RE Royalties Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2019
Period Ending	Jan '26 Jan 23, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2019
Market Capitalization	13	19	25	32	34	51	Upgrade
Market Cap Growth	-34.34%	-25.66%	-22.43%	-4.74%	-33.33%	63.22%	Upgrade
PS Ratio	-2.56	-4.29	12.07	16.97	37.75	24.51	Upgrade
PB Ratio	3.81	2.67	1.47	1.59	2.36	3.00	Upgrade
P/OCF Ratio	7.23	7.45	31.67	228.49	236.93	56.06	Upgrade
Debt / Equity Ratio	12.53	6.36	2.12	1.06	1.43	0.62	Upgrade
Quick Ratio	3.35	4.02	99.07	14.91	124.56	309.80	Upgrade
Current Ratio	4.03	4.17	102.18	16.31	174.19	311.87	Upgrade
Asset Turnover	-	-	0.04	0.05	0.03	0.09	Upgrade
Return on Equity (ROE)	-110.94%	-77.00%	-9.66%	-2.49%	-13.56%	-2.58%	Upgrade
Return on Assets (ROA)	-20.02%	-17.21%	-3.75%	-1.11%	-6.78%	-1.95%	Upgrade
Earnings Yield	-76.94%	-50.15%	-12.45%	-2.25%	-6.27%	-0.88%	Upgrade
Dividend Yield	12.90%	10.32%	8.32%	6.81%	5.26%	3.63%	Upgrade
Buyback Yield / Dilution	0.09%	-0.07%	-11.87%	-16.11%	-2.43%	-1.06%	Upgrade
Total Shareholder Return	12.59%	10.26%	-3.55%	-9.30%	2.83%	2.56%	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.