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Eagle Royalties Ltd. ( (TSE:ER) ) has provided an announcement.
Eagle Royalties Ltd. announced encouraging drill hole intercepts from the AurMac gold project, where it holds royalty interests. The results from Banyan Gold Corp.’s drilling include significant gold intercepts, with Eagle Royalties benefiting from a 1% royalty on certain claims. The announcement suggests potential positive impacts on Eagle Royalties’ income from its royalty interests, although further results from additional drill holes are pending and are likely to further clarify the resource potential.
More about Eagle Royalties Ltd.
YTD Price Performance: 8.70%
Average Trading Volume: 44,931
Technical Sentiment Consensus Rating: Strong Sell
See more data about ER stock on TipRanks’ Stock Analysis page.