Proactive mining analyst Ryan Long presents his monthly report on the mining royalty and streaming sector for May.
Long says May 2021 continued the positive trend for mining royalty and streaming businesses for the third month in a row, with the average share price up 1.9% this month, with 63% of companies in the sector experiencing positive share price movements.
This month the majors were the best performing subset of the sector, up an average of 7.5%. Large-tiers were just behind up an average of 7.4%, with mid-tiers up an average of 1.3%, while juniors were down an average of 0.3%.