Olive Resrce Stock Price, News & Analysis

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) has reported its unaudited Net Asset Value (NAV) of C$0.067 per share for January 31, 2025. The company's share price at month-end was C$0.025. The total NAV stands at C$7,156,958, with major holdings including Black Sheep Income Corp. (C$1.26M), Omai Gold Mines Corp. (C$676K), and Guided Therapeutics Inc. (C$466K).

The company experienced a 5.7% increase in NAVPS during January, primarily driven by strong performance in gold stocks. Notably, Omai Gold Mines, their largest resource position, saw a 48% increase in January. The company's Normal Course Issuer Bid (NCIB) expired on January 17, 2025, and in early February, 3,030,000 common shares previously held in treasury were cancelled. As of the release date, Olive has 106,144,709 common shares outstanding.

Olive Resource Capital (TSXV: OC) reported strong performance for 2024 with investment returns up 33% over the last two years, outperforming traditional resource funds. The company's portfolio achieved notable gains, with investments like Omai Gold Corp. (220%), Mawson Gold (207%), and Midnight Sun Mining Corp. (131%) delivering exceptional returns.

During 2024, Olive repurchased 3,030,000 common shares through its Normal Course Issuer Bid (NCIB). The company's outstanding shares will decrease to 106,144,709 upon cancellation of repurchased shares.

For 2025, Olive outlined five key objectives: maintaining strong investment performance, expanding asset base through acquisitions, launching a roll-over flow-through fund, pursuing merchant banking opportunities, and increasing marketing efforts to close the gap between share price and NAV.

Olive Resource Capital (TSXV: OC) has reported its unaudited Net Asset Value (NAV) of C$0.064 per share for December 31, 2024. The company's share price at December's end was C$0.025. The total NAV stands at C$6,770,245, comprised of various investments including Black Sheep Income Corp. (C$1.27M), Omai Gold Mines (C$457K), and working capital with liquid investments (C$1.40M).

The company's NAVPS declined by 1.3% in December, outperforming both the S&P/TSX Global Gold Index ETF (down 6.5%) and TSXV Materials Index (down 3.4%). The outperformance was primarily driven by Olive's position in Omai Gold Mines. During December, no common shares were repurchased under the Normal Course Issuer Bid (NCIB), with the company holding 3,030,000 shares in treasury pending cancellation.

Olive Resource Capital has reported its unaudited Net Asset Value (NAV) of C$0.065 per share for November 30, 2024. The company's share price at month-end was C$0.025. The total NAV breakdown shows major holdings including Black Sheep Income Corp. (C$1.26M), Working Capital and Liquid Investments (C$1.53M), and Other Public Equity Investments (C$1.88M), totaling approximately C$6.86M.

The company experienced a modest 4.3% decline in NAVPS during November, outperforming both the S&P/TSX Global Gold Index ETF (-5.7%) and TSXV Materials Index (-6.4%). Management noted that the U.S. dollar continued its appreciation, while major commodity prices dropped, particularly copper, due to disappointing Chinese stimulus expectations.

Olive Resource Capital reported an unaudited Net Asset Value (NAV) of C$0.067 per share for October 31, 2024, while the company's share price stood at C$0.025. The total NAV of C$7,164,217 includes significant holdings in Black Sheep Income Corp. (C$1.26M), working capital and liquid investments (C$1.78M), and other public equity investments (C$1.92M). The company's NAVPS increased by 4.1% in October, driven by strong performance in Valore Metals and precious metals positions. Management notes heightened volatility in commodity markets and remains cautious through November, traditionally a weak season for risk appetite and commodity returns.

Olive Resource Capital Inc. (TSXV: OC) has announced its unaudited Net Asset Value (NAV) per share of C$0.065 as of September 30, 2024. The company's share price at the end of September was C$0.025. The NAV breakdown includes investments in various companies and sectors, with the largest contributions coming from Black Sheep Income Corp. (C$0.012 per share) and working capital and liquid investments (C$0.016 per share).

The company's President and CEO, Samuel Pelaez, noted that gold prices reached all-time highs, copper prices rose, while oil prices dropped. He expressed caution for Q4 2024 due to potential US dollar rebound. Executive Chairman Derek Macpherson highlighted a 1.9% increase in NAVPS and mentioned the company's strategy of increasing exposure to gold companies and platinum/palladium producers.

Olive Resource Capital did not repurchase any common shares under its Normal Course Issuer Bid (NCIB) in September. The company currently has 109,174,709 common shares outstanding.