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Nations Royalty posts record C$2.21M royalty revenue and first profitable quarter, driven by Brucejack mine tax change.

Company Fundamentals
31 Aug 2026
Newsfile Corp
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Bullish
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Nations Royalty Corp. reported a record quarterly royalty revenue of C$2.21 million for Q1 Fiscal 2027, a 1,058% increase year-over-year, driven mainly by the Brucejack mine transitioning to a higher net revenue mineral tax regime. This revenue surge led to the company's first profitable quarter with a net income of C$0.84 million. The company holds C$16.3 million in cash with no long-term debt and plans to expand its Indigenous royalty portfolio, benefiting from strong precious metals markets and advancing mining projects in British Columbia. Nations Royalty aims to strengthen Indigenous participation in Canada's mining industry through partnerships and acquisitions.

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