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) news covers the activities of a precious metals royalty and streaming company with NSR and stream interests on gold and silver projects in the Americas. The company’s updates frequently highlight developments at its key assets, including San Albino in Nicaragua, the Spring Valley gold project in Nevada, the Gavilanes Silver Project in Mexico, and new transactions such as the Mt. Hamilton gold‑silver stream and royalty in Nevada.
Investors following SROYF news can expect regular coverage of quarterly financial and operating results, where Sailfish reports royalty revenue, total revenues, gross profit, net income or loss, and gold and silver ounces earned from stream interests. These releases also describe share repurchases under normal course issuer bids, dividend declarations, and subsequent events such as additional share buybacks or receipt of metal deliveries.
Company news also includes transaction and portfolio updates, such as the acquisition of a five‑year gold stream and subsequent 2% NSR on the permitted Mt. Hamilton Gold‑Silver Project, the conversion of the Gavilanes property into a 2% NSR, and the exercise of an option to purchase remaining silver production from Mako Mining Corp.’s San Albino mine. Regulatory and permitting milestones at Spring Valley, including the issuance of a Final Environmental Impact Statement and approval for construction and operation of an open‑pit mine and heap leach facility, are another recurring theme.
Corporate actions, including normal course issuer bids, changes in OTC market tier, engagement of research providers, and the appointment of strategic advisors to review potential alternatives, are also disclosed through news releases. For a consolidated view of these developments, this news page aggregates Sailfish Royalty Corp. headlines so readers can review dividend announcements, royalty acquisitions, permitting progress and financial updates in one place.
Sailfish Royalty Corp. (OTCQX: SROYF) announced strong operating results for 2021, earning 823 ounces of gold and generating revenues of $1,475,283. The company's gross profit was $780,977, and it reported a net income of $3,268,873. During Q4 2021, Sailfish earned 394 ounces of gold, with revenues of $702,687 and a gross profit of $372,964, although it faced a net loss of $486,936. The company declared dividends of $0.0125 per share and continues to rank among high-yield dividend payers in the precious metals sector.
Sailfish Royalty Corp. (SROYF) is progressing discussions to finalize a transaction with Pubco, aiming to establish a silver-focused exploration company. This will involve transferring the Gavilanes silver project in Durango, Mexico, to Pubco in exchange for shares, contingent upon the acquisition of the Commonwealth silver-gold project and a planned US$5,000,000 private placement. Recent exploration work at both projects indicates substantial growth potential, with new veins identified at Gavilanes and ongoing geophysical studies at Commonwealth.
Sailfish Royalty Corp. announced updates regarding its 3% net smelter return royalty on the San Albino gold mine and 2% NSR on the Las Conchitas area in Nicaragua. Mako Mining Corp. initiated a US$17.2 million drilling campaign covering 110,080 meters. CEO Cesar Gonzalez noted that this drilling program aims to enhance cash flow and mine planning at San Albino, with results expected soon. Additionally, the company focuses on completing a maiden resource estimate at Las Conchitas within 2022, signifying potential growth opportunities.
Sailfish Royalty Corp. (SROYF) announced a quarterly dividend of US$0.0125 per common share, payable on April 15, 2022. Shareholders of record as of March 31, 2022 will receive this payment. The company also disclosed that it has repurchased and canceled 1,948,700 common shares since July 13, 2021 as part of its Normal Course Issuer Bid, indicating a commitment to enhancing shareholder value. Sailfish operates primarily in the Americas, focusing on precious metals royalties, with significant assets in Nicaragua and Nevada.