Commodity Price And Operational VolatilityAnalyst highlights that metal price volatility and underperformance of certain royalties have reduced reported production metrics versus guidance, increasing forecast uncertainty.
Milestone-based Funding ObligationsAnalyst warns that milestone-based payments tied to the acquisition create near-term funding obligations that could strain available cash resources.
Valuation Relative To PeersAnalyst observes that the stock's valuation appears in line with or higher than select peers, which may constrain upside potential for investors.