Versamet Shares Edge Back Up With Gold Royalty Play in Focus
Versamet Royalties shares closed Tuesday at C$17.00 on the TSX, up 14% since May 19, and at $12.31 on Nasdaq, gaining 3.53%. The company recently completed a $340 million gold stream deal at Eskay Creek. Gold prices fell for a second day, pressuring royalty stocks. Versamet posted record Q1 revenue of $24 million and 4,913 gold-equivalent ounces.