Earnings ·
Versamet Royalties reports $68.8M revenue and $22.7M net income for first nine months of 2026
VMETVersamet Royalties Corp
Versamet Royalties reported total revenue of $68.8 million and net income of $22.7 million for the nine months ended September 30, 2026, compared to $16.4 million in revenue and $5.3 million in net income during the same period last year. The results were driven by higher realized commodity prices and additional paying assets, including the commencement of production at Blackwater and Kiaka. Attributable gold equivalent ounces (GEOs) increased 181% to 15,127 from 5,385 in the prior-year period. Adjusted EBITDA rose to $55.1 million from $9.4 million. The company also acquired a 3.52% life-of-mine gold stream at Eskay Creek for $360 million earlier in the year. Versamet Royalties is a precious metals focused royalty and streaming company with exposure to gold, silver, copper, zinc, graphite and uranium.