Versamet Royalties Corporation (VMET)

Versamet Royalties Corporation is a precious metals royalty and streaming company based in Vancouver, British Columbia. It does not run mines itself. Instead, it provides financing to mining companies in exchange for royalties or streams. These contracts give it a share of revenue, or the right to buy part of a mine's metal output at set prices.

The company's portfolio is weighted toward gold and silver, with interests in operating mines and development-stage projects in several countries. This structure gives the company exposure to metal prices and production growth without the direct operating and capital costs that mine operators carry.

Versamet's common shares trade on the Nasdaq under the symbol VMET, in addition to its Canadian listing.