Royalties, Inc.
0.11
CAD
+0.00
(-4.35%)
ISIN
CA7807641062
CUSIP
780764106
Return %
Stock
S&P 500
1Y
57.14
14.20
3Y
340.00
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
CAD
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in mil. unless spec.Growth Rates
CAD
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in mil. unless spec.Quarterly Revenue
CAD
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
CAD
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in mil. unless spec.Company Description
- CEO
- Timothy David Gallagher
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Toronto Canada
- IPO Date
- Apr 12, 2023
- Website
- royaltiesinc.com
- Similar Companies
- Business
- Royalties Inc. is a diversified investment and royalty holding company that acquires, manages, and expands a portfolio of cash-flow-generating royalties across the natural resources and entertainment sectors. Founded in 2008 and headquartered in Toronto, Canada, the company operates across two primary business divisions: Resource Royalties and Entertainment Intellectual Property. Its core products, assets, and service offerings include mineral royalty interests and property holdings, such as a 100% interest in the Bilbao polymetallic silver-lead-zinc-copper development project located in the State of Zacatecas, Mexico; a retained 1.5% net smelter return royalty on the Bilbao project; and an 88% controlling equity interest in Minera Portree de Zacatecas, S.A. de C.V., which holds a 2% net smelter return royalty interest on mining concessions at the Cozamin copper-silver mine in Mexico. In the media and entertainment sector, the company provides investment exposure to passive intellectual property cash flows via an equity holding in Music Royalties Inc., which manages a portfolio of more than thirty commercial music catalogs generating revenue from digital streaming platforms including Spotify and Apple Music; public performance royalties across broadcast radio, television, and live venues; synchronization licensing for motion pictures, streaming series, and commercial advertising; and physical and digital mechanical reproduction rights. The company previously operated under the name Xtierra Inc. and completed a major strategic transformation in April 2023, shifting its primary business model from mineral exploration to diversified royalty acquisition, rebranding to Royalties Inc., delisting from the TSX Venture Exchange, and listing its common shares on the Canadian Securities Exchange under the ticker symbol RI. In recent operational and corporate developments, Royalties Inc. has pursued legal enforcement and criminal investigation proceedings through its subsidiary Minera Portree de Zacatecas in Mexico to obtain production verification and recover historical unpaid royalty entitlements from Capstone Copper Corp. on the Cozamin mine concessions. In addition, the company continues to generate regular investment returns through its Music Royalties Inc. holdings, which marked its 80th consecutive monthly dividend distribution, while advancing technical and economic assessments on the Bilbao silver-lead-zinc deposit to prepare the asset for future commercial monetization or partnership opportunities.