Sections

    1. Investment Snapshot

    2. Valuation & Price Target

    3. Business & Product Moat

    4. Market & Macro

    Discussion


Investment Snapshot
Valuation & Price Target
Business & Product Moat
Market & Macro
Discussion

Metals Royalty Co Inc.

Investment Snapshot

Symbol

TMCR

IPO Date (Actual)

2026-04-08

Offer Range

Shares Offered

55.1M

Total Shares Post-IPO

Market Cap

Target Price
$00.00

Implied Upside vs Midpoint

$00.00

Use of Proceeds

Valuation & Price Target

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Business & Product Moat

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Competitor Set
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Market & Macro

Sector context: Gold and Silver Ores

Same-industry IPOs from the last 365 days (as of 2026-06-04). Returns from IPO open price.

Median IPO open → current
-19.4%
win 0% · n=1
Median first month
-19.4%
win 0% · n=1
CompanyIPO DateOpen → CurrentFirst Month

SBMT

SILVER BOW MINING CORP.
2026-04-30-19.4%-19.4%

Discussion