Sailfish Reports Q1 2026 Results

Sailfish Reports Q1 2026 Results

Sailfish Royalty Corp. (TSXV: FISH,OTC:SROYF) (OTCQB: SROYF) (the "Company" or "Sailfish") is pleased to announce its operating and financial results for the first quarter ended March 31, 2026 ("Q1 2026"). All amounts are in U.S. dollars unless otherwise indicated.

Q1 2026 Highlights:

  • Royalty revenue earned of $999,378 for the three months ended March 31, 2026 ($535,923 for the three months ended March 31, 2025);
  • Silver ounces earned from stream interests of 8,924 for the three months ended March 31, 2026 (for the three months ended March 31, 2025 – nil);
  • Gold ounces earned from stream interests of 6 for the three months ended March 31, 2026 (18 for the three months ended March 31, 2025);
  • Total revenues of $1,809,769 for the three months ended March 31, 2026 ($587,220 for the three months ended March 31, 2025);
  • Gross profit of $1,724,508 for the three months ended March 31, 2026 ($562,488 for the three months ended March 31, 2025);
  • Net income of $131,774 for the three months ended March 31, 2026 (net loss of $75,718 for the three months ended March 31, 2025);
  • Repurchased for cancellation an aggregate of 481,300 common shares of the Company under the current normal course issuer bid for the three months ended March 31, 2026 (182,600 for the three months ended March 31, 2025); and
  • Declared a quarterly dividend of $0.0375 per common share which will be payable on July 15, 2026.

Summary of Q1 2026 Results:


Three months
ended March 31,
2026

Three months
ended March 31,
2025

Condensed interim consolidated statements of income
(loss) and comprehensive income (loss)
  $
  $


 

 
Revenues
1,809,769

587,220
Gross profit
1,724,508

562,488
Net income (loss)
131,774

(75,718 )
Basic earnings (loss) per share
0.00

(0.00 )
Diluted earnings (loss) per share
0.00

(0.00 )

 

For complete details, please refer to the Unaudited Condensed Interim Consolidated Financial Statements for the three months ended March 31, 2026 and 2025 and associated Management Discussion and Analysis for the three months ended March 31, 2026, available on SEDAR+ (www.sedarplus.ca) or on the Company's website (www.sailfishroyalty.com).

Subsequent to Q1 2026 Highlights:

  • On April 10, 2026, the Company closed the share purchase agreement with OR Royalties pursuant to which the Company sold to OR Royalties all of the issued and outstanding shares of Terraco Gold Corp., a wholly owned subsidiary of Sailfish, for after-tax cash consideration of $168 million.
  • On April 13, 2026, the Company repaid the Short-term loan and accrued interest in full which consisted of $40,000,000 in principal and $1,794,310 in interest.
  • Subsequent to March 31, 2026, Sailfish cancelled 481,300 common shares on-market of which all had been previously purchased.
  • Subsequent to March 31, 2026, the Company received and sold 548.463 ounces of gold for $2,605,208 pertaining to the Gold Purchase Agreement with Mako Mining Corp.

About Sailfish

Sailfish is a precious metals royalty and streaming company focused on returning capital to shareholders with an industry leading dividend yield. Within Sailfish's portfolio are three main assets in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold mine (~3.5 sq. km) and a 2% NSR on the rest of the area (~134.5 sq. km) surrounding San Albino in northern Nicaragua; a 2% NSR on the Gavilanes Silver Project located in Durango State, Mexico; and an 11-year gold purchase agreement with Mako Mining Corp.

Sailfish is listed on the TSX Venture Exchange under the symbol "FISH" and on the OTCQB under the symbol "SROYF". Please visit the Company's website at www.sailfishroyalty.com for additional information.

For further information: Paolo Lostritto, CEO, tel. 416-602-2645 or Bryan McKenzie, CFO, tel. 604-443-3834.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299134

News Provided by TMX Newsfile via QuoteMedia

FISH:CC
The Conversation (0)
Lobo Tiggre, gold bars.

Lobo Tiggre: My Oil Stock Buy, Plus Bullish Gold, Silver Scenario

Lobo Tiggre of IndependentSpeculator.com shares why he bought one oil stock after months of waiting, but left the rest of his shopping list untouched. "There was one stock that dropped more than others, or more sharply, more unreasonably, and got to what I saw as an oversold condition, and so I... Keep Reading...
Steve Barton, mine site.

Steve Barton: Gold, Silver, Copper, Uranium — What I'm Buying Now

Steve Barton, host of In It To Win It, shares support and resistance levels for gold and silver prices, also explaining his current stock strategy. "I really like the risk/reward right now on gold," he said during the interview. "I think it's probably one of the best bets we have at this... Keep Reading...
Yvonne Blaszczyk, gold bars and chess piece.

Yvonne Blaszczyk: Gold to US$6,000 by Year End, Silver to US$100

Yvonne Blaszczyk, president and CEO of BMG Group, shares her thoughts on the recent gold price pullback, saying it's normal to see fluctuations. "I do still believe ... that gold is going to be reaching US$6,000 an ounce by the end of the year, and maybe even more," she said during the... Keep Reading...
Canadian Maple Leaf gold coin floating over stacked gold bars with glowing red lights.

Top 5 Junior Gold Mining Stocks on the TSXV in 2026

Junior gold stocks are seeing heightened interest in 2026 despite volatility in the gold price, which reached a new record high of nearly US$5,600 per ounce during the first quarter.The gold price may have fallen to the US$4,000 level in the second quarter, but plenty of upside potential remains... Keep Reading...
Peruvian Metals Production Update for the First Half of 2026 at Aguila Norte Processing Plant

Peruvian Metals Production Update for the First Half of 2026 at Aguila Norte Processing Plant

Peruvian Metals Corp. (TSXV: PER,OTC:DUVNF) (OTC Pink: DUVNF) ("Peruvian Metals" or the "Company") is pleased to provide an update regarding the mineral processing at its 80-per-cent-owned fully permitted Aguila Norte processing plant ("Aguila Norte" or the "Plant") located in Northern... Keep Reading...
Pile of gold bars over black background.

5 Best-performing Gold Stocks on the TSX in 2026

The gold price hit record highs in January 2026, and still up more than 25 percent from this time last year.Gold's growth may have been stalled by a variety of factors, including widespread economic and geopolitical uncertainty as the US and Israel clash with Iran and the US Federal Reserve... Keep Reading...

Interactive Chart

Latest Press Releases

Related News