small-cap

Sailfish Royalty – Quality Royalty Model, Fading Near-Term Catalysts

Jan 23, 2026 | Team Kalkine

Read Time :10 Mins

Sailfish Royalty – Quality Royalty Model, Fading Near-Term Catalysts — Image source: shutterstock

FISH:TSX-V
Investment Type

Small-Cap
Risk Level
Action
Rec. Price (CA$)

Company Overview:

Sailfish Royalty Corp. (TSXV: FISH) is a precious metals royalty and streaming company. Within Sailfish's portfolio are two cornerstone assets on advanced stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project (~3.5 sq. km) and a 2% NSR on the rest of the area (~134.5 sq. km) surrounding San Albino in northern Nicaragua; and an up to 3.5% NSR on the Tocantinzinho gold project in the prolific Tapajos district of northern Brazil. The acquisition of Terraco Gold Corp. adds a potential cornerstone asset: an up to 3% NSR on the multi-million ounce Spring Valley gold project in Pershing County, Nevada.

As per the previous recommendation on FISH on November 04, 2025, a ‘Speculative Buy’ rating was given on the stock at CAD 2.97, and noted below are the details of the recommendation summary provided in the previous report:

Technical Analysis summary as on November 04, 2025

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Disclaimer-

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

Past performance is not a reliable indicator of future performance.

Small-Cap