Welcome to our dedicated page for Royalties news (Ticker: XRESF), a resource for investors and traders seeking the latest updates and insights on Royalties stock.
Royalties Inc. (XRESF) is a diversified royalty company based in Toronto, Canada, focusing on acquiring and managing cash-flowing music royalties. In 2023, the company completed a significant name change and business shift to concentrate on revenue-generating royalty opportunities. Royalties Inc. has obtained several music royalties from various catalogs, including a monthly dividend from Music Royalties Inc. The company also holds interests in mining royalties, including the Bilbao property and a legal claim against Capstone Copper Corp. in Mexico. Financially, Royalties Inc. recorded dividend and royalty income, as well as assets and liquidity updates in its recent financial statements.
FAQ
What is the market cap of Royalties (XRESF)?
The market cap of Royalties (XRESF) is approximately 4.5M.
What is Royalties Inc. (XRESF) focused on acquiring?
Royalties Inc. (XRESF) is focused on acquiring and managing cash-flowing music royalties through various catalogs.
What significant changes did Royalties Inc. undergo in 2023?
In 2023, Royalties Inc. completed a name change and a business shift to concentrate on revenue-generating royalty opportunities.
What are some of the recent acquisitions made by Royalties Inc. (XRESF)?
Royalties Inc. (XRESF) recently acquired music royalties from various catalogs, including a monthly dividend from Music Royalties Inc.
What are the mining interests held by Royalties Inc. (XRESF)?
Royalties Inc. (XRESF) holds interests in mining royalties, including the Bilbao property and a legal claim against Capstone Copper Corp. in Mexico.
What financial updates were recorded by Royalties Inc. in the recent financial statements?
Royalties Inc. recorded dividend and royalty income, as well as assets and liquidity updates in its recent financial statements.