EURO Ressources S.A.
ERRSF
Other OTC3.30
USD
+0.25
- -
ISIN
FR0000054678
Return %
Stock
S&P500
1Y
8.20
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Tidiane Barry
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 23, rue du Roule Paris France 75001
- IPO Date
- Sep 8, 2009
- Website
- goldroyalties.com
- Similar Companies
- Business
- EURO Ressources S.A. is a France-based precious metals royalty company primarily engaged in owning and managing royalty interests in gold production. Its main products and services include a 10% royalty interest on gold production from the Rosebel gold mine, located in Suriname and 95% owned by IAMGOLD Corporation, a silver stream agreement with a subsidiary of Orezone Gold Corporation, and royalties on mining concessions such as the Paul Isnard project in French Guiana. The company operates mainly in Suriname, French Guiana, and holds marketable securities related to the mining sector. Founded in 2002 and headquartered in Paris, France, EURO Ressources focuses on acquiring, holding, and monetizing royalties and streaming interests to generate revenue from precious metal mining operations. The latest major change for EURO Ressources is its acquisition by IAMGOLD Corporation, completed in February 2024 via IAMGOLD's wholly owned subsidiary IAMGOLD France S.A.S., resulting in EURO Ressources becoming a fully owned subsidiary of IAMGOLD. This acquisition integrated EURO’s royalties, especially the Rosebel royalty, into IAMGOLD’s portfolio, enhancing IAMGOLD’s exposure to gold production revenues. Prior to the acquisition, IAMGOLD already owned approximately 90% of EURO’s shares, and this transaction resulted in complete ownership. The acquisition also included EURO’s exploration permits and streaming agreements, aligning with IAMGOLD's strategic expansion in gold mining assets and royalties. Overall, EURO Ressources operates within the financial and mining sectors, focusing on royalty and streaming revenue models for precious metals, primarily gold and silver. Its core business model revolves around leveraging royalty rights from significant gold mining assets such as the Rosebel gold mine and generating steady income from mining production without direct involvement in mining operations. The company’s integration into IAMGOLD marks a significant corporate shift, positioning it within the broader operations of a major Canadian mining company with global interests. The company’s headquarters remain in Paris, France, and it maintains a presence in key mining regions including Suriname and French Guiana.
Precious Metals Royalty And Streaming Companies: The January Report
EURO Ressources: ESTABLISHMENT OF A SPECIAL COMMITTEE
EURO Ressources reports earnings for the third quarter and nine months ended September 30, 2023
Precious Metals Royalty And Streaming Companies: The August Report
EURO Ressources reports earnings for the second quarter and six months ended June 30, 2023