Proactive mining analyst Ryan Long presents his monthly report on the mining royalty and streaming sector for June.
Long explains how after three months of continuous gains, June 2021 saw an end to the positive trajectory of the mining royalty and streaming sector, with the average share price down 4.1% this month.
With over 74% of the sector having negative share price movements in what has been a painful month for investors.
The fall in the gold price from over US$1,900 per ounce at the start of the month to US$1,760 per ounce at the end of the month weighed heavily on the sector, which largely focuses on precious metals.