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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 $2.2 million from $375,000 a quarter ago. Also higher than a year ago, when revenue was $451,384.
‘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%
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