Sailfish Royalty Corp (TSXV:FISH) put out some very solid numbers in late April, with record Q4 2021 results. It celebrated a great year including delivery of 823 ounces of gold, primarily from the gold stream equivalent to a 3% NSR on the San Albino gold mine.
In this article we take a closer look at Sailfish Royalty, having had the good fortune to meet with management at the Swiss Mining Institute conference in March organised by Bally Capital. We also explain for newbie investors in mining stocks a little bit more about royalty companies and how they make their cash.
What does a mining royalty company do?
Royalty companies provide financing for mining companies, firms which can sometimes find it tough to secure loans from banks due to the high risk nature of their business. A listed royalty company can provide vital financing a miner needs, in return for which they get a cut in the profits or indeed sometimes some of the end product which they can sell at market prices.
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