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Updated 2h ago
VMET logo

Versamet Royalties CorporationTSX:VMET Stock Report

Market Cap CA$1.5b
Updated 2h ago
Share Price
n/a
1Y55.1%
7D-4.7%
1D-1.1%
Portfolio Value
​
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Versamet Royalties Corporation

TSX:VMET Stock Report

Market Cap: CA$1.5b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Versamet Royalties (VMET) Stock Overview

Operates as metals royalty and streaming company, engages in the acquiring and managing royalties, streams, and other similar interests on metals and mining operations and projects in Peru, the United States, Africa, and Canada. More details

VMET fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance1/6
Financial Health1/6
Dividends0/6

Rewards

Trading at 72.6% below our estimate of its fair value

Earnings are forecast to grow 38.51% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 44%

Risk Analysis

Debt is not well covered by operating cash flow

High level of non-cash earnings

Shareholders have been diluted in the past year


VMET Community Fair Values

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CA$
Current Price
CA$13.1847.9% undervalued intrinsic discount
%/yr
Decrease
Increase
PastFuture-3m305m2016201920222025202620282031Revenue US$304.5mEarnings US$152.0m
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Versamet Royalties Corporation Competitors

Amerigo Resources

Symbol: TSX:ARG
Market cap: CA$1.4b

Major Drilling Group International

Symbol: TSX:MDI
Market cap: CA$1.3b

Santacruz Silver Mining

Symbol: TSXV:SCZ
Market cap: CA$1.2b

Alphamin Resources

Symbol: TSXV:AFM
Market cap: CA$1.8b

Price History & Performance

Summary of share price highs, lows and changes for Versamet Royalties
Historical stock prices
Current Share PriceCA$13.18
52 Week HighCA$19.06
52 Week LowCA$7.93
Beta0
1 Month Change-6.39%
3 Month Change-25.49%
1 Year Change55.06%
3 Year Changen/a
5 Year Changen/a
Change since IPO139.64%

Recent News & Updates

Recent updates

Analysis Article • Sep 08

Here's Why Versamet Royalties (CVE:VMET) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

VMETCA Metals and MiningCA Market
7D-4.7%-4.6%-2.0%
1Y55.1%43.1%22.3%

Return vs Industry: VMET exceeded the Canadian Metals and Mining industry which returned 43.1% over the past year.

Return vs Market: VMET exceeded the Canadian Market which returned 22.3% over the past year.

Price Volatility

Is VMET's price volatile compared to industry and market?
VMET volatility
VMET Average Weekly Movement8.1%
Metals and Mining Industry Average Movement10.7%
Market Average Movement9.3%
10% most volatile stocks in CA Market16.4%
10% least volatile stocks in CA Market3.7%

Stable Share Price: VMET has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: VMET's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20116Dan O'Flahertyversamet.com

Versamet Royalties Corporation operates as metals royalty and streaming company, engages in the acquiring and managing royalties, streams, and other similar interests on metals and mining operations and projects in Peru, the United States, Africa, and Canada. It explores for silver, gold, copper, graphite, lead, uranium, zinc, and molybdenum metals. Versamet Royalties Corporation was formerly known as Sandbox Royalties Corp. and changed its name to Versamet Royalties Corporation in June 2024.

Versamet Royalties Corporation Fundamentals Summary

How do Versamet Royalties's earnings and revenue compare to its market cap?
VMET fundamental statistics
Market capCA$1.45b
Earnings (TTM)CA$51.54m
Revenue (TTM)CA$103.25m
27.8x
P/E Ratio
13.9x
P/S Ratio

Is VMET overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
VMET income statement (TTM)
RevenueUS$74.18m
Cost of RevenueUS$20.15m
Gross ProfitUS$54.03m
Other ExpensesUS$17.00m
EarningsUS$37.03m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.34
Gross Margin72.84%
Net Profit Margin49.92%
Debt/Equity Ratio95.0%

How did VMET perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/15 21:36
End of Day Share Price 2026/09/15 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Versamet Royalties Corporation is covered by 8 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nicolas DionATB Cormark
Rene CartierBMO Capital Markets Equity Research
Carey MacRuryCanaccord Genuity

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