Olive Resource Capital Announces February 28, 2025 NAV of C$0.067 per Share
Olive Resource Capital (TSXV: OC) has reported its unaudited Net Asset Value (NAV) of C$0.067 per share for February 28, 2025. The company's share price at month-end was C$0.035, trading at a significant discount to NAV.
The company's NAVPS remained flat in February, affected by a late-month pullback in resource equities. However, the portfolio is well-positioned to benefit from the recent rally in gold equities, with gold prices exceeding US$3,000/oz for the first time.
The company maintains a diversified approach with exposure to both larger and junior resource companies, focusing on high-conviction investments. Management notes that commodities typically experience strong seasonal performance between January and May. As of the release date, Olive Resource Capital has 106,144,709 common shares outstanding.
Olive Resource Capital (TSXV: OC) ha riportato il suo Valore Patrimoniale Netto (NAV) non verificato di C$0,067 per azione al 28 febbraio 2025. Il prezzo delle azioni della società alla fine del mese era di C$0,035, scambiato a un significativo sconto rispetto al NAV.
Il NAVPS della società è rimasto stabile a febbraio, influenzato da un ritracciamento delle azioni delle risorse a fine mese. Tuttavia, il portafoglio è ben posizionato per beneficiare del recente rally delle azioni dell'oro, con i prezzi dell'oro che superano US$3.000/oz per la prima volta.
La società mantiene un approccio diversificato con esposizione sia a grandi aziende minerarie che a piccole imprese, concentrandosi su investimenti ad alta convinzione. La direzione osserva che le materie prime di solito mostrano una forte performance stagionale tra gennaio e maggio. Alla data di rilascio, Olive Resource Capital ha 106.144.709 azioni ordinarie in circolazione.
Olive Resource Capital (TSXV: OC) ha reportado su Valor Neto de Activos (NAV) no auditado de C$0,067 por acción al 28 de febrero de 2025. El precio de la acción de la compañía a fin de mes era de C$0,035, comerciándose a un descuento significativo respecto al NAV.
El NAVPS de la compañía se mantuvo estable en febrero, afectado por un retroceso a finales de mes en las acciones de recursos. Sin embargo, la cartera está bien posicionada para beneficiarse del reciente repunte en las acciones del oro, con los precios del oro superando US$3,000/oz por primera vez.
La compañía mantiene un enfoque diversificado con exposición tanto a empresas de recursos grandes como junior, enfocándose en inversiones de alta convicción. La dirección señala que las materias primas suelen experimentar un fuerte rendimiento estacional entre enero y mayo. A la fecha de lanzamiento, Olive Resource Capital tiene 106,144,709 acciones comunes en circulación.
Olive Resource Capital (TSXV: OC)는 2025년 2월 28일 기준으로 C$0.067 주당 감사받지 않은 순자산가치(NAV)를 보고했습니다. 회사의 월말 주가는 C$0.035로, NAV에 비해 상당한 할인율로 거래되고 있습니다.
회사의 NAVPS는 2월에 변동이 없었으며, 이는 월말 자원 주식의 하락에 영향을 받았습니다. 그러나 포트폴리오는 금 주식의 최근 랠리로부터 혜택을 받을 수 있는 좋은 위치에 있으며, 금 가격은 처음으로 US$3,000/oz를 초과했습니다.
회사는 대형 자원 회사와 주니어 자원 회사 모두에 대한 노출을 유지하며, 높은 확신을 가진 투자에 집중하는 다각화된 접근 방식을 유지하고 있습니다. 경영진은 원자재가 일반적으로 1월과 5월 사이에 강한 계절적 성과를 보인다고 언급했습니다. 발표 날짜 기준으로 Olive Resource Capital은 106,144,709 주식이 유통되고 있습니다.
Olive Resource Capital (TSXV: OC) a rapporté sa valeur nette d'actif (NAV) non vérifiée de C$0,067 par action au 28 février 2025. Le prix de l'action de l'entreprise à la fin du mois était de C$0,035, négocié à un rabais significatif par rapport à la NAV.
Le NAVPS de l'entreprise est resté stable en février, affecté par un recul des actions de ressources à la fin du mois. Cependant, le portefeuille est bien positionné pour bénéficier du récent rallye des actions aurifères, avec des prix de l'or dépassant US$3,000/oz pour la première fois.
L'entreprise maintient une approche diversifiée avec une exposition à la fois à des entreprises de ressources majeures et juniors, en se concentrant sur des investissements à forte conviction. La direction note que les matières premières connaissent généralement une forte performance saisonnière entre janvier et mai. À la date de publication, Olive Resource Capital a 106.144.709 actions ordinaires en circulation.
Olive Resource Capital (TSXV: OC) hat seinen ungeprüften Nettovermögenswert (NAV) von C$0,067 pro Aktie zum 28. Februar 2025 gemeldet. Der Aktienkurs des Unternehmens am Monatsende betrug C$0,035 und wurde mit einem erheblichen Abschlag zum NAV gehandelt.
Der NAVPS des Unternehmens blieb im Februar stabil, beeinflusst durch einen Rückgang der Rohstoffaktien gegen Ende des Monats. Das Portfolio ist jedoch gut positioniert, um von der jüngsten Rallye bei Goldaktien zu profitieren, da die Goldpreise erstmals US$3.000/oz überschreiten.
Das Unternehmen verfolgt einen diversifizierten Ansatz mit Exposition gegenüber sowohl großen als auch Junior-Ressourcenunternehmen und konzentriert sich auf hochgradige Überzeugungsinvestitionen. Das Management weist darauf hin, dass Rohstoffe typischerweise zwischen Januar und Mai eine starke saisonale Leistung zeigen. Zum Zeitpunkt der Veröffentlichung hat Olive Resource Capital 106.144.709 Stammaktien im Umlauf.
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Toronto, Ontario--(Newsfile Corp. - March 17, 2025) - Olive Resource Capital Inc. (TSXV: OC) ("Olive" or the "Company") is pleased to provide investors an updated, unaudited Net Asset Value ("NAV") per share. Management has estimated the NAV of the Company at C
Table 1: Olive NAV Breakdown
| Name | Ticker | Value | Value per Share ($) |
| Black Sheep Income Corp. | Private | | 0.012 |
| Omai Gold Mines Corp.(1) | OMG.v | | 0.008 |
| Guided Therapeutics Inc. | Private | | 0.004 |
| Arizona Sonoran Copper Co. Inc. | ASCU | | 0.003 |
| Aurion Resources Ltd | AU.v | | 0.002 |
| Working Capital(2) and Liquid Investments(3) | | 0.013 | |
| Other Public Equity Investments | | 0.018 | |
| Other Private Equity Investments | | 0.005 | |
| Other Merchant Banking Investments | | 0.002 | |
| Total | | 0.067 |
- Derek Macpherson, Executive Chairman of Olive Resource Capital is a Director of this issuer.
- Working Capital is calculated as cash, adjusted for management's estimate for known liabilities and is subject to change with future estimates or financial reports.
- Olive defines Liquid Investments as investments whose position can be liquidated in less than one day's average trading volume for that security.
Samuel Pelaez, the Company's President, CEO, CIO, and Director stated: "Commodity prices continued their yearly advance this month, and the US dollar index declined. Gold rose to fresh all-time highs, other metals broadly advanced, while oil declined. As for the equities, their performance was correlated to the commodities, except for gold equities which significantly outperformed the commodity. The seasonal period between January and May is typically strong for the commodity complex. At Olive, we remain well deployed into both the larger and the junior resource space, and have continued to reallocate capital into fewer, higher conviction names."
Derek Macpherson, Executive Chairman stated: "Olive's NAVPS, was flat in February, reflecting the late-month pullback in resource equities. The portfolio remains positioned to benefit from the recent rally in gold equities, driven by the gold price which recently went above US
As of the date of this release Olive Resource Capital Inc. has 106,144,709 common shares outstanding.
Use of Non-GAAP Financial Measures:
This press release contains references to NAV or "net asset value per share" which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date. The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies. There is no comparable GAAP financial measure presented in the Company's consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure. The Company believes that the measure provides information useful to its shareholders in understanding the Company's performance, and may assist in the evaluation of the Company's business relative to that of its peers. Existing NAV of the Company is not necessarily predictive of the Company's future performance or the NAV of the Company as at any future date.
About Olive Resource Capital Inc.:
Olive is a resource-focused merchant bank and investment company with a portfolio of publicly listed and private securities. The Company's assets consist primarily of investments in natural resource companies in all stages of development.
For further information, please contact:
Derek Macpherson, Executive Chairman at derek@olive-resource.com or by phone at (416)294-6713 or Samuel Pelaez, President, CEO & CIO at sam@olive-resource.com or by phone at (202)677-8513. Olive's website is located at www.olive-resource.com.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way approved nor disapproved the information contained herein.
Cautionary Note Regarding Forward-Looking Statements: This press release contains "forward-looking information" within the meaning of applicable Canadian securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, identified by words or phrases such as "believes", "anticipates", "expects", "is expected", "scheduled", "estimates", "pending", "intends", "plans", "forecasts", "targets", or "hopes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "will", "should", "might", "will be taken", or "occur" and similar expressions) are not statements of historical fact and may be forward-looking statements.
This news release includes forward-looking statements that are subject to risks and uncertainties. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that could cause the actual results of Olive to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. All statements contained in this news release, other than statements of historical fact, are to be considered forward-looking. Although Olive believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to: past success or achievement does not guarantee future success; negative investment performance; downward market fluctuations; downward fluctuations in commodity prices and changes in the prices of commodities in general; uncertainties relating to the availability and costs of financing needed in the future; interest rate and exchange rate fluctuations; changes in economic and political conditions that could negatively affect certain commodity prices; and those risks set out in the Company's public documents filed on SEDAR. Accordingly, readers should not place undue reliance on forward-looking information. Olive does not undertake to update any forward-looking information except in accordance with applicable securities laws.
This commentary is provided for general informational purposes only and does not constitute financial, investment, tax, legal or accounting advice nor does it constitute an offer or solicitation to buy or sell any securities referred to. The information provided in this recording has been obtained from sources believed to be reliable and is believed to be accurate at the time of publishing but we do not represent that it is accurate or complete and it should not be relied upon as such.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/244813
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