Sailfish Royalty Corp. Reports Q1 2025 Financial Results
Sailfish Royalty Corp., a precious metal mining company operating in the Materials sector and Metals & Mining industry, has released its financial results for the first quarter of 2025. The company, based in Tortola, British Virgin Islands, is listed on the TSX Venture Exchange and trades in Canadian dollars (CAD).
Financial Highlights for Q1 2025:
Gold Ounces Earned: The company earned 18 gold ounces from its stream interests during the quarter ended March 31, 2025, compared to 91 ounces in the same period the previous year.
Royalty Revenue: Royalty revenue for the quarter was $535,923, a significant increase from $161,987 in Q1 2024.
Total Revenues: Total revenues reached $587,220, up from $357,955 in the same quarter of the previous year.
Gross Profit: Gross profit for the quarter was $562,488, compared to $248,088 in Q1 2024.
Net Loss: Despite the increase in revenues and gross profit, the company reported a net loss of $75,718 for the quarter, contrasting with a net income of $148,034 in Q1 2024.
Share Repurchase Activity:
During the quarter, Sailfish Royalty Corp. repurchased and canceled an aggregate of 182,600 common shares under its current normal course issuer bid.
Company Overview:
Sailfish Royalty Corp. focuses on exploring and producing gold and other precious metal products. As of May 27, 2025, the company’s close price was CAD 2.07, with a market capitalization of CAD 111,090,000. The company’s price-to-earnings ratio stands at 100.07, reflecting its current financial standing.
These results were announced on May 29, 2025, by Newsfile Corp., highlighting the company’s ongoing efforts in the precious metals sector despite the reported net loss for the quarter.