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
Period Ending	Feb '26 Feb 18, 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
Market Capitalization	16	19	25	32	34	51
Market Cap Growth	-17.31%	-25.66%	-22.43%	-4.74%	-33.33%	63.22%
PS Ratio	-3.10	-4.29	12.07	16.97	37.75	24.51
PB Ratio	4.61	2.67	1.47	1.59	2.36	3.00
P/OCF Ratio	8.75	7.45	31.67	228.49	236.93	56.06
Debt / Equity Ratio	12.53	6.36	2.12	1.06	1.43	0.62
Net Debt / Equity Ratio	9.22	3.99	1.28	0.83	0.70	-0.07
Quick Ratio	3.35	4.02	99.07	14.91	124.56	309.80
Current Ratio	4.03	4.17	102.18	16.31	174.19	311.87
Asset Turnover	-	-	0.04	0.05	0.03	0.09
Return on Equity (ROE)	-110.94%	-77.00%	-9.66%	-2.49%	-13.56%	-2.58%
Return on Assets (ROA)	-20.02%	-17.21%	-3.75%	-1.11%	-6.78%	-1.95%
Earnings Yield	-63.60%	-50.15%	-12.45%	-2.25%	-6.27%	-0.88%
Dividend Yield	10.67%	10.32%	8.32%	6.81%	5.26%	3.63%
Buyback Yield / Dilution	0.09%	-0.07%	-11.87%	-16.11%	-2.43%	-1.06%
Total Shareholder Return	10.35%	10.26%	-3.55%	-9.30%	2.83%	2.56%

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