Royalty round-up, August 2021: Holiday season sees investors book gains

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August was a particularly painful month for investors in mining royalty and streaming companies August is normally a poor month for investors but it has been a particularly painful month for investors in mining royalty and streaming companies, with the average share price of companies within the sector down by 3.5% and over 81% of companies in the sector experienced negative share price movements. Added to the traditional seasonal lull, strong inflation and the ongoing threat posed by the Delta COVID-19 variant, combined with uncertainty regarding the US FED’s tapering programme led investors to pocket some of this year’s earlier gains. The Mid-Tier companies were the best performing subset of the mining royalty and streaming sector during August, down an average of 0.9% on the month. The Juniors were down an average of 1.4%, with the Majors down an average of 7.3% and the Large-Tiers down an agonising average of 11.4%. Majors (, , ), was the best performing Major in
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