Northwire Canada EditionSaturday, July 11, 2026
Sign inSubscribe
Northwire
⌕
GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Earnings Routine +

Olive Resource Capital Reports Q1 2026 Financial Statements and Investment Performance

Olive Resource Capital Q1 Earnings Confirm NAV Discount and Portfolio Growth Trajectory

By The Northwire Desk — AI Analysis May 13, 2026 · 07:01 OC · 0.125 Olive Resource Capital Inc.
Executive Summary
  • Olive Resource Capital reported Q1 2026 financial statements with record Net Income of $1,172,226 ($0.01 per share).
  • Investment portfolio value increased to $17,451,792 as of March 31, 2026, up from $16,473,208 at the end of 2025.
  • Net Asset Value (NAV) per share rose to $0.152 compared to $0.145 in the previous quarter.
  • Total assets stood at $17,480,896 with total liabilities of $1,227,530.
  • Common shares outstanding are 106,744,709, with 4,000,000 treasury shares pending cancellation.
  • Significant investment value changes included increases in Omai Gold Mines Corp., Arizona Sonoran Copper Co., and Goldsky Resources Corp.
  • Sterling Metals Corp. value decreased from $1,074,043 to $381,405 during the quarter.
  • CEO Samuel Pelaez noted market volatility driven by conflict in Iran but highlighted positive performance due to strength earlier in the year.
Material Impact
  • The Q1 2026 earnings confirm the strong growth trajectory established throughout 2025 and early 2026, validating previous portfolio updates.
  • Net income generation ($1.17M) demonstrates operational profitability beyond just unrealized gains on holdings.
  • NAV per share ($0.152) remains significantly higher than the current trading price (~$0.13), maintaining a discount of approximately 14%.
  • The portfolio growth from $16.47M (Dec 2025) to $17.45M (Mar 2026) is consistent with the April update ($19.73M), indicating sustained asset appreciation.
  • No new strategic investors or major M&A activity involving Olive itself was disclosed; the news is a confirmation of existing strategy rather than a pivot.
  • The reduction in Sterling Metals Corp. value highlights portfolio volatility but does not materially threaten overall solvency given low liabilities.
OC · Price
Company Overview
  • Olive Resource Capital operates as an investment holding company focused on mining exploration and development equities.
  • The "flagship" strategy involves a diversified portfolio of public and private equity in the resource sector rather than a single operating mine.
  • Top holdings include Omai Gold Mines Corp., Arizona Sonoran Copper Co., Sterling Metals Corp., and Black Sheep Ventures Inc.
  • Management focuses on capitalizing on commodity bull markets, specifically gold and copper, while managing volatility through diversification.
Read the original news release →

More from Olive Resource Capital Inc.

Jun 02, 2026 · 07:01

Olive Resource Capital's Portfolio Surges Past $21M as Copper Exposure Grows Amidst Market Volatility

Other May 04, 2026 · 07:01

Olive Resource Capital Portfolio Surges to $19.7M Amidst Aurion M&A Activity, Trading at Discount to Implied NAV

Other Apr 20, 2026 · 07:01

Olive Resource Confirms NAV Surge as Portfolio Hits Record Highs Amid Junior Miner Rally

Earnings Mar 06, 2026 · 07:02

Olive Resource Rides Commodity Tailwinds as Portfolio Value Surpasses C$20 Million Mark

Other Feb 02, 2026 · 07:03

Resource Investment Issuer

Other Jan 12, 2026 · 17:54

Olive Resource's Dec. 31 portfolio value at $16.15M

Other