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Versamet Royalties Corp. ( (TSE:VMET) ) has provided an update.
Versamet Royalties Corporation has announced the acquisition of significant new cornerstone shareholders, Tether Investments and the Lundin Family Trusts, each acquiring approximately 12.7% of the company’s shares. This strategic partnership is expected to bolster Versamet’s financial strength and strategic capabilities, supporting its growth as it advances its U.S. and TSX mainboard listings and aims to generate over 20,000 GEOs in 2026.
The most recent analyst rating on (TSE:VMET) stock is a Buy with a C$14.50 price target. To see the full list of analyst forecasts on Versamet Royalties Corp. stock, see the TSE:VMET Stock Forecast page.
More about Versamet Royalties Corp.
Versamet Royalties Corporation is an emerging mid-tier company in the precious metals royalty and streaming industry. It focuses on creating long-term per share value for its shareholders by acquiring high-quality assets. The company’s common shares are traded on the TSX Venture Exchange under the symbol ‘VMET’.
Average Trading Volume: 18,806
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$283.8M
Find detailed analytics on VMET stock on TipRanks’ Stock Analysis page.