Ely Gold Royalties Analysis
This article was first published and made available to subscribers of my marketplace service on April 2, 2020, when the stock traded at US$.50. It has been edited and updated.
Recent stock price: US$1.30 (C$.68)
Shares outstanding: 119.3 million
Market cap: US$190.89 million (C$259 million)
52-week range: $.13-1.48
Ely Gold Royalties is a small company in the royalty space (sub-$200 million market cap), but it is growing fast and has been completing some attractive deals lately. It also has strong third-party operators on its royalties - such