Eagle Royalties Ltd. ( (TSE:ER) ) has provided an announcement.
Eagle Royalties Ltd. has reported promising results from drilling at the Airstrip Deposit within the AurMac Gold Project in Yukon. The company holds a 2% royalty on the mineral claims in the area, and recent drilling results have shown significant gold intercepts. These developments could enhance Eagle Royalties’ financial prospects and strengthen its position in the mining sector.
More about Eagle Royalties Ltd.
Eagle Royalties Ltd. operates in the mining industry, focusing on royalty interests in mineral claims. The company holds royalty interests ranging from 0.5% to 2% on various claims, particularly in the AurMac project in Yukon, which is managed by Banyan Gold Corp.
YTD Price Performance: 21.74%
Average Trading Volume: 41,114
Technical Sentiment Consensus Rating: Strong Sell
See more insights into ER stock on TipRanks’ Stock Analysis page.