: CA$0.093 loss per share (vs CA$0.12 loss in FY 2021)Full year 2022 results: CA$0.093 loss per share (improved from CA$0.12 loss in FY 2021). Net loss: CA$7.90m (loss narrowed 16% from FY 2021). Revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe.
Recent Insider Transactions • Feb 20Independent Non-Executive Director recently sold €52k worth of stockOn the 14th of February, E. Tucker sold around 50k shares on-market at roughly €1.05 per share. This transaction amounted to 2.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €52k. Insiders have been net sellers, collectively disposing of €68k more than they bought in the last 12 months.
お知らせ • Feb 14Nova Royalty Corp. Appoints Douglas Silver as Independent DirectorNova Royalty Corp. announced the addition of Douglas Silver as an independent director of the Company's Board of Directors, effective immediately. Douglas Silver has over 40 years of experience as an active professional in the metals and mining industry. He has been an exploration geologist, management consultant, mineral appraiser, M&A advisor, investor relations expert, and mine financier. Mr. Silver was a founder, CEO and Chairman of International Royalty Corporation and participated in building the world's largest mining private equity firm as a portfolio manager. Through his work with the University of Arizona's colleges of Engineering and Science and the Lowell Institute for Mineral Resources, Mr. Silver's mentorship and support of education have contributed to the careers of countless mining industry professionals. Advocacy for women's involvement at all levels of the mining industry is of particular importance for Mr. Silver, who has supported the advancement of women's rights and education in mining throughout his career. He is a member of the U.S. National Mining Hall of Fame and will be inducted into the Canadian Mining Hall of Fame in May 2023, making him one of only three people to hold both honours.
Recent Insider Transactions • Jan 11Independent Non-Executive Director recently sold €52k worth of stockOn the 5th of January, E. Tucker sold around 50k shares on-market at roughly €1.05 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €49k more than they sold in the last 12 months.
Reported Earnings • Nov 18Third quarter 2022 earnings released: CA$0.027 loss per share (vs CA$0.021 loss in 3Q 2021)Third quarter 2022 results: CA$0.027 loss per share (further deteriorated from CA$0.021 loss in 3Q 2021). Net loss: CA$2.31m (loss widened 38% from 3Q 2021). Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
Board Change • Nov 16High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Oct 11Insider recently bought €227k worth of stockOn the 3rd of October, Ryan Beedie bought around 200k shares on-market at roughly €1.13 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €101k more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 12Second quarter 2022 earnings released: CA$0.023 loss per share (vs CA$0.018 loss in 2Q 2021)Second quarter 2022 results: CA$0.023 loss per share (down from CA$0.018 loss in 2Q 2021). Net loss: CA$1.96m (loss widened 45% from 2Q 2021). Over the next year, revenue is forecast to grow 165%, compared to a 20% growth forecast for the industry in Germany.
Recent Insider Transactions • Apr 29Independent Non-Executive Director recently sold €83k worth of stockOn the 22nd of April, E. Tucker sold around 39k shares on-market at roughly €2.13 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €918k more than they sold in the last 12 months.
Board Change • Apr 28High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Recent Insider Transactions • Mar 01Independent Non-Executive Director recently sold €69k worth of stockOn the 24th of February, E. Tucker sold around 34k shares on-market at roughly €2.02 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €1.0m more than they sold in the last 12 months.
Board Change • Jan 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Dec 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Nov 20High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Alex Tsukernik is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Aug 27Insider recently bought €674k worth of stockOn the 25th of August, Ryan Beedie bought around 303k shares on-market at roughly €2.22 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.1m more in shares than they have sold in the last 12 months.