Royalty companies are becoming increasingly popular with seasoned mining investors at the moment. Part of their attraction is that they can build a diversified portfolio of investments and enjoy predictable income flows, which in the current economic environment, can be welcome. Royalty agreements are often negotiated with junior miners in need of finance or indeed with families that inherit or own stakes of land where a miner is exploring.
Empress Royalty (TSXV:EMPR) is one such royalty company, owning a portfolio of 17 investments in the precious metals sector. It is forecasting over USD 28m in revenue over the next three years. It specialises in both royalty agreements (aka Net Smelter Return) and streaming agreements (where it can receive a percentage of the metals produced by the mine).
Want the full story? Access all of The Armchair Trader's content for just £5.99 per month.
Get weekly investment ideas and tips that will take your investing to the next level. Sign up here.
Free 28 day trial. Cancel anytime.
Log In or Sign Up to Armchair Trader+Already a member? Log in here:
Not a member? Sign up now or see the membership benefits
Further content of this article is not available as it is for members only. Please visit the registration page for Armchair Trader Plus+ for further details on the benefits of becoming a member.
