Research from Atrium Research, Atrium Research Corporation

Atrium Research

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis.

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Research from Atrium Research

Atrium Research Corporation

Atrium Research provides institutional quality issuer paid research on public equities in North America. Our investment philosophy takes a 3-5 year view on equities currently being overlooked by the market. Our research process emphasizes understanding the key performance metrics for each specific company, trustworthy management teams, unit economics, and an in-depth valuation analysis. 

Our research product includes in-depth initiation reports, research notes, thematic research pieces, and company fact sheets.

Equity Bottom-Up

<ul>
<li>This morning, SPA announced assay results from six drill holes as part of its 9,000-10,000m fall drill program (8,220m completed).</li>
<li>Today’s results extend higher-grade mineralization over ~500m along the Orca Fault’s SE extension, reinforcing upside within the Main Deposit.</li>
<li>Drilling supports advancement toward a 2027 construction decision, building on a PEA with $2.3B NPV5% and 32% IRR at US$3,300/oz.</li>
</ul>


This morning, SPA announced assay results from six drill holes as part of its 9,000-10,000m fall drill program (8,220m completed).
Today’s results extend higher-grade mineralization over ~500m along the Orca Fault’s SE extension, reinforcing upside within the Main Deposit.
Drilling supports advancement toward a 2027 construction decision, building on a PEA with $2.3B NPV5% and 32% IRR at US$3,300/oz.


Spanish Mountain Gold

SPA: Orca Fault Extends to over 500m