Metals Royality Makes US Market Debut with 16% Stock Surge

Stock News

04/09

Metals Royalty (TMCR.US) commenced trading on the US stock market on Wednesday. At the time of writing, the company's shares had risen 16% to $17.4, compared to its IPO price of $15. Metals Royalty is a resource financing firm specializing in royalties and streams for critical metals and minerals. Founded in 2022 and headquartered in Canada, the company primarily generates long-term cash flow by acquiring royalties and streaming interests in mining projects, rather than engaging directly in mineral extraction.

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