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How I approach the valuation of precious metals royalty firms

Case study of a gold royalty firm I recently sold

Alberto Alvarez's avatar
Alberto Alvarez
Jul 24, 2024
∙ Paid

Introduction

A paid subscriber sent me a message a while back saying: “As a suggestion, many times when I read articles about investments, they are usually about cheap companies, which is great, but it would also be interesting to know when a company stops being cheap and it is time to get out”. And I thought it was a great suggestion, particularly because at the end of May I sold a big position I had in a gold royalty company.

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