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The latest update is out from Xtierra ( (TSE:RI) ).
Royalties Inc. reported a net income of $111,774 for Q2 2025, driven by a non-cash foreign exchange gain, despite an operating loss due to higher expenses. The company increased its investment in Music Royalties Inc., enhancing its asset base and future dividend income. A significant legal victory in Mexico confirmed its subsidiary’s entitlement to a 2% net smelter royalty on Capstone Copper’s Cozamin Mine, although the resolution is delayed due to an appeal. This development could have substantial financial implications, as Royalties Inc. estimates a potential US$1.5 million annual royalty from the disputed claim, highlighting the company’s strategic focus on unlocking shareholder value through its royalty portfolio.
More about Xtierra
Royalties Inc. operates in the financial sector, focusing on investments in music royalties and mining royalties. The company aims to grow its royalty portfolio and monetize key mining assets to enhance shareholder value.
Average Trading Volume: 168,465
Technical Sentiment Signal: Buy
Current Market Cap: C$14.63M
See more insights into RI stock on TipRanks’ Stock Analysis page.