Empress Royalty’s Record Q4 Hides a Shrinking Business
Published 9 days ago • 7 min read
Mining Stock Monkey VIP Investment Memo #119 March 5, 2026 In today's investment memo I want to dive further into Q4 earnings and update our valuation models. The focus of this memo is on Empress Royalty and I'll be covering additional companies shortly. All figures are in USD unless specified otherwise. Empress Royalty In Q4, Empress had by far their best quarter ever in terms of revenue, bringing in $6.4M. Although they are diversified across 4 producing assets, of that $6.4M, more than...
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