Versamet Royalties
VMET on Nasdaq. Mineral royalty traders. Market value $926m.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
See Financial services stocks that passed both tests
This is not advice. Check the numbers below.
We could not compute this from the filings.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: not known. Price score: not known. Our list needs 70 on quality and 60 on price.
$8.67 a share, 5% above its 1-year low
Over the past year the price has ranged from $8.28 to $15.00.
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
Five-year fundamentals are not available yet.
Health checks
- Free cash flow positiveNot enough data
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)Not enough data
- Profit backed by cash (accruals)Not enough data
- DebtUnknown
- Revenue growth, five yearsUnknown
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 30 April 2026
- Next quarterly (estimated, 10-Q)
- n/a
Who owns it
None of the long-term investors we follow own it. 51 funds in all.
Largest holders overall
- Merk Investments$17m
- Orion Resource Partners LP$13mNew
- Blackstone$13mNew
- Sprott$5mAdded
- Quadrature Capital$3mNew
- U S Global Investors$2m
- Goldman Sachs Group$2mAdded
- Morgan Stanley$2mAdded
- Lazard Asset Management$856,867New
- Knoll Capital Management$820,668
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
3 investors own more than 5%.
- B2Gold Corp.Passive investor28.8%Since 5 March 2026
- Tether Global Investments Fund, S.I.C.A.F., S.A.Passive investorat least 12.6%−0.1 pts(filed with 3 related holders)Since 25 June 2026
What they said
Item 4 is hereby amended and supplemented to add the following: Effective on June 25, 2026, Tether Investments transferred 8,870,456 Common Shares to Tether International, S.A. de C.V. (the "Transfer"). The Transfer resulted in no change in the aggregate number of Common Shares…
Read the filing - The Doraline TrustPassive investorat least 8.5%(filed with 14 related holders)Since 31 March 2026
- Equinox Gold Corp.Passive investorSold down below 5%Since 31 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
B2Gold Corp. Passive investor | 28.8% | 5 March 2026 | |
Tether Global Investments Fund, S.I.C.A.F., S.A. Passive investor | at least 12.6%−0.1 pts (filed with 3 related holders) | 25 June 2026 | What they saidItem 4 is hereby amended and supplemented to add the following: Effective on June 25, 2026, Tether Investments transferred 8,870,456 Common Shares to Tether International, S.A. de C.V. (the "Transfer"). The Transfer resulted in no change in the aggregate number of Common Shares… Read the filing |
The Doraline Trust Passive investor | at least 8.5% (filed with 14 related holders) | 31 March 2026 | |
Equinox Gold Corp. Passive investor | Sold down below 5% | 31 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
We have no insider filings for this company yet.
From Form 4 filings: insiders must report trades in their own company's shares within two days.
What could go wrong
Cheap for a reason is the question the numbers cannot answer.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.