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Sailfish Royalty ( (TSE:FISH) ) just unveiled an update.
Sailfish Royalty Corp. reported its financial results for 2024, showing a significant improvement with a net income of $550,033 compared to a net loss in 2023. The company saw increased revenues and gross profits, driven by higher royalty revenues and silver sales. Despite a net loss in the fourth quarter, Sailfish declared quarterly dividends throughout 2024 and initiated a dividend reinvestment plan in 2025, reflecting a positive outlook for stakeholders.
Spark’s Take on TSE:FISH Stock
According to Spark, TipRanks’ AI Analyst, TSE:FISH is a Neutral.
Sailfish Royalty’s overall score is impacted by mixed financial results, with strong profitability and balance sheet stability being offset by revenue inconsistency and cash flow issues. While technical indicators show moderate upward momentum, the high P/E ratio suggests a pricey valuation. Recent corporate events are positively received, aligning management interests with company performance.
To see Spark’s full report on TSE:FISH stock, click here.
More about Sailfish Royalty
Sailfish Royalty Corp. is a precious metals royalty and streaming company with a portfolio of assets in the Americas. Key assets include a gold stream on the San Albino gold mine in Nicaragua, a net smelter royalty on the Spring Valley gold project in Nevada, and a 100% interest in the Gavilanes Silver Project in Mexico. The company is listed on the TSX Venture Exchange and OTCQX.
YTD Price Performance: 30.93%
Average Trading Volume: 26,443
Technical Sentiment Signal: Sell
Current Market Cap: $89.05M
Learn more about FISH stock on TipRanks’ Stock Analysis page.