v3.26.1
Investments (Tables)
12 Months Ended
Dec. 31, 2025
Investments  
Schedule of investments

The Metals Royalty

1554997 B.C.

  ​ ​ ​

Company

 

Ltd.

Investment as at December 31, 2023

$

8,429

Equity-accounted investment loss for the year ended 2024

(226)

Investment as at December 31, 2024

$

8,203

Spin-Out transaction

(3,739)

3,739

Return of capital(1)

(346)

(346)

Dilution gain

5,649

Equity-accounted investment gain for the year ended 2025

287

Investment as at December 31, 2025

$

10,054

3,393

(1)During 2025, both investees declared and paid a return of capital of $0.025 per share with the Company’s share of return of capital amounting to $0.3 million from each investee.
Schedule of financial results of The Metals Royalty Company

  ​ ​ ​

As at

  ​ ​ ​

As at

December 31, 

December 31, 

2025

2024

Current assets

$

18,853

1,660

Non-current assets

14,095

25,277

Current liabilities

1,763

Year ended

December 31, 

December 31, 

2025

2024

Operating expenses

$

6,641

1,193

Loss from continuing operations

 

6,777

1,137

Net income (loss)

$

1,182

(689)