NRC Shows Internal Confidence with Insider Buying Nations Royalty Corp. (Ticker: NRC.v or NRYCF in the US) has garnered attention recently due to insider buying activity, signaling positive sentiment from within the company.
Nations Royalty partners with First Nations across Canada to secure royalty interests and income streams from major resource projects on their lands. The company’s focus on economic reconciliation and capacity building within Indigenous communities is central to its mission.
By involving these groups in public markets and resource developments, NRC aims to foster long-term economic growth for Indigenous partners while generating sustainable revenue.
Nations Royalty holds royalty interests in several notable resource projects, including the Brucejack Gold Mine, KSM Copper-Gold-Silver-Molybdenum Deposit, Premier Gold Project, Red Mountain Gold Deposit, and the Kitsault Molybdenum Deposit. These assets serve as the foundation for the company's long-term strategy.
Nations Royalty’s business model, combined with ongoing insider investment and a growing portfolio of resource projects, positions it as a key player in both the resource and Indigenous economic development sectors.
Over the past year, Nations Royalty’s Chief Investment Officer, Derrick Pattenden, made the largest insider purchase, investing CA$250,000 in shares at a price of CA$0.91 each. This was notably above the current share price of CA$0.76, suggesting optimism about the company’s long-term value.
Over the last 12 months, there have been no insider sales, indicating that leadership is holding onto their shares. Furthermore, in the most recent quarter, insiders collectively invested an additional CA$54,000 in the company, adding to the confidence building around NRC’s prospects.
Insider ownership, an important indicator of alignment between company leadership and shareholders, shows that insiders hold CA$3.2 million worth of stock, representing 2.8% of the company, reflecting meaningful participation from the company's executives.
More: https://ca.finance.yahoo.com/news/several-insiders-invested-nations-royalty-133038781.html
Posted on behalf of Nations Royalty Corp.