Deterra Royalties Ltd Ordinary Shares

DRR: XASX (AUS)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
A$1.20HgfTqxwbrxt

Modestly Lowering Deterra's FVE by 2% on Reduced Iron Ore Prices

Business Strategy and Outlook

Deterra Royalties aims to grow into a diversified royalty company with multiple cash flows. The acquisition of Trident Royalties (due to close in the third quarter of 2024) is likely the first of additional royalty and/or streaming purchases.

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