Taylor Dart zu Nomad:
Nomad Royalty: Blyvoor And Moss Should Drive Strong Revenue Growth In FY2021
Summary
- Nomad Royalty released its Q4 and FY2020 results last week, reporting quarterly attributable production of ~3,600 GEOs in Q4 alone.
- Looking ahead, the company should enjoy one of the strongest attributable production growth rates in the sector, with gold-equivalent ounces earned expected to come in closer to 25,000 in FY201.
- This should translate to a sharp increase, when combined with higher metals prices year-over-year, making the stock very reasonable at barely 11x sales.
- Given the strong growth profile here and peer-leading dividend yield of nearly ~2.0%, I would view any pullbacks below US$0.72 as low-risk buying opportunities.
https://seekingalpha.com/artic…-revenue-growth-in-fy2021