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Sailfish Royalty - SROYF STOCK NEWS

Welcome to our dedicated page for Sailfish Royalty news (Ticker: SROYF), a resource for investors and traders seeking the latest updates and insights on Sailfish Royalty stock.

Sailfish Royalty Corp. (SROYF) is a precious metals royalty and streaming company with a portfolio of assets in the Americas. The company recently entered into a share purchase option agreement with CMC Metals Ltd. to acquire shares of Swordfish Silver Corp., enhancing its mineral rights in Mexico. Sailfish focuses on projects like the Gavilanes Silver Project in Durango, Mexico, and holds royalties on the San Albino gold mine in Nicaragua and the Spring Valley gold project in Nevada. The Company's Board of Directors has declared quarterly cash dividends, demonstrating financial stability and growth.

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Sailfish Royalty has declared its second quarterly cash dividend for 2024, set at US$0.0125 per common share. The dividend will be payable on July 15, 2024, to shareholders on record as of June 30, 2024.

The Board retains the discretion to alter future dividends based on the company's financial status and other factors. Additionally, Sailfish has decided to settle US$205,000 in accrued interest via issuing 221,696 common shares at a price of CDN$1.267 per share to holders of convertible debentures.

This share issuance involves related party transactions with Wexford Catalyst Trading and Wexford Spectrum Trading but is exempt from certain regulatory requirements. The issuance is pending TSXV approval and the shares will be under a four-month statutory hold.

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Sailfish Royalty Corp. (TSXV: FISH, OTCQX: SROYF) announced its Q1 2024 financial results. Key highlights include gold ounces earned from stream interests of 91, reflecting a decline from 360 in Q1 2023. Royalty revenue surged to $161,987, up from $0 in the same period last year. Total revenues stood at $357,955, down from $676,478 in Q1 2023. The company reported a gross profit of $248,088 compared to $366,181 a year ago. Notably, Sailfish achieved a net income of $148,034, a recovery from a net loss of $609,557 in Q1 2023. The firm repurchased and canceled 516,100 common shares and declared a quarterly dividend of $0.0125 per share. Subsequent to Q1, Sailfish received 13,500 ounces of silver, canceled 348,700 shares, and purchased 321,200 shares on the market.

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Sailfish Royalty Corp. reported its annual and Q4 2023 results, showcasing positive highlights such as earnings of 1,078 gold ounces from stream interests and royalty revenue of $261,106 for the year. The company also declared a quarterly dividend of $0.0125 per common share for Q1-Q4 2023. However, there was a net loss of $1,105,864 for the year. In Q4 2023, Sailfish earned 243 gold ounces and recorded $246,445 in royalty revenue. The company achieved a gross profit of $499,999 and a net income of $204,956 for the quarter. Despite these positive results, there was an overall decrease in total revenues from 2022 to 2023.

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Sailfish Royalty Corp. announces the progress made in the permitting process for the Spring Valley Mine Project in Nevada. The Company's royalty portfolio covers 100% of the proposed open pit with a 3% net smelter return royalty. The project includes various facilities and activities, with an expected 29-year lifespan employing a workforce of up to 250 employees. Sailfish holds different NSR royalties on portions of the open pit area. The Spring Valley Mine Project hosts a 2014 NI 43-101 compliant report.
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Sailfish Royalty Corp. (SROYF) declares its first quarterly cash dividend for 2024 of US$0.0125 per common share. The Board of Directors will review future dividends based on financial position and other factors. The Company also announces the termination of the share purchase option agreement with CMC Metals regarding the acquisition of Swordfish Silver Corp.
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Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) has entered into a share purchase option agreement with CMC Metals Ltd. to acquire all shares of Swordfish Silver Corp., which holds mineral rights to the Gavilanes property in Mexico. CMC will make cash payments, issue common shares, and incur exploration expenditures to exercise the option.
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Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) declares fourth quarterly cash dividend of US$0.0125 per common share payable on January 15, 2024. The company also completed the issuance of 219,397 common shares at a price of C$1.28 per Share in settlement of interest owed to the holders of convertible debentures dated May 24, 2023.
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Sailfish Royalty Corp. (TSXV: FISH) (OTCQX: SROYF) settles US$205,000 in interest through the issuance of 219,397 common shares at a price of CDN$1.28 per share to holders of convertible debentures. The issuance to Interested Parties constitutes a related party transaction, exempt from formal valuation and minority shareholder approval requirements. The shares will be subject to a four-month hold period upon TSXV approval.
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Sailfish Royalty Corp. (FISH) Announces Q3 2023 Financial Results: Revenues of $413,978 and $1,620,104 for the three and nine months ended September 30, 2023, with a net loss of $267,312 and $1,310,820 for the same periods. The company also repurchased 780,700 common shares and declared quarterly dividends of $0.0125 per common share.
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Sailfish Royalty Corp. is pleased to report the updated mineral resource estimate for the San Albino Project, including the Las Conchitas deposit in Nicaragua. The Measured and Indicated mineral resource stands at 670,100 tonnes at a diluted grade of 11.61 g/t Au for 250,200 gold ounces, with an Inferred mineral resource of 383,300 tonnes at a diluted grade of 10.54 g/t Au for 129,900 gold ounces.
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FAQ

What is the current stock price of Sailfish Royalty (SROYF)?

The current stock price of Sailfish Royalty (SROYF) is $1.1 as of February 28, 2025.

What is the market cap of Sailfish Royalty (SROYF)?

The market cap of Sailfish Royalty (SROYF) is approximately 67.4M.

What does Sailfish Royalty Corp. (SROYF) specialize in?

Sailfish Royalty Corp. is a precious metals royalty and streaming company with assets in the Americas.

What recent agreement has Sailfish Royalty Corp. entered into?

Sailfish Royalty Corp. recently entered into a share purchase option agreement with CMC Metals Ltd. to acquire shares of Swordfish Silver Corp.

What projects does Sailfish Royalty Corp. focus on?

Sailfish Royalty Corp. focuses on projects like the Gavilanes Silver Project in Durango, Mexico, and has royalties on the San Albino gold mine in Nicaragua and the Spring Valley gold project in Nevada.

What recent financial update has Sailfish Royalty Corp. announced?

Sailfish Royalty Corp.'s Board of Directors declared quarterly cash dividends, showcasing financial stability and growth.

Where can I find more information about Sailfish Royalty Corp. (SROYF)?

For additional information on Sailfish Royalty Corp., visit their website at www.sailfishroyalty.com.
Sailfish Royalty

OTC:SROYF

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SROYF Stock Data

67.38M
69.00M
5.13%
65.41%
Gold
Basic Materials
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