Star Royalties Highlights Copperstone Mine Progress and AGM Extension

An update from Star Royalties ( (TSE:STRR) ) is now available.

Star Royalties Ltd. has highlighted the development progress of Minera Alamos Inc.’s Copperstone Gold Mine, in which it holds a 4% streaming agreement. Minera Alamos is advancing its plans to restart operations at Copperstone in 2026, with regulatory submissions and financing discussions underway. The project is expected to significantly impact Star Royalties’ cash flow, potentially doubling its current market capitalization. Additionally, Star Royalties has applied for an extension of its Annual General Meeting, pending approval from Corporations Canada.

Spark’s Take on TSE:STRR Stock

According to Spark, TipRanks’ AI Analyst, TSE:STRR is a Neutral.

Star Royalties’ overall stock score reflects significant operational challenges, with declining revenues and negative cash flows weighing heavily. The strong balance sheet provides some stability, but technical indicators suggest weak market momentum. The low P/E ratio indicates the stock might be undervalued, offering potential upside if the company can address its operational issues.

To see Spark’s full report on TSE:STRR stock, click here.

More about Star Royalties

Star Royalties Ltd. is a company engaged in the precious metals and carbon credit royalty and streaming industry, focusing on wealth creation through originating and managing royalty and streaming agreements.

Average Trading Volume: 48,848

Technical Sentiment Signal: Sell

Current Market Cap: C$15.73M

For an in-depth examination of STRR stock, go to TipRanks’ Stock Analysis page.