Sailfish Royalty Corp. Reports Promising Drill Results at El Golfo

The latest update is out from Sailfish Royalty ( (TSE:FISH) ).

Sailfish Royalty Corp. has announced promising initial results from Mako Mining Corp.’s 2025 reverse circulation drill program at the El Golfo area, where Sailfish holds a 2% net smelter return royalty. The drilling revealed significant gold and silver mineralization, with a notable intersection of 39.15 g/t gold and 27.8 g/t silver over 8.0 meters. These findings, along with other ongoing exploration efforts, suggest potential for resource expansion and extended cash flow duration, benefiting Sailfish’s royalty interests. Additionally, Sailfish has received approval from the TSX Venture Exchange to settle outstanding interest through the issuance of common shares, further strengthening its financial position.

The most recent analyst rating on (TSE:FISH) stock is a Buy with a C$2.00 price target. To see the full list of analyst forecasts on Sailfish Royalty stock, see the TSE:FISH Stock Forecast page.

Spark’s Take on TSE:FISH Stock

According to Spark, TipRanks’ AI Analyst, TSE:FISH is a Neutral.

Sailfish Royalty’s overall stock score reflects a mix of positive technical momentum and strong corporate strategy developments, countered by financial performance challenges and a high P/E ratio. While the company’s future prospects look promising with potential cash flow enhancements from strategic projects, the current financial and valuation metrics suggest caution.

To see Spark’s full report on TSE:FISH stock, click here.

More about Sailfish Royalty

Sailfish Royalty Corp. operates in the precious metals industry, focusing on acquiring and managing royalty and streaming agreements. The company primarily deals with gold and silver, leveraging its strategic partnerships and interests in mining projects to enhance shareholder value.

Average Trading Volume: 26,240

Technical Sentiment Signal: Buy

Current Market Cap: C$144.7M

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