4th May 2022 12:30
Trident Royalties PLC - London-based mining royalty and streaming company - Posts sharp increase in first-quarter revenue as shares rise. Revenue from exposure to gold, copper and iron ore surges to USD2.2 million from USD375,000 a quarter ago. Also higher than a year ago, when revenue was USD451,384.
"We have continued to deliver on growth, with three transactions announced or completed during the quarter," says Chief Executive Officer Adam Davidson.
Posts a positive outlook, due to a "strong pipeline of value accretive opportunities across a range of commodities and geographies," Davidson adds.
Current stock price: 50.55 pence, up 7.6% on Wednesday
12-month change: up 51%
By Tom Budszus; [email protected]
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