Star Royalties Ltd (TSE:STRR) has released an update.
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Star Royalties Ltd. has announced their 2023 financial results, highlighting an equity gain of $8.0 million from a strategic investment in Green Star Royalties Ltd. by Cenovus Energy Inc. Despite a 34% drop in revenue due to reduced sales at Keysbrook, the company is optimistic with over 50 potential opportunities under evaluation and ongoing initiatives to enhance long-term production with partners such as Sabre Gold Mines Corp. and Gold Mountain Mining Corp.
For further insights into TSE:STRR stock, check out TipRanks’ Stock Analysis page.
