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Royalties Inc. Achieves DTC Eligibility to Boost U.S. Market Presence

Story Highlights

Xtierra ( (TSE:RI) ) has shared an announcement.

Royalties Inc. has announced that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company (DTC), which is expected to enhance trading efficiency and liquidity. This development marks a significant milestone in attracting U.S. investors and simplifies trading under the U.S. symbol ‘ROYIF’ on the OTC Markets platform, with plans to apply for an OTCQB listing.

More about Xtierra

Royalties Inc. is involved in the mining industry with a 100% interest in the Bilbao silver-lead-zinc-copper project in Zacatecas, Mexico. The company also holds a significant stake in Minera Portree de Zacatecas, which has a claim to a net smelter royalty on mining concessions operated by Capstone Copper Corp. Additionally, Royalties Inc. has a 2% stake in Music Royalties Inc., which manages cash-flowing catalogs and has paid substantial dividends.

YTD Price Performance: 12.50%

Average Trading Volume: 47,205

Technical Sentiment Signal: Sell

Current Market Cap: C$8.76M

See more insights into RI stock on TipRanks’ Stock Analysis page.

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