PRECIOUS METALS

Nomad upbeat on prelims

Royalty company gold, silver deliveries and sales surpass analyst estimates

Rebecca Meeson-Frizelle
Nomad Royalty Company has a silver stream on production from Premier Gold's Mercedes mine in northwest Mexico

Nomad Royalty Company has a silver stream on production from Premier Gold's Mercedes mine in northwest Mexico

Preliminary revenue for the quarter was US$6.8 million. 
 
The haul was made up of roughly 900oz of gold from the Premier Gold prepay loan, 1,800oz of gold from royalty and stream interests, and 64,600oz of silver from stream interests.
 
Investment bank BMO said the results were about 9% richer than its expectations and said earnings per share would rise.
 
The company also reported on the progress of other non-producing assets, including timings of initial contributions from the Robertson deposit (Nevada) - in 2025 - and the Blyvoor deposit (South Africa) - imminent. 

 

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