Elemental Royalty Corporation Common Stock

5 days ago 57:12

Key Highlights

On Elemental's divestment of its project generation business, Lundin says it gives Dave Cole something to do and calls Cole a brilliant guy who excels in that role.
Lundin argues Fred Bell and the Elemental team excel at the royalty business in a tougher environment by doing win-win deals that make them trusted counterparties.
He points out that in several of Elemental's royalty purchases, sellers take Elemental stock for a significant portion or all of the price because they are bullish on the team.
Lundin says Elemental's big deal was made accretive by design, regrets never recommending the stock despite early presentations from Fred Bell, and thinks the company is primed for big moves.

Brien Lundin argues rising yields triggered a gold dip, but the monetary-metals bull market remains intact and dips are buying opportunities. He sees miners undervalued relative to metals, with developers newly able to fund their own projects and explorers better funded than ever. He favors silver over gold for most of the bull market, using the gold-silver ratio for valuation rather than trade timing. He expects fiat-currency strain and bond-market stress to drive metals higher, with liquidity cushions letting investors buy crisis sell-offs. He runs through listener questions on Silver47, Sunpeak Metals, Amarc Resources, Elemental Royalty and other junior resource names.

Elemental Royalty Corp – US$290 Million Acquisition of 5 Streams & Royalties, Generation Divestment

7 days ago 29:23

Key Highlights

Elemental is acquiring five streams and royalties for US$290 million (US$200 million cash plus US$90 million equity to Orion Mine Finance), which Bell says is immediately NAV-accretive and materially accretive to revenue per share, taking producing assets to more than 20.
In parallel, Elemental is divesting its Generation business to Carlin East, with CEO David Cole resigning to lead that company, while Elemental keeps a cornerstone equity stake and exposure to the 100-plus early-stage royalties, leaving a simpler pure-play royalty company with a portfolio of over 250 royalties.
Bell says the generative side represents about 60% of staff and 30% of G&A; headcount falls from roughly 45 to about 20 people, and the announcement cites a G&A reduction of over 25%.
Bell says the average value of Elemental's top eight assets has risen from about $35 million 15 months earlier to roughly $170 million, and revenue guidance goes from about 20,000-21,000 GEO in 2026 toward 50,000 GEO into 2031, an uplift of around 160%.
With the deals closing, Bell says about 20% of the portfolio will be in the US and Canada, three material silver positions (Ruby Hill, Diablillos, Panuco) have been added in roughly 14 months, and Elemental has been the third most active royalty and streaming company by capital deployed.

Elemental Royalty buys five gold and silver streams and royalties for US$290 million, adding scale, producing assets, and North American and West African exposure. The Kouroussa stream sits over the mine's mill, so future ore from any new licenses Mansa consolidates automatically pays Elemental. Spinning the Generation exploration business into Carlin East trims staff from about 45 to 20 and cuts G&A (overhead costs) by over 25%. Gold-equivalent ounce (GEO — production stated in gold terms) revenue is guided from about 20,000 ounces this year toward 50,000 by 2031. Portfolio quality is compounding: the average value of Elemental's top eight assets climbed from roughly $35 million to about $170 million in 15 months.

Gold Royalty: $100m FCF Targeted by 2030 at Spot

Mining Network

12 days ago 25:16

Key Highlights

Griffith says Tether holds a much larger position in Elemental Royalty than its 14-15% stakes in Gold Royalty, Metalla and Versamet, with significant board representation there including the executive chair role.

Gold Royalty targets 28,000-34,000 gold equivalent ounces by 2030 — a six-fold rise — with 70% of that growth already permitted and built. The president projects about $100 million of free cash flow by 2030 at spot prices against flat G&A near $8 million and no debt. Growth is spread across Cote, REN, Vares, Borborema and Agnico's Odyssey, so no single asset carries the ramp and geopolitical risk stays low. The Vares copper stream reached commercial production under DPM Metals after a six-month mine-plan pause and could soon make copper a quarter of revenue. About $200 million of debt-free dry powder supports busy deal flow, while a sustainable, growable dividend is under internal discussion ahead of buybacks.

Nick Hodge – Beaver Creek Recap, Key Newsflow In Portfolio Stocks, & Outlook On Gold, Silver, Copper

13 days ago 23:59

Key Highlights

Host Shad Markowitz notes Elemental made a big acquisition and is spinning out all of its prospect generator assets.
He says Dave Cole from EMX is taking back over that spun-out prospect generator wing of the company.

Junior resource companies are spinning out unloved assets into new vehicles, a track record Nick Hodge credits with unlocking shareholder value where portfolios stagnate. This year's Beaver Creek precious metals summit was the busiest yet, with institutional money out in force and companies focused on execution over bull-market debates. The guest argues copper is the strongest major metal, supported by data-center buildout, mine supply disruptions, and the absence of US import tariffs. Gold must hold $4,000, in Hodge's view, as a rising dollar and multi-decade bond yields oppose it, setting up a buying opportunity. Silver looks weaker than gold and could retest $55; Hodge is hunting a mid-tier silver producer but wants a better entry before buying.

Dave Erfle - Gold & Gold Stocks: Beaver Creek Recap, Metals Technicals, Recent M&A

14 days ago 19:04

Key Highlights

Elemental Royalty is acquiring a large royalty and streaming package — cited at $290 million and $200 million in different mentions — while spinning out its early-stage Carlin East assets into a new vehicle run by Dave Cole of EMX.
Erfle says Elemental got Vizsla Royalties cheap: about $82 million in cash plus $8 million in shares.
He bought Elemental stock on that announcement because it restores his exposure to the Panuco project.
The hosts credit Elemental's selective-but-aggressive royalty growth model, noting shareholders benefit from added royalties even before they produce.

Beaver Creek was record-busy and juniors arrived cashed up, increasingly choosing to build projects themselves rather than sell, reshaping takeover dynamics. Seniors have repaired balance sheets, paid down debt and paid dividends, so replacing depleted ounces through M&A becomes the logical next step. Artemis's takeover of Vista Gold values Mount Todd's 10.5 million in-ground ounces near $37 each, a take-under reflecting the deposit's hard-rock difficulty. Gold's pullback may extend toward $3,950-$4,000 support if inflation runs hot and hike odds build, with GDX 85 and GDXJ 110 gaps in play. Erfle screens explorers for district-scale land packages, serially successful management, and projects over 5 million ounces that could attract a major.

Elemental Royalty – Q2 Financials Reported Record Quarterly GEOs & Operating Cash Flow, Growth Ahead

about 2 months ago

Key Highlights

Elemental posted record Q2 gold equivalent ounces with its second-highest quarterly revenue (up over 120% YoY vs. Q2 2025), $74M in cash, an undrawn $200M credit facility, and is tracking the top end of its 17,000–21,000 GEO 2026 guidance at the halfway point (10,231 GEOs).
Management projects organic GEO growth from ~20k in 2026 to 25k in 2028, 30k in 2029, and 35k in 2030 — described as the strongest organic growth profile in the company's history.
The Visla royalty transaction is expected to close in Q3 pending Mexican antitrust approval; once closed it adds to the $800M+ of NAV Elemental has stacked up over the last ~14 months.
Karlawinda is commissioning its mine expansion this quarter, taking output from ~120k oz/year to ~150k oz/year; the operator also raised resources ~50% and reserves ~30%.
Casarones (Lundin Mining) saw two weather events in late July and mid-August, trimming 2026 copper guidance by ~10,000 tonnes (130–140k to 120–130k), but Elemental stays within its full-year guidance range and says it does not affect its 2027–2030 growth profile.

Elemental Royalty posted record Q2 2026 GEOs of 5,248 and operating cash flow of US$15.5M, on track for 17,000-21,000 GEO guidance. The company projects organic GEO growth from ~20,000 in 2026 to 35,000 by 2030, the strongest in its history. The Tether dividend option lets shareholders take payouts in tokenized gold backed one-for-one by physical metal. Casarones weather events trimmed Lundin Mining copper guidance, but a diversified royalty portfolio absorbed the impact. Index inclusions (Russell, MSCI) and 70x liquidity growth since mid-2025 could unlock a valuation rerating.

Gold Should Be $9,000 Right Now | David Garofalo

The Deep Dive

about 2 months ago

Key Highlights

Garofalo describes Elemental Royalty as one of the royalty peers in which Tether has invested, noting Tether controls Elemental and runs it day to day.

Gold Royalty CEO David Garofalo argues currency debasement will double gold within a year, citing M2 money supply correlation near $9,000 fair value. Mining reserves have fallen roughly 40% from the 2012 peak despite record prices, as junior underfunding starved the industry of new ounces. Royalty models capture gold price leverage at the top line, dodging the cost inflation and labor settlements squeezing producing miners. Tether has accumulated a passive 14% stake in GROY through public market buys, joining Versamet, Metalla, and Elemental among royalty peers. Garofalo says AI data mining of historic technical reports is the most promising near term efficiency gain in generative exploration.

Rick Rule: Copper Has WAY More Potential Than Gold

VRIC Media

2 months ago

Key Highlights

Rick lists Elemental Royalty, alongside Altius and Ecorus, among the third-tier royalty companies he expects to be invited into syndicated interests as copper miners try to fund their sustaining capital needs.

Major copper producers need roughly $250 billion just to hold production steady — and they don't have the capital, opening a financing boom for streamers. Wheaton Precious and Franco-Nevada could be the biggest winners — silver byproducts from copper mines earn much higher multiples inside a streamer. Rule is rotating out of Franco, Wheaton, and Agnico into smaller, more speculative juniors to front-run the coming M&A wave. Most majors face a five-year depletion problem — only Agnico and Goldfield, Rule says, have near-term production covered. A red flag in royalty M&A: rapid capital deployment without a structural edge usually signals overpayment, not bargain hunting.

Elemental Royalty Corp – Visual Tour Through The Key Producing and Development Royalty Assets

3 months ago

Key Highlights

Cole says 2026 revenue guidance is roughly $90 million and his personal goal is to approach or break $100 million collected across all assets in 2026 at mid-July 2026 commodity prices.
Bell lays out roughly 50% growth in gold-equivalent ounces to 2029-2030, from an 18,000-19,000 GEO midpoint toward about 30,000 by 2030, and about 37,500 including the pending Vizsla Royalties deal, before any contribution from the new Chapi royalty.
Tether now owns 32% of the company and cannot buy more shares on the open market without making a bid for the whole company, with Juan Sartori serving as executive chairman, and Cole cites a portfolio spanning 23 countries with 28 advanced development assets.
Management describes a debt-free, net-cash balance sheet even after the US$25 million Chapi package, with the credit facility expanded to $200 million and over $70 million in the bank.
First-time inclusion in the Russell 2000 and 3000 drove over $85 million of stock, about 8% of shares outstanding, to trade on one rebalancing day, and management expects further forced index buying while keeping revenue over 50% precious metals for GDXJ eligibility; it also launched the first-ever in-kind dividend election payable in Tether gold tokens (XAU-T) and re-initiated its buyback with insiders buying shares.

Discovery optionality is why investors own royalties: counterparties spend hundreds of millions exploring ground where Elemental holds a royalty slice. The net asset value per share trend is the best single KPI for comparing royalty companies and exposing dilution discipline. Cornerstone assets keep compounding: operator expansions at Timok, Caserones, Karlawinda, and Laverton grow resources and production without extra royalty cost. Recent catalysts include the US$25 million Chapi copper financing, the pending Vizsla Royalties acquisition, and first Russell index inclusion. Underwriting stays conservative: modeled production is delayed one to two years beyond operator timelines, and buybacks signal shares trade below NAV.

Craig Parry: Updates on Vizsla Silver, Copper and Royalty

Mining Network

3 months ago

Key Highlights

It is the buyer of the Vizsla Royalties portfolio, taking it at a bit over $4 a share roughly 18 months after the C$0.50 IPO - a deal the interviewer sizes at around $300 million.
Parry says the sale places the royalty inside a larger, more diversified book and removes single-asset concentration, and he credits Elemental with having done a heavy round of due diligence.
After the transaction he says he became a significant shareholder in Elemental Royalty, which has been renamed from Elemental Altus; he says he knows the buyers but declines to speak for them.

Vizsla sold its royalty spin-out 18 months after IPO, returning roughly eight times the IPO price to shareholders. Nine to ten rigs are turning across eight or nine copper targets in Alaska and British Columbia, with assay results due within weeks. Parry sees copper reaching $20–30 a pound within five years, betting constrained supply cannot match grid, data centre and EV demand. Ground work at Vizsla Silver in Mexico stays suspended after ten colleagues were killed, with permits still expected late this year. Cash of $26 million funds this year's drilling but falls below $5 million by year-end, making a raise in 2027 likely.

Craig Parry, Co-founder & Advisor of Inventa Capital | Rule Symposium 2026: Rick Rule interviews

3 months ago

Key Highlights

Parry says Elemental Altius Royalties acquired the Vizsla Royalty spin-out for $330 million a couple of months before the interview, a price he contrasts with the royalty's initial few-million-dollar valuation.

Vizsla Silver holds about 400 million ounces of silver at grades near 500 grams per tonne, with the thick Coppola vein as standout. Cartel violence that killed ten workers, not geology, is now the central risk at Vizsla Silver — one of the world's highest-grade undeveloped silver deposits. Guest Craig Parry points to Mexican presidential backing and many newly issued permits, including open pit, as signs the project is turning the corner. Vizsla Copper is drilling beside a 44-metre intercept of 8.2% copper in Alaska as Parry pursues a mid-tier copper producer. Parry's track record spans Rio Tinto project generation, NexGen Energy's Arrow discovery, chairing Skeena, and selling Vizsla Royalty for $330 million.

Live Q&A with Rick Rule and Albert Lu

4 months ago

Key Highlights

Rule dismisses the idea that Elemental Royalty faces regulatory risk from collateral damage around Tether's offshore stablecoin activity: the only path he sees to a problem is Tether selling shares to cover a regulatory issue, which would hit the share price.
He says Tether is the largest shareholder and will become a larger one, and that he believes the company has deployed its money well.
He notes Tether has told management to be more aggressive, which widens the deal universe well past the sub-$50 million transactions the company was previously limited to by its small size.
He finds the strategy interesting because Tether has said publicly that the price-to-value gap between the largest, mid-tier and junior royalty and streaming companies could close if several juniors merged into a mid-tier company.

Rule expects peace to drag oil toward the high $50s, a capitulation he says could hand long-term buyers a strong entry point this summer. A hawkish Fed should keep gold equities weak through August, but he sees major gold miners discounting prices well above published estimates. Two standout drill holes, one in Argentina's Vicuña district and one in Kazakhstan, landed with only muted market reaction, hinting exploration value is underpriced. Mining's capital demands explain why most projects reach the market through public equity after years of patient private funding. For bulk commodity investors, he screens for top-quartile costs and top global returns on capital, not headline production growth.

Elemental Royalty Corp – Vizsla Royalties Acquisition, Q1 2026 Financials, and Growth Strategies

Elemental Royalty Corp acquires Vizsla Royalties Corp, adding a high-quality silver-gold Panuco royalty projected to contribute 7,500 GEOs annually once in production. Q1 2026 financials show record quarterly revenue of US$24.3 million and record adjusted EBITDA of US$17.7 million, driven by strong performance across cornerstone assets. With ~$200 million in available capital, Elemental pursues organic growth, royalty generation, acquisitions, and innovative Tether Gold token dividend options for shareholders.

Josef Schatcher and KER QuickTake - Oil, Gold, Silver, Copper & Critical Minerals

Geopolitical tensions and the Iranian conflict could trigger parabolic price spikes in oil, creating specific growth opportunities within the Canadian energy service sector. Historic copper prices are driving significant outperformance in mid-tier producers compared to majors, highlighting a clear valuation and growth wedge for investors. Major M&A activity is accelerating in the precious metals space, with notable deals like Equinox Gold bidding for Orla Mining signaling sector consolidation.

Jordan - Mining Stock Monkey – Q1 Earnings Review in Gold and Silver Producers and Royalty Companies

Jordan Rusche reviews Q1 earnings for precious metal producers and royalty companies, highlighting key metrics, cost trends, and M&A activity. Discussion covers how senior gold producers like Newmont, Barrick, and Agnico Eagle are managing capital allocation between dividends, buybacks, and growth. Analysis shifts to the royalty sector, examining record revenues and the long-term investment thesis for companies with strong copper exposure like Elemental Royalty.

David Cole, CEO of Elemental Royalty Corporation | Rule Symposium 2026: Rick Rule interviews

Key Highlights

CEO David Cole says Elemental Royalty emerged from the Elemental Altus–EMX Royalty merger with over $1 billion market cap, more than 200 royalties across 22 countries, and analysts forecasting close to $100 million in royalty revenue this year.
Cole says counterparties spend over $100 million a year on exploratory drilling across more than 300 mineral property assets, so Elemental holds free-carried discovery exposure at no ongoing cost.
Tether now owns 32% of Elemental's stock, per Cole, and Tether special-projects head Juan Sartori chairs the board.
The model pairs royalty generation — buying prospective ground, adding data, selling projects while keeping royalties — with purchased assets that create cash flow at the top of Cole's 'pyramid.'
Cole cites pre-merger EMX netting over $60 million from equity investments as capital raised without issuing shares, a merchant-banking prong Elemental will continue.

Royalty generation buys prospective mineral ground, advances it with data, then sells projects while keeping a residual royalty — cheap discovery exposure. Cole says the EMX Royalty and Elemental Altus merger created a billion-dollar company: 22 countries, 300-plus properties, analysts forecasting near $100 million royalty revenue. Scale compounds in royalties — larger portfolios make each royalty more valuable through liquidity, diversification and discovery optionality, rewarding consolidation. Cole argues Tether's arrival — now 32% of the stock — bridges stablecoin profits into gold and copper royalties and farmland. Operators fund the drilling on royalty ground — over $100 million a year across 300 properties — so royalty holders get free-carried exposure.

Sell Gold Now & Buy Royalties for Huge Upside

VRIC Media

6 months ago

Advocates rotating from physical gold into royalty companies for superior leverage and reduced operational risk exposure Royalty streaming model offers investors asymmetric upside with lower capital requirements compared to producers Current market conditions present attractive entry points for select precious metals royalty and streaming equities

Jordan aka Mining Stock Monkey – Devon, Rupert, Royal Gold, Altius Minerals, Elemental, and Orogen

6 months ago

Jordan discusses royalty and streaming companies including Royal Gold, Altius Minerals, and Elemental Altus as portfolio foundation plays Rupert Resources highlighted as a compelling gold explorer with significant upside potential in the current market environment Orogen Royalties and Devon resources mentioned as speculative opportunities for risk-tolerant mining investors

Elemental Royalty Corp – Record FY 2025 Revenues, 2026 Guidance, and Portfolio Growth

Elemental Royalty Corp – US$290 Million Acquisition of 5 Streams & Royalties, Generation Divestment

7 months ago

Elemental Royalty Corp achieved record fiscal 2025 revenues driven by strong performance across its diversified royalty portfolio. Management provided 2026 guidance indicating continued growth trajectory with multiple catalysts expected from underlying assets. Portfolio expansion strategy highlighted through recent royalty acquisitions targeting precious metals projects in favorable jurisdictions.

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Elemental Royalty buys five streams and royalties for US$290 million and spins out its Generation Business

Elemental Royalty is acquiring five gold and silver streams and royalties from Orion Mine Finance for US$290 million in cash and equity, lifting its producing assets past 20. It is simultaneously divesting its Generation Business to Carlin East, cutting headcount and general and administrative costs while keeping a cornerstone stake in the new vehicle.

7 days ago

Dave Erfle - Gold & Gold Stocks: Beaver Creek Recap, Metals Technicals, Recent M&A

Elemental Royalty pairs a $290 million royalty grab with a spin-out of early-stage assets

Erfle backs Elemental Royalty's aggressive growth: a $290 million royalty package acquisition, the spin-out of early-stage Carlin East assets to a new EMX-led vehicle, and a cheap $82 million takeover of Vizsla Royalties that restores his exposure to the Panuco project.

14 days ago

Elemental Royalty – Q2 Financials Reported Record Quarterly GEOs & Operating Cash Flow, Growth Ahead

Elemental Royalty Posts Record GEOs and Cash Flow in Q2; CEO Outlines Growth Path to 35,000 Ounces by 2030

Elemental Royalty (ELE) posted record quarterly gold equivalent ounces and operating cash flow in Q2, with CEO Fred Bell outlining organic growth from about 19,000 GEOs this year to 35,000 by 2030 and a pending Visler transaction that adds NAV.

about 2 months ago

Elemental Royalty Corp – Visual Tour Through The Key Producing and Development Royalty Assets

Elemental Royalty's asset tour: the portfolio behind a ~50% gold-equivalent growth plan

CEO Dave Cole and President Fred Bell tour Elemental Royalty's key royalties, guiding to roughly $90 million of 2026 revenue and about 30,000 gold equivalent ounces by 2029 (37,500 with Vizsla), and detail the US$25 million Chapi copper deal, the pending Vizsla Royalties acquisition, the 32% Tether stake, and a gold-token dividend option.

3 months ago

David Cole, CEO of Elemental Royalty Corporation | Rule Symposium 2026: Rick Rule interviews

Elemental Royalty's CEO details a 22-country, 300-property royalty platform with Tether as largest shareholder

David Cole says the merger of Elemental Altus and EMX Royalty created a billion-dollar company holding more than 200 royalties across 22 countries, with analysts forecasting close to $100 million in royalty revenue this year. Tether now owns 32% of the stock, and Cole argues counterparties' $100-million-plus annual drilling gives the portfolio free-carried discovery upside.

5 months ago