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Sailfish Royalty ( (TSE:FISH) ) has shared an announcement.
Sailfish Royalty Corp. announced that Solidus Resources, LLC has released a positive feasibility study for the Spring Valley Gold Project, highlighting an after-tax net present value of US$1.5 billion and an internal rate of return of 36%. Sailfish holds up to a 3% net smelter return royalty on the project, expected to significantly enhance cash flow once production begins, marking an important asset for the company.
More about Sailfish Royalty
Sailfish Royalty Corp. operates in the precious metals industry, focusing on acquiring and managing royalty interests in gold mining projects. The company’s primary services include holding royalty interests, which provide a percentage of the production revenue from mining operations, with a market focus on enhancing cash flow through strategic investments in royalty assets.
YTD Price Performance: 11.22%
Average Trading Volume: 6,007
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $77.43M
Find detailed analytics on FISH stock on TipRanks’ Stock Analysis page.