Summit Royalties Ltd

Summit Royalties Ltd

SUM.V
Summit Royalties LtdCA flagToronto Stock Exchange Ventures
1.55
CAD
+0.01
- -
160.55MMarket Cap
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.22
0.16
Basic EPS, GAAP
- -
0.05
0.03
Free Cash Flow per Basic Share
- -
-0.54
-0.02
Dividend per Share
- -
- -
- -
Book Value per Share
- -
0.57
0.43
Tangible Book Value per Share
- -
0.57
0.43
Basic Weighted Avg Shares
- -
38
67
Sales/Revenue/Turnover
- -
8
11
Operating Margin (%)
- -
66.8
56.79
Depreciation Expense
- -
- -
- -
Net Income, GAAP
- -
2
2
Effective Tax Rate (%)
- -
42
19.59
Profit Margin (%)
- -
24.24
16.27
Working Capital
- -
5
4
LT Debt
- -
- -
- -
Total Equity
- -
40
44
Return on Invested Capital (%)
- -
15.85
- -
Return on Capital (%)
- -
9.92
28.55
Return on Common Equity (%)
- -
- -
36.5

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
71
71
102
Market Capitalization
80
78
102

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7
7
7
Cash, Cash Equivalents & STI
6
6
4
Accounts Receivable, Net
- -
1
1
Inventories
- -
- -
- -
Total Current Liabilities
2
2
3
Payables & Accruals
2
2
3
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-59,461.95%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
8
8
2026
4
-1
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
-0.01
- -
0.05
2026
0.03
-0.03
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Andrew Clark
Sector
Financial Services
Industry
Financial - Conglomerates
Address
100 King Street West Toronto ON Canada M5X 1A4
IPO Date
Dec 23, 2025
Business
Summit Royalties Ltd. operates as a precious-metals royalty and streaming company that acquires, holds and manages royalties and metal-streaming interests in mining projects, providing investors with exposure to gold, silver and other mineral production without directly operating mines. The Company’s portfolio comprises 48 royalty and streaming assets, including four producing assets and development- and exploration-stage interests. Its principal interests include a 50% silver stream on the Bomboré mine in Ganzourgou Province, Burkina Faso, operated by Orezone Gold Corporation; an $80-per-ounce production royalty on the first 250,000 ounces of gold sold and a subsequent 1.5% net smelter returns royalty on Jaguar Mining Inc.’s Pitangui project in Minas Gerais, Brazil; a 0.5% net smelter returns royalty on Denarius Metals Corp.’s Zancudo mine in Titiribí, Colombia; a 3.0% net smelter returns royalty on Lavras Gold Corp.’s Lavras do Sul project in Rio Grande do Sul, Brazil; a 1.0% net smelter returns royalty on West Red Lake Gold Mines Ltd.’s Madsen mine in Ontario, Canada; royalty interests in the AurMac gold project in Yukon, Canada; and a 4% gold stream on Mining Americas Inc.’s Copperstone project in Arizona, United States. The portfolio also includes a 2% mineral royalty on the Keysbrook mineral-sands operation in Western Australia and additional interests across precious-metals, base-metals, industrial-mineral and exploration properties. Summit targets mining operators and project developers in Canada, the United States, Latin America, Africa and Australia, generating or seeking to generate revenue through royalty payments and deliveries of streamed metals linked to underlying mine production and commodity prices. The Company traces its current operating platform to its initial royalty and stream transaction in May 2025 and completed a reverse takeover of Eagle Royalties Ltd. in November 2025, after which its common shares began trading on the TSX Venture Exchange under the symbol SUM. Summit is headquartered in Toronto, Ontario, Canada. In July 2026, the Company completed the acquisition of Star Royalties Ltd. through a plan of arrangement, issuing 28,944,162 common shares of Summit at an exchange ratio of 0.36 Summit shares per Star share; the transaction expanded Summit’s portfolio to 48 royalties and streams, added the Copperstone gold stream, and added Star’s interests in Green Star Royalties Ltd., a royalty platform focused on carbon credits, cleantech and decarbonization projects. Concurrently, Summit appointed former Star executives Kevin MacLean as Chief Investment Officer and Kathy Lai as Vice President, Finance, and appointed Jay Layman to its board. In July 2026, Summit also entered into a revolving credit agreement with National Bank of Canada providing an initial US$25 million commitment and an accordion feature for up to an additional US$25 million, for total potential borrowing capacity of US$50 million; the three-year facility supports working capital, general corporate purposes and permitted royalty and streaming acquisitions.