C$3.66 is a weekly support level that has been tested and proven to be a solid base to build on. Looking left along the chart there is very little imbalance within the price action to backfill unless of course, we go lower. With their focus on acquiring third-party royalties mainly within the precious metals (80%), they are delivering growth and returns on the invested capital and have executed 25 separate transactions since 2019. Invested capital so far is C$32M and now they have around C$140M total equity value.
In 2021 they had 5 producing assets in the next year or so we should be seeing that number more than double. There are currently 17 royalties in the development stage and 33 in exploration.
In 2021 they had 5 producing assets in the next year or so we should be seeing that number more than double. There are currently 17 royalties in the development stage and 33 in exploration.
