Q: would this be a royalty for silver worth buying. would 5i prefer a ETF in this catedory. Price moved quite a bit with insider buying.
5i Research Answer:
VROY is doing very well as the sector is running nicely. However while it has potential, it is still very small and has minimal reported revenue and earnings. Its prospects depend on its royalty acquisitions over time. We would consider it higher risk and too risky for an investor simply looking for silver sector exposure. For such purposes, we would prefer the ETF SIL for diversification within the sector, plus a small dividend.