Specialist precious metals royalty company Metalla Royalty [TSXV:MTA] is looking increasingly well-positioned as the climate for bullion improves in Q1. The Canadian stock is a leveraged play on the precious metals sector, as it acquires royalties and streaming rights specifically from miners in the gold and silver space.
Royalty companies are creditors of mining companies and have effectively stripped out many of the risks of equity investors in mining stocks, but can still benefit from many of the same economics. Metalla Royalty has just reported to investors on a very successful year in 2022 and is extremely well positioned to benefit from further economics in the gold and silver sector this year.
Metalla Royalty's latest announced deal was only last month when it said it had secured a royalty purchase agreement from Alamos Gold Corp [NYSE:AGI] acquiring a silver stream and three royalties for C$5m common shares in Metalla. This was Metalla's second deal with Alamos Gold and adds what CEO Brett Heath describes as "meaningful silver leverage" to Metalla's portfolio.
The deal extends Metalla's portfolio to 85 royalties and streams while Alamos Gold, one of Canada's leading precious metals producers, picks up a 1.86% stake in Metalla.
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