Versamet Royalties Corp.

Versamet Royalties Corp.

VMET
Versamet Royalties Corp.US flagNASDAQ Global Market
8.42
USD
-0.06
- -
916.34MMarket Cap
Versamet Royalties Corp.
VMET
(NASDAQ Global Market)

Recent

price

8.42

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
TTM
FRC
- -
0.03
0.13
0.37
0.74
Revenue per Share
- -
-0.03
-0.03
0.22
0.37
Basic EPS, GAAP
- -
0.01
0.08
0.18
-0.75
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
Dividend per Share
0.69
1.23
2.28
2.5
3.63
Book Value per Share
0.69
1.23
2.28
2.5
3.63
Tangible Book Value per Share
- -
93
93
93
100
Basic Weighted Avg Shares
- -
3
12
35
74
Sales/Revenue/Turnover
- -
-82.93
-36.03
16.79
39.06
Operating Margin (%)
- -
1
1
6
13
Depreciation Expense
- -
-3
-2
20
37
Net Income, GAAP
- -
- -
- -
31.32
29.78
Effective Tax Rate (%)
- -
-99.51
-20.36
58.49
49.92
Profit Margin (%)
-2
-4
-7
-9
-15
Working Capital
6
27
1
141
325
LT Debt
64
114
211
234
395
Total Equity
- -
- -
- -
1.27
3.93
Return on Invested Capital (%)
- -
- -
- -
9.12
9.02
Return on Capital (%)
- -
-3.52
-1.51
9.13
12.17
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
30
- -
50
LT Borrowings
141
45
325
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
93
106
109
Market Capitalization
- -
1,005
1,339

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
24
30
37
Cash, Cash Equivalents & STI
4
6
13
Accounts Receivable, Net
10
11
10
Inventories
- -
- -
- -
Total Current Liabilities
33
1
53
Payables & Accruals
3
1
3
ST Debt
30
- -
50
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
10.71%
Free Cash Flow
- -
- -
129.08%
Net Income, GAAP
- -
- -
-930.56%
Sales/Revenue/Turnover
- -
- -
189.07%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3
3
3
3
12
2025
3
5
8
18
35
2026
24
24
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.01
0.04
- -
-0.03
2025
0.02
- -
0.04
- -
0.22
2026
0.14
0.05
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Versamet Royalties Corporation engages in metals royalty and streaming, acquiring and managing royalties, streams, and related interests on mining operations and projects worldwide. The company focuses on precious metals and base metals exposure, spanning silver, gold, copper, and other metals, with assets in Peru, Africa, and Canada, among others. Versamet builds a diversified portfolio of royalties and streams that generate cash flow from mining operations, including production-stage and development-stage assets. Core activities include acquiring royalties and streams, asset portfolio management, revenue optimization from existing streams, and ongoing evaluation of new opportunities to expand cash flows and GEOs (governmental equivalence of outputs). The company operates with a global footprint, supported by headquarters in Vancouver, Canada, and a governance and corporate structure designed to facilitate cross-border acquisitions, asset integration, and royalty administration. Founding year is 2011, with Versamet publicly reporting through multiple listings, including the TSX and NASDAQ Capital Market, under the VMET ticker. Subsidiaries and partnerships support asset origination, portfolio management, and royalty administration, aligning with Versamet’s strategy to evolve into a mid-tier metals royalty and streaming entity. Recent activity includes strategic asset acquisitions, like new streams and royalties, ongoing portfolio optimization, and continued expansion into high-quality mining projects to sustain revenue growth and broaden GEO generation. Regulatory filings and market disclosures indicate a focus on expanding the asset base, improving cash flow visibility, and enhancing geographic diversification to mitigate concentration risk and pursue accretive growth. Major changes over the last 1–2 years include acquisitions of significant streams, integration of newly acquired cash-flow assets, and corporate actions supporting diversified asset generation, alongside listings on additional exchanges to broaden investor access. Versamet’s product and service suite centers on royalty agreements, streaming arrangements, asset origination, portfolio management, and related financial engineering that monetize mineral production across a global portfolio. The company targets diversified end markets including institutional investors, mining operators, and project developers seeking exposure to precious and base metals through non-operating royalty and streaming securities, with revenue linked to metal production, mining milestones, and commodity price cycles.

Company News

  • Versamet Royalties Announces Inclusion in the GDXJ and Publication of 2026 Asset Handbook

  • Versamet Royalties Reports Record Gold Equivalent Ounces for Q2 2026

  • Versamet Royalties Announces Results of Annual General and Special Meeting of Shareholders

  • Versamet Royalties Reports Record Operating and Financial Results for Q1 2026

  • The Top 10 Gold Royalty And Streaming Companies

  • Versamet Royalties Completes Acquisition of Cornerstone Canadian Gold Stream on Eskay Creek

  • Versamet Royalties Acquires Cornerstone Canadian Gold Stream on Eskay Creek

  • Versamet Royalties Welcomes Juan Presa to Its Board of Directors

  • Versamet Royalties Reports Record Revenue, Cash Flow and Earnings for Q4 2025 and Full Year 2025

  • Versamet Royalties to Commence Trading on Nasdaq

  • Versamet Royalties Upsizes Revolving Credit Facility to $225 Million

  • Versamet Royalties Delivers Record GEOs for 2025 and Provides 2026 Guidance

  • Versamet Royalties Closes C$22 Million Private Placement with Tether

  • Versamet Royalties Closes C$142 Million Bought Deal Financing

  • Versamet Royalties Graduates to the Toronto Stock Exchange

  • Versamet Royalties Welcomes Tether Investments and the Lundin Family as New Cornerstone Shareholders

  • Versamet Royalties Announces Record Operating and Financial Results for the Third Quarter of 2025