TSX

Versamet Royalties Corporation

VMET.TO•Basic Materials•Other Precious Metals & Mining
Current Price
$12.20
Today's Change
+0.00%
Market Cap
$1.14B
Volume
21.85K
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Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Versamet Royalties Corporation is a metals royalty and streaming company focused on acquiring and managing interests in mining operations. Key strengths include a high gross margin of 59.0% and an impressive EBITDA margin of 75.5%, indicating strong profitability. However, concerns arise from a low return on equity (1.2%) and a current ratio of 0.71, suggesting potential liquidity issues. The high margins paired with low ROE may indicate inefficiencies in capital utilization, warranting further investigation into operational effectiveness.

Based on 27 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$13.60
52 Week Low$4.50
Avg Volume19.51K
BetaN/A
Shares Outstanding93.37M

🔥 Valuation

Market Cap$1.14B
Enterprise Value$1.33B
P/E RatioN/A
EV/EBITDA ⚠️174.12x
Dividend Yield0.00%

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🚩 Red Flags

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High Debt Load

Debt of $375.0M is 28.3x the company's cash position of $13.2M.

🌟 Opportunities

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Exceptional revenue growth of 543.5% YoY demonstrates strong market demand and competitive positioning.

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Gross margin expanded by 44.3 percentage points, indicating improved pricing power or cost efficiency.

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Operating margin expanded by 88.2pp, demonstrating strong operational leverage.

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Both gross margin (+44.3pp) and operating margin (+88.2pp) are expanding simultaneously, indicating the company is scaling profitably.

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Operating margin of 58.1% demonstrates excellent operational efficiency.

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