Nomad Royalty — Peterson Capital

Nomad Royalty Media Hits

May 2022

May 30:
Sandstorm Gold Makes Two Major Acquisitions – Stocks
Additional coverage of Sandstorm's acquisition of Nomad

Analysts Set Nomad Royalty Company Ltd. (TSE:NSR) Price Target at C$15.06
Nomad has an average PT of $15.06

Nomad Royalty Company Ltd. (TSE:NSR) Given Average Rating of “Buy” by Analysts
Nomad has an average rating of buy from analysts

May 27:
Analysts Set Nomad Royalty Company Ltd. (TSE:NSR) Target Price at C$15.06
Analysts have given Nomad a PT of $15.06
Nomad Royalty Company Ltd. (TSE:NSR) Receives Average Rating of “Buy” from Brokerages
Nomad has been given an average rating of buy from brokerages

May 25:
Sandstorm Gold: The $1.1 Billion Transactions That Take It To New Heights
Coverage stating that Sandstorm's acquisition of Nomad will take them to new heights

May 24:
Nomad Royalty Company Ltd. (TSE:NSR) Receives Average Recommendation of “Buy” from Analysts
Coverage stating that Nomad has an average rating of buy from analysts

May 19:
Thematic: Hedging with Gold
Coverage stating that in a bull scenario Nomad/Sandstorm would have a PT of $18.50

May 16:
Sandstorm Gold Royalties confident on $1.1bn deals
Coverage stating that Sandstorm is confident about their acquisition of Nomad

May 13:
Nomad Royalty (TSE:NSR) Price Target Cut to C$14.75 by Analysts at Raymond James
RJ has lowered their PT to Nomad to $14.75

May 12:
Nomad Royalty Company Ltd. to Post FY2022 Earnings of $0.12 Per Share, Cormark Forecasts (TSE:NSR)
Cormark is forecasting that Nomad will post an EPS of $0.12

Sandstorm Gold Royalties Announces Record 2022 First Quarter Results
Additional coverage of Sandstorm's acquisition of Nomad

Analysts Set Expectations for Nomad Royalty Company Ltd.’s FY2023 Earnings (TSE:NSR)
Coverage breaking down how analysts have rated Nomad

May 11:
Raymond James Lowers Nomad Royalty (TSE:NSR) Price Target to C$14.75
RJ has lowered their PT to Nomad to $14.75

Nomad Royalty (OTCMKTS:NSRXF) Lifted to C- at TheStreet
The Street has given Nomad a C- rating

May 10:
Gold SWOT: Nomad Royalty announced a friendly acquisition by sandstorm gold this week
Additional coverage citing that Sandstorm has acquired Nomad

Nomad Royalty (TSE:NSR) Price Target Lowered to C$14.75 at Raymond James
Additional coverage stating that RJ has lowered Nomad's PT

May 09:
Nomad Royalty Company Ltd. (NSR) To Go Ex-Dividend on June 29th
Nomad will go ex-dividend on June 29th

3 TSX Gold Stocks to Buy to Protect Against a Market Crash
Coverage stating that Nomad is a top 3 TSX gold stock to protect against the market crashing

Nomad Royalty Company Ltd. Announces Quarterly Dividend of $0.05 (TSE:NSR)
Nomad has announced a dividend of $0.05

Nomad Royalty (TSE:NSR) Given a C$16.00 Price Target by Raymond James Analysts
RJ has given Nomad a PT of $16

Nomad Royalty (TSE:NSR) Announces Earnings Results, Hits Expectations
Nomad has posted their earnings, announcing that they have met expectations

Nomad Royalty (TSE:NSR) PT Lowered to C$10.75 at Cormark
Cormark has lowered Nomad's PT to $10.75

May 06:
Cormark Cuts Nomad Royalty (TSE:NSR) Price Target to C$10.75
Cormark has cut Nomad's PT to $10.75

Nomad earns $2.74-million (U.S.) in Q1 2022
Nomad earned $2.75 million in Q1

Nomad Royalty Company declares CAD 0.05 dividend
Nomad has announced a dividend of $0.05

Nomad Royalty (TSE:NSR) PT Set at C$16.00 by Raymond James
Rj has given Nomad a PT of $16

NOMAD ROYALTY ANNOUNCES FRIENDLY ACQUISITION BY SANDSTORM GOLD
Additional coverage of Sandstorm's acquisition of Nomad

Nomad Royalty’s (NSR) “Tender” Rating Reiterated at Haywood Securities
Haywood has reafirrmed their tender rating for Nomad

May 05:
Brokerages Set Nomad Royalty Company Ltd. (TSE:NSR) Target Price at C$14.03
Nomad has an average PT of $14.03

Nomad Royalty (TSE:NSR) PT Set at C$16.00 by Raymond James
Rj has given Nomad a PT of $16

Nomad Royalty (TSE:NSR) Receives Tender Rating from Haywood Securities
Nomad has been given a tender rating from Haywood

Sandstorm Gold signs pair of acquisitions worth combined US$1.1-billion
Globe and Mail coverage stating that Nomad is going to be acquired for $590 million

May 02:
Does Nomad Royalty Company Ltd (NSR) Have What it Takes to be in Your Portfolio Monday?
Coverage evaluating if Nomad is worth adding to your portfolio

Nomad Royalty Company Ltd. (TSE:NSR) Receives Average Rating of “Buy” from Analysts
Nomad has a consensus rating of buy from analysts

Sandstorm Gold Agrees To Acquire Nomad Royalty For C$755M
Coverage stating that Sandstorm is buying Nomad

April 2022

April 28:
Nomad Royalty Company Ltd. Expected to Earn Q1 2022 Earnings of $0.04 Per Share (TSE:NSR)
Nomad is expected to post an EPS of $0.04

April 27:
Here's Why Nomad Royalty Company Ltd. (NSR) Could be Great Choice for a Bottom Fisher
Coverage stating that Nomad's stock has struggled over the last week but could be set to reverse the trend

Can Nomad Royalty Company Ltd. (NSR) Climb 113% to Reach the Level Wall Street Analysts Expect?
Coverage stating that there is growing optimism about Nomad and that is is an upside to the stock

Nomad Royalty Company Ltd. Forecasted to Earn Q1 2022 Earnings of $0.04 Per Share (TSE:NSR)
Nomad is expected to post an EPS of $0.04

Nomad Royalty Company Ltd. (TSE:NSR) Given Average Rating of “Buy” by Brokerages
Nomad has been given a consensus rating of buy from brokerages

Will silver stocks shine in 2022?
Coverage stating that Nomad is an great stock as the foundation of a portfolio that has modest growth potential

April 26:

Nomad Royalty (TSE:NSR) Given New C$16.00 Price Target at Canaccord Genuity Group
Additional coverage stating that Canaccord has increased Nomad's PT to $16

April 25:
Canaccord Genuity Group Raises Nomad Royalty (TSE:NSR) Price Target to C$16.00
Canaccord has increased Nomad's PT to $16

Nomad Royalty Company Ltd. (TSE:NSR) Expected to Earn Q1 2022 Earnings of $0.05 Per Share
Nomad is expected to post an EPS of $0.05

Analysts Offer Predictions for Nomad Royalty Company Ltd.’s Q1 2022 Earnings (TSE:NSR)
Coverage breaking down how analysts have rated Nomad

April 21:
Nomad Royalty Company Ltd (NSR:CN) (NSRXF) PT Raised to Cdn$16 at Canaccord Genuity
Canaccord has increased Nomad's PT to $16

Q3 2022 EPS Estimates for Nomad Royalty Company Ltd. (TSE:NSR) Lowered by Raymond James
RJ has lowered their EPS forecast for Nomad

April 21:
Nomad Royalty (OTCMKTS:NSRXD) Trading 0.6% Higher
Coverage stating that Nomad was up 0.6%

April 20:
Is Nomad Royalty Company Ltd (NSR) The Right Choice in Other Precious Metals & Mining?
Coverage stating that Nomad performs better than 81% of the market

April 19:
Nomad Royalty Company Ltd. (TSE:NSR) Forecasted to Post FY2022 Earnings of $0.09 Per Share
Nomad is forecasted to post an EPS of $0.09

Gold SWOT: Shareholders reap the rewards after high commodity prices boost mining profits
Coverage stating that Nomad reported a strong Q1 for 2022

April 14:
Wednesday’s analyst upgrades and downgrades
Globe and Mail coverage stating that Scotia has upgraded Nomad to sector outperform

Nomad Royalty (OTCMKTS:NSRXF) Trading Up 1.7%
Coverage stating that Nomad was up 1.7%

Nomad Royalty: Buy The Dips
Coverage stating that any pullback in Nomad's stock price would be a good time to buy

April 13:
Nomad wanders 'a bit' below expectations in Q1
Coverage stating that Nomad's Q1 results were a bit below expectations

Nomad Royalty Company reports preliminary revenue attributable to company of US$12.7 million in first quarter
Nomad has announced that they had $12.7 million in revenue for Q1

Canaccord and Stifel GMP upbeat on Nomad Royalty after strong first quarter numbers
Coverage stating that both Canaccord and Stifel are upbeat about Nomad after their Q1 results

Stifel Canada Reiterates Buy Rating on Nomad Royalty Company Ltd (NSR:CN) (NSRXF)
Stifel has given Nomad a buy rating

Nomad Royalty – A Review Of A Solid 2021, Great Start In Q1 Of 2022, And Royalty Partner Updates
Nomad's CEo was a guest on Ker Report to discuss the company and their results from 2021

April 12:
Les livraisons de métaux de Nomad Royalty Company au premier trimestre augmentent de 18 %.
French coverage stating that Nomad's first quarter shipments increased 18%

Nomad estimates Q1 deliveries at 6,604 oz AuEq
Nomad is forecasting 6,604 oz of AuEq for Q1

NOMAD ANNOUNCES PRELIMINARY Q1 2022 DELIVERIES AND PROVIDES ASSET UPDATES
Nomad has announced their Q1 deliverables

Nomad Royalty (OTCMKTS:NSRXF) Trading Up 1.7%
Coverage stating that Nomad was up 1.7%

April 11:
Nomad Royalty Company Ltd. (TSE:NSR) Given Average Recommendation of “Buy” by Brokerages
Nomad has been given a "buy" rating from brokerages

Galiano Gold: Cheap, But For A Reason
Coverage calling Nomad a great growth story

April 08:
Is Nomad Royalty Company Ltd (NSR) the Top Pick in the Other Precious Metals & Mining Industry?
Coverage stating that Nomad's stock score is better than 75% of the market

April 07:
Nomad Royalty Company Ltd. (TSE:NSR) Receives C$13.75 Average Price Target from Brokerages
Nomad has been given a PT of $13.75 from brokerages

April 06:
Royalty and Streaming Co. Has 'Decent' Q4/21
Coverage stating that Nomad has a "decent" Q4 2021

5 Basic Materials Stocks Under $10 Wall Street Predicts Will Skyrocket
Coverage stating that Nomad is a stock that wall street is betting will skyrocket

Tuesday’s analyst upgrades and downgrades
Globe and Mail coverage stating that Canaccord forecasts strong growth for Nomad

April 05:
Royalty and Streaming Co. Has 'Decent' Q4/21 Research Report
Coverage stating that Hayword managed one of Nomad's public offerings

April 04:
Analysts Set Nomad Royalty Company Ltd. (TSE:NSR) Price Target at C$13.75
Analysts have set Nomad's PT at $13.75

Nomad Royalty Company Ltd. (TSE:NSR) Receives Average Rating of “Buy” from Analysts
Nomad has been given an average rating of buy from analysts

April 01:
Is Nomad Royalty Company Ltd (NSR) the Top Pick in the Other Precious Metals & Mining Industry?
Coverage stating that Nomad's stock is a strong buy

March 2022

March 30:
Nomad Royalty Company Ltd. (TSE:NSR) to Issue $0.05 Quarterly Dividend
Nomad has announced a dividend of $0.05

March 29:
Nomad Royalty Company Ltd. (NSR) to Issue Quarterly Dividend of $0.05 on April 14th
Nomad has announced a dividend of $0.05

EMX Royalty: A Reasonable Valuation Despite Cukaru Peki Uncertainty
Coverage that compares EMX to Nomad

March 25:
3 Gold Miners to Buy With Raging Inflation, Geopolitical Tensions
Coverage stating that Nomad is a top three gold mine stock to buy with rising inflation

March 23:
Analysts Are Recommending These 10 Commodity Stocks
Nomad is listed as a top ten commodity stock that analysts are saying investors should buy

March 18:
5 Basic Materials Stocks Under $10 Wall Street Predicts Will Skyrocket
Coverage stating that Nomad is a basic materials stock that is expected to soar

March 16:
Nomad Royalty: Where Growth Meets Value
Coverage stating that Nomad is a strong buy

March 15:
Brokerages Set Nomad Royalty Company Ltd. (TSE:NSR) PT at C$13.75
Brokerages have given Nomad a PT of $13.75

March 14:
Nomad Royalty Company Ltd. (TSE:NSR) Receives C$13.75 Average PT from Analysts
Nomad has been given a PT of $13.75 from analysts

New Gold: A Much Better Year Ahead For Rainy River
Coverage stating that Nomad's stock trades at a meaningful margin of safety

March 10:
Nomad Royalty Company Ltd (NSR) Is the Top Stock in the Other Precious Metals & Mining Industry?
Coverage stating that Nomad is the top rated stock in the Other Precious Metals & Mining category with a score of 70

Nomad Royalty Company Ltd. (TSE:NSR) Receives C$13.75 Average Target Price from Brokerages
Brokerages have set Nomad's PT at $13.75

March 9:
Nomad Royalty (OTCMKTS:NSRXD) Trading 0.6% Higher
Coverage stating that Nomad was up 0.6% yesterday

March 8:
Royalty round-up: The sector comes roaring back
Coverage stating that Nomad was the worst performing mid-tier for the second month in a row

Precious Metals Royalty And Streaming Companies: The February Report
Coverage stating that Nomad's sales were down Q4 but up 10% year over year

Nomad Royalty Company Ltd. (TSE:NSR) Given Consensus Rating of “Buy” by Brokerages
Nomad has been given a consensus "buy" rating from brokerages

February 2022

February 28:
Raymond James Analysts Give Nomad Royalty (TSE:NSR) a C$16.00 Price Target
RJ has given Nomad a PT of $16

Nomad Royalty Company Ltd. to Post FY2022 Earnings of $0.08 Per Share, Cormark Forecasts (TSE:NSR)
Nomad is forecasted to post an EPS of $0.08

February 25:
Nomad Royalty Company Ltd. (NSR) To Go Ex-Dividend on March 30th
Nomad will go ex-dividend on March 30

Le début d’une vague d’inscriptions au TSX?
French coverage stating that Nomad is one of 5 Quebec based companies listed on the TSX in 2020

Nomad Royalty Company Ltd. (TSE:NSR) to Post Q1 2022 Earnings of $0.04 Per Share, Raymond James Forecasts
RJ is forecasting that Nomad will post an EPS of $0.04

February 24:
Nomad Royalty Company Ltd. Declares Quarterly Dividend of $0.05 (TSE:NSR)
Nomad has announced a dividend of $0.05

February 23:
Nomad Royalty announces Q4 and 2021 preliminary results
Nomad has announced their q4 and 2021 results

Nomad Royalty Company declares CAD 0.05 dividend
Nomad has announced a dividend of $0.05

Nomad Royalty Down 2% in Canada Trading as Swings to Q4 Loss
Coverage stating that Nomad was down 2% in response to their Q4 loss

Nomad Royalty prepares investors for higher 2022 royalties and stream sales as it lauds 2021 as "a transformative year”
Coverage stating that Nomad is planning on increasing royalties and stream sales in 2022

February 22:
Raymond James Reaffirms Outperform Rating for Nomad Royalty (TSE:NSR)
RJ has reaffirmed Nomad's outperform rating

Raymond James Reiterates “C$16.00” Price Target for Nomad Royalty (TSE:NSR)
RJ has reiterated their $16 PT for Nomad

February 18:
Nomad Royalty Company Ltd. (TSE:NSR) Given Consensus Recommendation of “Buy” by Brokerages
Nomad has been given a consensus rating of "buy" from brokerages

February 16:
Nomad Royalty Company Ltd. (TSE:NSR) Given Consensus Recommendation of “Buy” by Brokerages
Nomad has been given a consensus rating of "buy" from brokerages

February 15:
Nomad Royalty (OTCMKTS:NSRXD) Trading Up 0.6%
Coverage stating that Nomad was up yesterday

February 14:
3 Gold Miners To Buy as Inflation Rage Higher
Coverage listing Nomad as a top 3 gold mining company to buy to hedge against inflation

Brokerages Set Nomad Royalty Company Ltd. (TSE:NSR) Target Price at C$13.75
Brokerages have set Nomad's PT to $13.75

Nomad Royalty (TSE:NSR) Receives Buy Rating from Stifel Nicolaus
Stifel has given Nomad a "buy" rating

February 11:
Nomad Royalty’s (NSR) “Buy” Rating Reaffirmed at Stifel Nicolaus
Stifel has reaffirmed Nomad's "buy" rating

Nomad Royalty Company Ltd. (TSE:NSR) Given Average Recommendation of “Buy” by Brokerages
Nomad has an average rating of "buy" from brokerages

Nomad Royalty Company Ltd. (TSE:NSR) Given Consensus Rating of “Buy” by Analysts
Nomad has a consensus "buy" rating from analysts

February 9:
Tuesday’s analyst upgrades and downgrades
Globe and Mail coverage stating that Nomad's PT was lowered

#Gold Royalties Where to Find these Tasty Investments $FNV, $WPM, $TFPM
Nomad is listed as one of the top royalty companies, listed at #8

February 8:
Maritime Resources Reveals Closing of Asset Sale Transaction With Nomad Royalty
Nomad's asset transaction with Maritime has closed

February 4:
Nomad Royalty : To Participate In Virtual Roadshow Series To Be Held During The Month Of February
Additional coverage stating that Nomad is participating in the virtual roadshow

February 3:
Nomad Royalty Company To Participate In Virtual Roadshow Series To Be Held During The Month Of February
Nomad is going to participate in a virtual road show in February

January 2022

January 28:
Short sales on the TSX: Canadian banks and large-cap energy stocks are among the biggest targets of bearish investors
Globe and Mail coverage stating that Nomad is one of 50 Canadian stocks with short squeeze potential

January 26:
Equities Analysts Offer Predictions for Nomad Royalty Company Ltd.’s FY2021 Earnings (TSE:NSR)
RJ analysts are forecasting that Nomad will post an EPS of $0.04 for 2022

January 25:
Nomad Royalty (TSE:NSR) Given a C$14.00 Price Target by BMO Capital Markets Analysts
BMO has given Nomad a PT of $14

January 24:
Friday’s analyst upgrades and downgrades
Globe and Mail coverage stating that Nomad's PT has been slightly lowered

Maritime closes asset sale to Nomad Royalty
Nomad's asset agreement with Maritime has closed

Raymond James Trims Nomad Royalty (TSE:NSR) Target Price to C$16.00
RJ has cut Nomad's PT to $16

BMO Capital Markets Analysts Give Nomad Royalty (TSE:NSR) a C$14.00 Price Target
BMO has given Nomad a PT of $14

January 21:
NOMAD ROYALTY COMPANY ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED C$42.5 MILLION BOUGHT DEAL FINANCING
Nomad has announced the closing of their $45 million bought deal

January 19:
Nomad Royalty: Growth At A Very Reasonable Price
Coverage stating that Nomad is a great growth stock at a reasonable price

January 18:
Nomad Royalty (NSR.TO) Raises $40 Million as Gold Strengthens on Record Inflation
Coverage stating that Nomad has raised an additional $40 million as inflation concerns have strengthened gold

January 17:
3 Miners to Pick Up Now With 7% Inflation
Coverage stating that Nomad is a great stock to buy in light of record high inflation

Nomad Royalty (NSR.T) (NSR.NYSE) closes $95 million deal with Greenstone Gold Mines
Additional coverage stating that Nomad has closed their deal with Greenstone

January 13:
Wednesday’s small-cap stocks to watch
Globe and Mail coverage listing Nomad as a small cap stock to watch

Nomad Royalty Shares Drop 10% After Financing Deal
Coverage stating that Nomad's stock fell 10% in response to their financing deal announcement

January 12:
Wednesday’s small-cap stocks to watch
Globe and Mail coverage citing Nomad's $40 million bought deal

Nomad Royalty Company Announces C$40 Million Bought Deal Financing
Nomad has announced a $40 million bought deal

January 7:
Royalty Round up, December 2021: Juniors had a long December but a fantastic 2021
Coverage stating that Nomad was one of the top performing mid tiers in December

January 4:
Nomad Royalty (OTCMKTS:NSRXF) Downgraded by TheStreet to “D”
TheStreet has downgraded Nomad to a "D"

December 2021

December 17:
Stifel Canada Reiterates Buy Rating on Nomad Royalty Company Ltd (NSR:CN) (NSR)
Stifel has reiterated their "buy" rating for Nomad

Nomad Royalty (TSE:NSR) Given New C$17.00 Price Target at Canaccord Genuity
Canaccord has given Nomad a new PT at $17

Raymond James Lowers Nomad Royalty (TSE:NSR) Price Target to C$17.00
RJ has lowered Nomad's PT to $17

Thursday’s analyst upgrades and downgrades
Globe and Mail coverage stating that despite having their PT lowered, Nomad is still seen as a buy and has been given an outperform rating

December 16:
Nomad Royalty closes Greenstone gold stream
Additional coverage stating that Nomad has closed their Greenstone gold stream

Nomad Royalty Company Ltd (NSR:CN) (NSR) PT Lowered to Cdn$14 at Cantor Fitzgerald, Following Mining Business Update
Cantor Fitzgerald has lowered their PT for Nomad to $14

Nomad Royalty pays first US$13.3M under Greenstone gold deal and updates on the asset portfolio
Nomad has made its first deposit of US$13.3 million under the previously announced gold stream deal with Orion Mine Finance

December 15:
Nomad Royalty Company Ltd. Expected to Post FY2021 Earnings of $0.03 Per Share (TSE:NSR)
Additional coverage stating that Nomad is expected to post an EPS of $0.03

NOMAD ANNOUNCES CLOSING OF GREENSTONE GOLD STREAM, PROVIDES ASSET UPDATES AND ANNOUNCES TIMELINE FOR 2022 GUIDANCE
Nomad has announced the closing of their Greenstone Gold stream

December 14:
NA Proactive news snapshot: Mobilum Technologies, Mountain Boy Minerals, Looking Glass Labs, Altiplano Metals UPDATE ...
Additional coverage stating that Nomad is participating in Renmark's non-deal roadshow

Nomad Royalty Company Ltd. (TSE:NSR) to Post FY2021 Earnings of $0.03 Per Share, Cormark Forecasts
Cormark is forecasting that Nomad will post an EPS of $0.03

December 13:
Canaccord Genuity Increases Nomad Royalty (TSE:NSR) Price Target to C$18.00
Additional coverage stating that Canaccord has upgraded Nomad's PT to $18

Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Receives Average Rating of “Buy” from Analysts
Nomad has been given a consensus rating of "buy" from analysts

NOMAD ROYALTY COMPANY TO PARTICIPATE IN RENMARK'S VIRTUAL NON-DEAL ROADSHOW SERIES ON MONDAY, DECEMBER 13 AND WEDNESDAY, DECEMBER 15, 2021
Nomad is participating in Renmark's non-deal virtual roadshow this week

December 10:
Thursday’s analyst upgrades and downgrades
Globe and Mail coverage stating that analysts have boosted Nomad's PT after the company's Platreef announcement

Kamoa-Kakula Phase 2 Expansion Now 70% Complete, on Track for Early Start-up in Q2 2022
Additional coverage citing Nomad's stream financing agreement with Ivanhoe

Raymond James Increases Nomad Royalty (TSE:NSR) Price Target to C$17.50
RJ has increased Nomad's PT to $17.50

Stifel raises Nomad Royalty price target to C$21.50 following $75M gold stream acquisition on Platreef project
Stifel has increased Nomad's PT to $21.50 after their Platreef acquisition announcement

BMO Capital Markets Raises Nomad Royalty (TSE:NSR) Price Target to C$17.00
BMO has increased Nomad's PT to $17

Nomad Royalty (TSE:NSR) Price Target Increased to C$18.00 by Analysts at Canaccord Genuity
Canaccord has increased Nomad's PT to $18

CIBC Increases Nomad Royalty (TSE:NSR) Price Target to C$12.50
CIBC has increased Nomad's PT to $12.50

December 9:
Maritime Resources Announces Sale of Royalty Portfolio to Nomad Royalty Company
Additional coverage of Nomad's royalty deal with Maritime

Nomad Royalty Company executing plan for strong organic portfolio growth in 2021
Coverage stating that Nomad is executing a plan for strong organic growth

Wednesday’s small-cap stocks to watch
Globe and Mail coverage listing Nomad as a stock to watch in response to their Ivanhoe announcement

Nomad Royalty Purchases Gold Stream On Platreef Project For US$75 Million
Nomad has entered into a gold purchase agreement with Ivanhoe valued at $75 million

December 8:
Maritime Resources Announces Sale of Royalty Portfolio to Nomad Royalty Company
Nomad has purchased Maritime's royalty portfolio for projects in Ontario, BC and Quebec

December 7:
Precious Metals Royalty And Streaming Companies: The November Report
Coverage stating that Nomad had double-digit losses in November and that the company's stock continued to decline even after the price of gold stabilized

Royalty round-up, November 2021: a stagnant month with a sliding mid-tier
Coverage stating that Nomad was the worst-performing mid-tier in November

November 2021

November 29:
Nomad Royalty (TSE:NSR) PT Raised to C$12.00
Additional coverage stating that Nomad's PT has been raised to $12 by CIBC

EMX Royalty: A Better Quarter, But Balya Appears Behind Schedule
Coverage looking at EMX royalty where the author states that he still prefers Nomad because it is more diversified and has more growth potential

November 26:
Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Receives $15.50 Consensus Target Price from Brokerages
Nomad has a consensus PT of $15.50 from brokerages

Nomad Royalty (TSE:NSR) Given New C$17.00 Price Target at Canaccord Genuity
Canaccord has lowered Nomad's PT to $17

Wednesday’s analyst upgrades and downgrades
Globe and Mail coverage stating that CIBC has increased Nomad's PT and Canaccord has lowered Nomad's PT

Nomad Royalty (TSE:NSR) Price Target Cut to C$17.00
Coverage stating that Nomad's PT has been cut to $17

Nomad Royalty (TSE:NSR) PT Raised to C$12.00 at CIBC
CIBC has increased Nomad's PT to $12

November 23:
Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Receives $15.50 Consensus PT from Analysts
Nomad has a consensus PT of $15.50 from brokerages

November 22:
Brokerages Set Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) PT at $15.50
Brokerages have given Nomad a consensus PT of $15.50

Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Receives $15.50 Consensus PT from Analysts
Coverage stating that analysts have given Nomad a consensus PT of $15.50

3 Gold Miners Trading At Dirt Cheap Valuations
Coverage stating that Nomad's valuation is very reasonable

November 19:
B.C.-Based Royalty Firm to Acquire First Precious Metal Stream
Additional coverage stating that Nomad is entitled to 5.9% of gold production at Orion's Greenstone site

November 18:
B.C.-Based Royalty Firm to Acquire First Precious Metal Stream Research Report
Coverage stating that Nomad's Greenstone acquisition demonstrates their ability to execute on a stream transaction

Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Receives Average Rating of “Buy” from Analysts
Nomad has an average rating of "buy" from analysts

Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Receives Average Recommendation of “Buy” from Brokerages
Nomad has an average rating of "buy" from brokerages

Nomad Royalty (OTCMKTS:NSRXF) Lifted to “C-” at TheStreet
Nomad's stock rating has been upgraded to C- by TheStreet

November 11:
Nomad Royalty Implements Dividend Reinvestment Plan | MarketScreener
Nomad has announced it will be implementing a DRIP

Nomad Royalty (OTCMKTS:NSRXD) Shares Up 0.6%
Coverage stating that Nomad's stock was up 0.2%

November 9:
Protestors march on restarted Blyvoor gold mine
Coverage about protests at Blyvoor Gold citing that Nomad has a streaming deal at US$572 an ounce with Blyvoor

Gold SWOT: Biggest Gold-Buying Day of the Year Following the Festival of Diwali
Coverage stating that gold was the top-performing precious metal last week, citing Nomad's Greenstone agreement

November 8:
Nomad Royalty: Greenstone Streaming Deal Is A Game-Changer
Coverage stating that Nomad's Greenstone deal is a game-changer and that the company's growth forecast makes it a low-risk buying opportunity

Nomad Royalty Company Ltd. Announces Quarterly Dividend of $0.05 (TSE:NSR)
Additional coverage of Nomad's $0.05 dividend

November 5:
Nomad Royalty Company Ltd (NSR:CN) (NSR) PT Raised to Cdn$14.50 at Cantor Fitzgerald, Following Earnings
Cantor Fitzgerald has boosted Nomad's PT to $14.50 in response to their earnings report

Nomad Royalty Company boosts profits in 3Q, posts revenue of US$6.1M
Coverage stating that Nomad has boosted their profits in Q3 and posted revenues of $6.1 million

Raymond James Raises Nomad Royalty (TSE:NSR) Price Target to C$16.50
Additional coverage of RJ's PT increase for Nomad

November 4:
Nomad Royalty Company declares CAD 0.05 dividend
Nomad has announced a dividend of $0.05

Nomad Royalty (TSE:NSR) Price Target Increased to C$16.50 by Analysts at Raymond James
Additional coverage stating that Nomad's PT has been increased to $16.50 by RJ

Cormark Equities Analysts Cut Earnings Estimates for Nomad Royalty Company Ltd. (TSE:NSR)
Additional coverage stating that Cormark has cut their earnings estimate for Nomad

Nomad Royalty Company Reports Q3 Results, Provides Asset Updates and Declares Fourth Quarter 2021 Dividend
Nomad has released their Q3 financials

Nomad Royalty earns $929,000 (U.S.) in Q3 2021
Coverage stating that Nomad earned $929,000 in Q3

November 3:
Precious Metals Royalty And Streaming Companies: The October Report
October's metals royalty report citing Nomad's Greenstone mine acquisition

Nomad Royalty Company executing plan for strong organic portfolio growth in 2021
Coverage stating that Nomad is executing a plan for strong organic growth and that the company plans to have the lowest general and operating costs in the sector

FY2021 EPS Estimates for Nomad Royalty Company Ltd. (TSE:NSR) Increased by Cormark
Cormark is forecasting that Nomad will post an EPS of $0.09

Q3 2021 EPS Estimates for Nomad Royalty Company Ltd. (TSE:NSR) Decreased by Analyst
Coverage stating that an analyst at RJ has lowered their EPS forecast for Nomad

Nomad Royalty Company Ltd. (TSE:NSR) to Post Q3 2021 Earnings of $0.01 Per Share, Raymond James Forecasts
RJ is forecasting that Nomad will post an EPS of $0.01

Nomad Royalty (TSE:NSR) PT Raised to C$16.50
Additional coverage stating that Nomad's PT has been increased to $16.50

November 2:
Nomad Royalty signs $95m gold stream on Canadian gold project
Additional coverage stating that Nomad has acquired a 40% stake in the Greenstone Gold Mines

OTC Markets Group Inc. (OTCMKTS: OTCM) Releases Q3 2021 Quarterly OTCQX and OTCQB Indexes Rebalancing and Performance
Coverage stating that Nomad was removed from the OTCQX index because it graduated to the NYSE

CIBC Reiterates Neutral Rating on Nomad Royalty Company Ltd (NSR:CN) (NSRXF)
CIBC has reiterated its neutral rating for Nomad

Canaccord Genuity Adjusts Nomad Royalty Company PT to CA$17.50 From CA$16.50, Maintains Buy Rating | MarketScreener
Canaccord has increased Nomad's PT to $17.50 and has maintained its "buy" rating

Nomad Royalty (OTCMKTS:NSRXF) Trading Up 1.7%
Coverage stating that Nomad's stock was up as much as 1.7% yesterday

Nomad Royalty (TSE:NSR) Price Target Increased to C$16.50 by Analysts at Raymond James
RJ has increased Nomad's PT to $16.50

November 1:
Nomad buys US$95M stream on Orion's Greenstone participation
Additional coverage of Nomad's $95 million deal with Orion Mine Finance

October 2021

October 29:
Nomad Royalty Company Announces $95 Million Gold Stream with Orion Mine Finance on the Greenstone Gold Project in Ontario and Life-of-Mine E…
Nomad has announced it has entered into a gold purchase agreement with a subsidiary of Orion

October 28:
Equinox Gold Announces Groundbreaking for Full-scale Construction of Greenstone Mine in Ontario, Canada
An announcement about Equinox and the Orion Mine Finance Group that mentions that Nomad is one of Orion's select investments

October 27:
Appian sells Brazilian companies, Atlantic Nickel and Mineracao Vale Verde, to Sibanye-Stillwater for US$1.0 billion and additional royalty
Additional coverage citing Appian's royalty interest deal with Nomad regarding their Caserones copper mine

October 26:
Appian sells Brazilian companies, Atlantic Nickel and Mineracao Vale Verde, to Sibanye-Stillwater for US$1.0 billion and additional royalty
Coverage that mentions Appian's royalty interest sale to Nomad

October 22:
Canaccord Genuity Reiterates Buy Rating on Nomad Royalty Company Ltd (NSR:CN) (NSRXF)
Canaccord has reiterated their buy rating for Nomad

October 20:
Raymond James Brokers Cut Earnings Estimates for Nomad Royalty Company Ltd. (TSE:NSR)
RJ has cut their earnings estimate for Nomad

October 19:
Nomad Royalty Company Ltd. (TSE:NSR) Forecasted to Post Q3 2021 Earnings of $0.06 Per Share
Nomad is forecasted to post a Q3 EPS of $0.06

CIBC Reaffirms “Hold” Rating for Nomad Royalty (TSE:NSR)
Additional coverage stating that CIBC has reaffirmed their "hold" rating for Nomad

October 18:
Hula Hoop conçoit un site web sur mesure pour Nomad Royalty
French coverage of Nomad's rebrand with the help of Hula Hoop Montreal

NA Proactive news snapshot: FansUnite Entertainment, Electric Royalties, Gold Resource, Adastra Holdings UPDATE ...
Coverage stating that Nomad has realized $5.1 million from its preliminary deliveries and sales from its royalty and stream interests for the third quarter of 2021

Raymond James Brokers Cut Earnings Estimates for Nomad Royalty Company Ltd. (TSE:NSR)
RJ has cut their earnings estimate for Nomad

Nomad Royalty (TSE:NSR) Earns Hold Rating from CIBC
CIBC has given Nomad a "hold" rating

OTC Markets Group Announces Quarterly Index Performance and Rebalancing
Coverage stating that Nomad graduated to the NYSE

October 15:
Nomad has Q3 preliminary precious metals sales of $5.1M
Nomad has announced their Q3 deliveries valued at over $5 million

Raymond James Lowers Nomad Royalty (TSE:NSR) Price Target to C$16.00
Additional coverage stating that RJ has lowered Nomad's PT to $16

October 14:
Nomad Royalty: Raymond James Adjusts Nomad Royalty Company PT to CA$16 From CA$17, Maintains Outperform Rating | MarketScreener
Raymond James has lowered Nomad's PT to $16 but has kept its outperform rating

October 13:
Amend and restated credit agreement
Nomad's amended and restated credit agreement with Scotia has been posted here

October 12:
Nomad Royalty (TSE:NSR) Given New C$14.50 Price Target at Scotiabank
Scotia has given Nomad a PT of $14.50

October 8:
Nomad Royalty (OTCMKTS:NSRXF) Trading Up 1.7%
Nomad was up 1.7% yesterday

Nomad Royalty (TSE:NSR) Price Target Lowered to C$14.50 at Scotiabank
Additional coverage stating that Scotia has lowered Nomad's PT

October 7:
Scotiabank Lowers Nomad Royalty (TSE:NSR) Price Target to C$14.50
Scotia has lowered Nomad's PT

Royalty Roundup, September 2021: the many fallers offset by a few large gainers
Coverage stating that Nomad had a very rough September

October 6:
Scotiabank Trims Nomad Royalty (TSE:NSR) Target Price to C$14.50
Scotiabank has reduced Nomad's PT to $14.50

Nomad Royalty (OTCMKTS:NSRXF) Trading 1.7% Higher
Coverage stating that Nomad was up 1.7% yesterday

September 2021

September 29:
Nomad Royalty Company Ltd. (NSR) Ex-Dividend Date Scheduled for September 29, 2021
Nomad goes ex-dividend today

September 28:
Nomad Royalty (OTCMKTS:NSRXD) Shares Up 0.6%
Coverage stating that Nomad is up 0.6%

September 27:
Nomad Royalty Company Ltd. (NSR) to Issue Quarterly Dividend of $0.05 on October 15th
Nomad is expected to announce a dividend of $0.05

September 23:
Nomad Royalty (TSE:NSR) Shares Up 1.4%
Additional coverage stating that Nomad was up 1.4%

September 22:
Nomad Royalty (TSE:NSR) Trading 1.4% Higher
Coverage stating that Nomad is up 1.4%

September 16:
Nomad Royalty Company closes US$125M revolving credit facility
Additional coverage of Nomad's $125 credit deal

September 15:
Nomad Royalty Company Closes US$125 M Revolving Credit Facility
Nomad has closed a $150 million credit deal

September 10:
Gold Royalty: The Buying Spree Continues
Coverage stating that Gold Royalty will outgrow Nomad

September 8:
Precious Metals: Canaccord Comments On Record Capital Returns From Producers
Coverage citing that Canaccord has listed Nomad as one of their top stocks in the resource space

September 7:
Altus completes final closing of Caserones royalty buy
Additional coverage of Nomad's transaction with Altus

Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Sees Large Increase in Short Interest
The short interest for Nomad is up 18%

Royalty round-up, August 2021: Holiday season sees investors book gains
Coverage stating that Nomad was one of only 5 mining royalty companies to have positive share price movement this month

August 2021

August 31:
Nomad Royalty (OTCMKTS:NSRXD) Shares Up 1.7%
As per the headline, Nomad is up 1.7%

Nomad Royalty to raise credit facility to $125M (U.S.)
Coverage stating that Nomad has secured new credit agreements with Scotia, RBC and CIBC

August 30:
Nomad Royalty: A Solid Buy-The-Dip Candidate
Coverage stating that Nomad is a great "buy the dip" candidate

August 27:
Nomad Royalty Company to begin trading on NYSE
Nomad is expected to start trading on the NYSE on August 31st

Nomad Royalty (OTCMKTS:NSRXF) Given New C$11.00 Price Target at CIBC
As per the headline, CIBC has given Nomad a PT of $11

August 26:
Nomad Royalty (NSR.T) increases royalty stake in Caserones, gets approval for NYSE trade
Additional coverage of Nomad's royalty increase and its trading on the NYSE

August 25:
Today's Market View - Alba Mineral Resources; Altus Strategies; Amur Minerals; Anglo Asian Mining; Greatland Gold: KEFI Gold and Copper: Tir…
Coverage referencing Nomad's Caserones royalty

August 24:
Nomad Royalty (TSE:NSR) Earns “Outperform” Rating from Raymond James
As per the headline, RJ has given Nomad a rating of "outperform"

Nomad Royalty Company Ltd (NSR:CN) (NSRXF) PT Lowered to Cdn$11 at CIBC
As per the headline, CIBC has lowered Nomad's PT to $11

Nomad Royalty receives approval for NYSE listing
Nomad has been approved to trade on the NYSE

August 23:
Friday’s analyst upgrades and downgrades
Globe and mail coverage listing Nomad as top stock in the royalty space

Nomad Royalty (TSE:NSR) PT Raised to C$18.50 at Scotiabank
As per the headline, Nomad's PT has been increased to $18.50

Nomad Royalty (TSE:NSR) Receives Outperform Rating from Raymond James
As per the headline, Nomad has been given an "outperform" rating from RJ

August 20:
Nomad Acquires Additional Royalty on the Caserones Mine in Chile
Nomad has acquired a new royalty on the Caserones mine in Chile

August 19:
Nomad Royalty (TSE:NSR) Hits New 52-Week Low at $7.93
As per the headline, Nomad has hit a 1-year low

August 18:
Short Interest in Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Expands By 88.8%
As per the headline, the short interest for Nomad is up 88%

August 17:
Nomad Royalty (TSE:NSR) Reaches New 1-Year Low at $7.93
As per the headline, Nomad has hit a 1-year low

August 16:
Short Interest in Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Rises By 88.8%
As per the headline, the short interest for Nomad is up 88%

August 10:
Nomad Royalty (OTCMKTS:NSRXD) Shares Down 1.8%
As per the headline, Nomad was down 1.8%

August 9:
Nomad Royalty (TSE:NSR) Hits New 1-Year Low at $8.09
As per the headline, Nomad has hit a 52 week low

August 5:
Royalty Roundup, July 2021: Gains and falls but majors rise higher
Coverage stating that Nomad has been the worst-performing mid-tier for the second month in a row

August 3:
Nomad Royalty Company executing plan for strong organic portfolio growth in 2021
Full-length coverage of Nomad's growth plan, which features an interview with Nomad's CEO

CIBC Reiterates “Neutral” Rating for Nomad Royalty (TSE:NSR)
As per the headline, CIBC has reiterated its neutral rating for Nomad

Raymond James Trims Nomad Royalty (TSE:NSR) Target Price to C$17.00
As per the headline, RJ has reduced Nomad's PT of $17

July 2021

July 30:
Nomad Royalty (TSE:NSR) Receives “Neutral” Rating from CIBC
As per the headline, Nomad has been given a neutral rating from CIBC

NA Proactive news snapshot: OTC Markets Group, Adyton Resources, Aurion Resources, TruTrace Technologies, Cabral Gold UPDATE ...
Coverage explaining that Nomad sold 2,577 gold equivalent ounces in the last quarter

Yamana Gold Inc. Announcements | Yamana Gold Inc.: Yamana Gold Reports Strong Second Quarter 2021
Coverage mentioning Yamana's investment in Nomad

July 29:
Nomad Royalty Company Reports Q2 Results and Declares Third Quarter 2021 Dividend
Nomad has announced its Q2 results and a dividend of $0.05 per share

July 26:
Brokers Set Expectations for Nomad Royalty Company Ltd.’s FY2021 Earnings (TSE:NSR)
Coverage breaking down the brokerage forecasts for Nomad

July 23:
Brokers Set Expectations for Nomad Royalty Company Ltd.’s FY2021 Earnings (TSE:NSR)
Coverage explaining how Nomad was evaluated by brokerages

July 22:
FY2022 Earnings Forecast for Nomad Royalty Company Ltd. (TSE:NSR) Issued By Cormark
Additional coverage of Cormark's earnings forecast for Nomad

July 21:
Brokers Issue Forecasts for Nomad Royalty Company Ltd.’s Q2 2021 Earnings (TSE:NSR)
Coverage outlining the brokerage forecasts for Nomad

Nomad Royalty Company Ltd. (TSE:NSR) Forecasted to Post FY2022 Earnings of $0.35 Per Share
Cormark has increased their EPS forecast for Nomad from $0.28 to $0.35

July 20:
Nomad Royalty (TSE:NSR) Hits New 12-Month Low at $8.75
As per the headline, Nomad has hit a 12 month low

Nomad Royalty (TSE:NSR) Price Target Increased to C$16.50 by Analysts at Canaccord Genuity
Canaccord has increased Nomad's PT to $16.50

July 19:
Proactive news headlines including The Parent Company, Byrna Technologies, Nomad Royalty and Fobi AI
Nomad has revealed preliminary 2Q revenue of US$4.6M on 2,577 gold equivalent ounces sold

Nomad Royalty Company Ltd. Forecasted to Earn Q2 2021 Earnings of $0.03 Per Share (TSE:NSR)
As per the headline, Nomad is forecasted to have an EPS of $0.03

Nomad Royalty (TSE:NSR) Price Target Raised to C$16.50
As per the headline, Nomad's PT was increased to $16.50

Nomad Royalty Company Ltd. (OTCMKTS:NSRXD) Short Interest Up 66.7% in June
As per the headline, the short interest for Nomad increased 66% in June

July 16:
Nomad Announces Preliminary Q2 2021 Deliveries and Provides Asset Updates
Nomad has released the update on its gold and silver deliveries and sales

July 15:
Nomad Royalty (OTCMKTS:NSRXD) Stock Price Up 0.6%
As per the headline, Nomad was up 0.6%

July 12:
Metalla Royalty & Streaming: A Look At The Valuation After The Drop
Coverage of Metalla Royalty which compares the company to Nomad

July 7:
Nomad Royalty (OTCMKTS:NSRXF) Shares Up 2.6%
As per the headline, Nomad is up 2.6%

July 6:
Royalty round-up, June 2021: Red across the board despite deals being done
Coverage citing that Nomad was down over 9% last month

July 5:
Nomad Royalty Company Ltd. (TSE:NSR) to Post FY2022 Earnings of $0.28 Per Share, Cormark Forecasts
Cormark is predicting an EPS of $0.28 for Nomad

Nomad Royalty’s (NSR) “Neutral” Rating Reiterated at CIBC
As per the headline CIBC has reiterated its "neutral" rating for Nomad

Canaccord Genuity Increases Nomad Royalty (TSE:NSR) Price Target to C$16.00
Canaccord has increased Nomad's PT to $16

July 2:
Nomad Royalty Company Ltd. (TSE:NSR) to Post FY2021 Earnings of $0.06 Per Share, Cormark Forecasts
As per the headline, Cormark is forecasting a EPS of $0.06 for Nomad

Nomad Royalty Company Ltd. (TSE:NSR) to Post Q4 2022 Earnings of $0.14 Per Share, Raymond James Forecasts
As per the headline, RJ is forecasting an EPS of $0.14 for Nomad

Nomad Royalty (TSE:NSR) Price Target Raised to C$16.00
As per the headline, Nomad has been given a PT of $16

Nomad Royalty (TSE:NSR) Given “Neutral” Rating at CIBC
As per the headline CIBC has reiterated its "neutral" rating for Nomad

June 2021

June 30:
Nomad Royalty (TSE:NSR) Earns “Outperform” Rating from Raymond James
As per the headline, Raymond James has given Nomad a rating of "outperform"

Nomad Royalty (TSE:NSR) PT Set at C$17.50 by Raymond James
As per the headline, RJ has given Nomad a PT of $17.50

Nomad Royalty (TSE:NSR) Given New C$16.00 Price Target at Canaccord Genuity
As per the headline, Canaccord has given Nomad a PT of $16

June 29:
Nomad Royalty: Announces Filing of Technical Report on the Blyvoor Gold Mine | MarketScreener
As per the headline, Nomad has announced the filing of its technical report for its Blyvoor gold mine

June 28:
Nomad Royalty Company Ltd. (TSE:NSR) Declares Quarterly Dividend of $0.05
As per the headline, Nomad will issue a dividend of $0.05

June 25:
Nomad Royalty Company Ltd. Expected to Earn Q3 2021 Earnings of $0.08 Per Share (TSE:NSR)
As per the headline, Nomad is expected to post an EPS of $0.08

CIBC Cuts Nomad Royalty (OTCMKTS:NSRXD) Price Target to C$12.50
As per the headline, CIBC has cut Nomad's price target

June 23:
Nomad Royalty Company Ltd (NSR:CN) (NSRXF) PT Lowered to Cdn$12.50 at CIBC
CIBC has lowered Nomad's PT

Nomad Royalty (TSE:NSR) Sets New 12-Month Low at $9.01
As per the headline, Nomad has hit a 1 year low.

Nomad Royalty (OTCMKTS:NSRXD) PT Lowered to C$17.50 at Raymond James
As per the headline, Raymond James has lowered the PT for Nomad

Nomad arranges $50-million (U.S.) at-the-market program
Nomad has established an equity program to sell upwards of $50 million in common shares

June 15:
Scotiabank Increases Nomad Royalty (OTCMKTS:NSRXD) Price Target to C$17.00
Scotia has set Nomad’s price target to $17

June 14:
Short Interest in Nomad Royalty Company Ltd. (OTCMKTS:NSRXF) Grows By 317.2%
The short interest for Nomad is up 317.2%

Nomad Royalty (OTCMKTS:NSRXD) PT Raised to C$20.00 at Stifel Nicolaus
Additional coverage citing that the price target for Nomad has been increased to $20

June 11:
Nomad Royalty (OTCMKTS:NSRXD) PT Raised to C$20.00
Additional coverage of Nomad’s price target is raised to $20

Nomad Royalty Company Ltd. Forecasted to Earn Q3 2021 Earnings of $0.12 Per Share (TSE:NSR)
Nomad is projected to post earnings per share of $0.12

Thursday’s analyst upgrades and downgrades
Globe and Mail coverage citing that CIBC has given Nomad a Neutral rating.