Professional
Added to YB: 2025-11-25
Pitch date: 2025-11-21
FISH.V [neutral]
Sailfish Royalty Corp.
+36.34%
current return
Author Info
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Company Info
Sailfish Royalty Corp. engages in the acquisition of precious metals royalty and streaming agreements.
Market Cap
CAD 257.0M
Pitch Price
CAD 3.15
Price Target
4.25 (-1%)
Dividend
1.48%
EV/EBITDA
664.10
P/E
685.67
EV/Sales
87.38
Sector
Metals and Mining
Category
value
Sailfish Royalty – Q3 Financials; Everything Going to Plan
FISH.V (earnings): Q3 beat w/ $0.9M revenue (+20% YoY), $0.4M adj EBITDA (51% margin). Spring Valley validated by Wheaton's $670M stream, implies $251M value for FISH's senior royalty vs $190M in model. Mount Hamilton closing Nov 24th adds 342oz/month stream. NAV $2.63, price target C$4.25 (+28% upside). Takeover candidate.
Read full article (6 min)