Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Versamet Royalties Corp. logo

Versamet Royalties Corp.

VMET.TOSmall CapSilver

Price History

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About Versamet Royalties Corp.

Versamet Royalties Corp. (VMET.TO) is a silver mining company listed on the Toronto Stock Exchange (TSX). Our project database tracks 22 projects for Versamet Royalties Corp. with technical and economic data extracted from company filings. Its flagship project is Toega, a development-stage open-pit project in Burkina Faso.

Versamet Royalties is an emerging mid-tier precious metals royalty and streaming company that has executed nearly US$300 million in acquisitions since its 2022 founding, including a 90% silver stream on the Rosh Pinah zinc mine in Namibia and a 2.75% NSR royalty on the Santa Rita nickel mine in Brazil. The company holds a portfolio of 28 royalties and streams across six countries with seven paying assets, backed by B2Gold as a strategic partner, targeting over 10,000 Gold Equivalent Ounces in 2025 growing to more than 20,000 GEOs in 2026.

Primary Commodities

Silver

Project Economics

Mason

Copper· USA· Development
Royalties / Streams
0.4% NSR; operator Hudbay Minerals Inc.

Zuun Mod

Molybdenum· Mongolia· Development
Royalties / Streams
1.5% NSR; operator Erdene Resource Development Corp.

Vittangi

Graphite· Sweden· Exploration
Resource Estimate
Royalties / Streams
1.0% NSR

Toega

Gold· Burkina Faso· Development
Production
Mine Life8 yrs
Annual Production75,000 oz Au (70-80 koz)
Mine TypeOpen-pit
Royalties / Streams
2.7% NSR royalty (100% basis) until royalty payments total US$22.5 million; 0.45% NSR royalty thereafter until 1.5 Moz of gold is produced

Santa Rita

Nickel· Brazil (Bahia State)· Production
Production
Mine Life20 yrs
Annual Production31 kt nickel equivalent
Mine TypeSub-level caving (underground)
Royalties / Streams
2.75% NSR

Rosh Pinah

Silver· Namibia· Production
Production
Royalties / Streams
90% silver stream (decreases to 45% after 3.1 Moz Ag delivered); acquired for $85M (Sep 2025)

Mocoa

Copper· Colombia· Development
Royalties / Streams
2.0% NSR; operator Copper Giant Resources

Mercedes

Gold· Mexico· Production
Production
Royalties / Streams
2.0% NSR (Au, Ag); operator Highlander Silver Corp.

Blackwater

Gold· Canada· Production
Production
Mine TypeOpen-pit
Royalties / Streams
0.21% NSR royalty applicable to approximately 35–50% of production (Versamet estimate); acquired with El Pilar royalties for $25M (Oct 2023)

Kolpa

Copper· Peru· Production
Production
Annual Production700 t Cu (2026 guidance 650-750 t)
Royalties / Streams
95.8% copper stream: greater of 95.8% of produced copper or 0.03 t Cu per tonne of produced lead until 6,000 t Cu delivered; 71.85% until 10,500 t; 47.9% thereafter; per-tonne payments equal to 10% of spot copper price; acquired for $35M (Apr 2025)

Kiaka

Gold· Burkina Faso· Production
Production
Annual Production277,000 oz Au (average 2026-2035)
Head Grade0.8 g/t Au
Mineral Reserves
4.6 Moz gold at 0.8 g/t
Royalties / Streams
2.7% NSR royalty (100% basis) until 2.5 Moz of gold is produced; 0.45% NSR royalty on the next 1.5 Moz of gold

Hackett River

Zinc· Canada· Development
Royalties / Streams
2.0% NSR; operator Glencore Canada Corp.

PC Silver

Silver· Canada· Development
PEA
Sep 2026
Mine Life22 yrs
Royalties / Streams
1.2% NSR

El Pilar

Copper· Mexico· Development
Mine Life18 yrs
Annual Production36 kt Cu
Royalties / Streams
1.0% GRR excluding first 85 Mlbs of payable copper production

Santa Rita (open pit)

Nickel· Brazil· Production
Royalties / Streams
2.75% NSR

Greenstone

Gold· Canada· Production
Production
Mine Life14 yrs
Annual Production320 koz Au
Mine TypeN/A
Royalties / Streams
1.26% gold stream. Greater of 1.26% of monthly production at Greenstone Mine (100%) or 350 oz Au per month, until 63 koz Au delivered; gold deliveries subject to per-ounce payments equal to 20% of prevailing spot gold price

Santa Rita Underground

Nickel· Brazil· Development
Mine Life20 yrs
Annual Production31 kt NiEq
Mine TypeUnderground
Royalties / Streams
2.75% NSR

Cuiú Cuiú

Gold· Brazil· Development
Royalties / Streams
1.5% NSR. Operated by Cabral Gold. Commissioning underway targeting first gold pour by end of 2026.

Converse

Gold· USA· Long-Term Development / Exploration
PEA
Royalties / Streams
1.0% NSR (Au) – Roxmore Resources. PEA released in Q2 2026.

Eskay Creek

Gold, Silver· Canada (British Columbia, Golden Triangle)· Development/Construction
Feasibility
Dec 2023
AISC687 USD/GEO
Mine Life12 yrs
Annual Production300,000 oz Au (first 5 years average)

Eskay Creek Gold Stream

Gold· Canada (BC Golden Triangle)· Development
Feasibility
Nov 2023
Annual Production300 koz Au

Cuiú Cuiú (Cuiuy Cuiuy)

Gold· Brazil (Para State)· Development

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

How the Economics Evolved

Kiaka

8 studies on record
Production
Study
Production
Mar 2026
Production
Study
Production
Study
Production

Greenstone

8 studies on record
Production
Feasibility
Dec 2025
Feasibility
Dec 2025
Production
Dec 2025
Feasibility
Dec 2025
Production
Study
Production

Toega

8 studies on record
Study
Production
Study
Mar 2025
Study
Mar 2025
Study
Study
Study
Production

El Pilar

8 studies on record
Production
Study
Study
Jul 2026
Production
Jul 2026
Study
Study
Study
Study

Cuiú Cuiú

7 studies on record
Production
PEA
Oct 2022
PEA
Oct 2022
PEA
Oct 2022
Study
Study
Study

Santa Rita (Underground)

6 studies on record
Study
Production
Study
Dec 2022
Production
Dec 2022
Study
Study

Rosh Pinah

8 studies on record
Study
Production
Production
Production
Study
Study
Production
Production

Vittangi

4 studies on record
Resource Estimate
Study
Study
Resource Estimate

Kolpa

7 studies on record
Production
Production
Production
Study
Study
Production
Production

Blackwater

8 studies on record
Production
Study
Study
Study
Production
Study
Production
Production

Mercedes

6 studies on record
Production
Study
Production
Study
Production
Production

Santa Rita

4 studies on record
Other
Dec 2022
Production
Study
Production

Eskay Creek

7 studies on record
Feasibility
Nov 2023
Feasibility
Nov 2023
Feasibility
Nov 2023
Feasibility
Nov 2023
Feasibility
Nov 2023
Feasibility
Nov 2023
Feasibility
Nov 2023

Zuun Mod

5 studies on record
PEA
2026
Study
Study
PEA
Study

Converse

5 studies on record
PEA
Apr 2026
PEA
Apr 2026
PEA
Jun 2026
Study
PEA

PC Silver

5 studies on record
Study
Study
PEA
PEA
Sep 2026
PEA
Sep 2026

Mocoa

5 studies on record
Study
Study
PEA
PEA
Study

Mason

5 studies on record
Study
Study
Pre-Feasibility
Study
Pre-Feasibility

Hackett River

5 studies on record
Study
Resource Estimate
Study
Study
Resource Estimate

Economics as disclosed in each successive study. NPV shown in US$ where a currency conversion is available (at each study's own period rate), else in the study's stated currency. Verify against the source filings.

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Financial Metrics

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Frequently Asked Questions

What does Versamet Royalties Corp. mine?
Versamet Royalties Corp. is focused on Silver.
What is Versamet Royalties Corp.'s flagship project?
Toega, a development-stage project in Burkina Faso.
What exchange is Versamet Royalties Corp. listed on?
Versamet Royalties Corp. trades under the ticker VMET.TO on the Toronto Stock Exchange (TSX).
How many projects does Versamet Royalties Corp. have?
We track 22 projects with extracted technical and economic data for Versamet Royalties Corp.

Quick Facts

Ticker Symbol
VMET.TO
Market Cap
Small Cap
Category
Silver
Commodities
Silver

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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