Gold Royalty Corp

Gold Royalty Corp. engages in the acquisition and management of additional royalties, streams and other interests on gold and other precious metals projects, and offers financing solutions to the metals and mining industry. The company was founded on June 23, 2020 and is headquartered in Vancouver, Canada.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Gold Royalty Corp maintains guidance amidst revenue challenges, eyes growth

Gold Royalty Corp navigated lower Q2 revenue through cost discipline while maintaining full-year guidance, bolstered by the Cozamin royalty acquisition.
Despite short-term challenges like underperformance and low Canadian Malartic revenue, the company remains focused on long-term growth opportunities.
Strategic decisions like dividend suspension and focus on high-quality assets position the company for sustainable growth and future revenue streams.
With a strong portfolio, commitment to sustainability, and growth avenues in place, Gold Royalty Corp is poised for revenue expansion and operational efficiency.

Gold Royalty Corp achieves free cash flow neutrality in Q3

Gold Royalty Corp shows strong performance with cost reductions and revenue growth.
Focused on expanding portfolio, achieving profitability, and emphasizing precious metals.
Challenges include share price underperformance and industry consolidation.
Opportunities lie in future growth prospects, market trends, and returning capital to shareholders.

Gold Royalty Corp reports strong earnings, eyes revenue doubling in 2024

Gold Royalty Corp's Q4 2023 earnings call highlighted positive adjusted earnings and anticipates a significant revenue increase in 2024. The company's focus on royalty business model and cost-saving measures has positioned it as an outperformer in the sector. Plans for growth and capital return underscore a promising outlook for shareholders.
Management's emphasis on leveraging gold prices through royalty companies, exploring growth opportunities, and achieving cost efficiencies sets a positive tone for future performance. Audience engagement initiatives like the Town Hall recording and questionnaire aim to enhance communication and transparency with stakeholders.

Gold Royalty Corp doubles Q1 revenue, eyes sustainable growth

Gold Royalty Corp's Q1 performance reflects robust revenue growth, cost management, and strategic partnerships driving positive cash flow.
Despite challenges from global economic conditions and risk factors, the company's strong track record and growth platforms offer opportunities for sustained success.
With a focus on quality acquisitions, revenue diversification, and transparent stakeholder engagement, Gold Royalty Corp is poised for continued growth.
Investors can look forward to potential returns through dividends, expanded cooperation agreements, and a solid revenue growth outlook for the year.

Gold Royalty Corp quadruples revenue, eyes growth amid market challenges

Gold Royalty Corp's Q2 performance reflects strong revenue growth, positive free cash flow, and a strategic expansion of its royalty portfolio.
While challenges exist in equity market allocation and sustaining revenue growth, the company's focus on ESG and operational efficiency positions it well for future opportunities.
Opportunities lie in exceeding revenue guidance, leveraging new projects for growth, and diversifying the asset portfolio for enhanced revenue streams.

Gold Royalty Corp reports strong Q2 performance and growth opportunities

Gold Royalty Corp demonstrated robust financial performance in Q2, driven by the gold price and strategic acquisitions, leading to positive free cash flow for the first time.
Despite challenges in gold equities underperformance and cost management, the company's diversified royalty portfolio and undervaluation offer growth opportunities.
With a focus on exceeding revenue guidance, expanding asset portfolio, and emphasizing sustainability, Gold Royalty Corp is poised for continued success in the gold market.

Gold Royalty Corp reports strong Q3 performance and anticipates robust growth

Gold Royalty Corp demonstrated strong financial performance in Q3 2024, with positive net income and a significant revenue increase. The company is poised for continued growth with a focus on operational efficiency and maximizing revenue recognition.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

VANCOUVER, BC, Aug. 31, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC" or the "Company") (NYSE American: GROY) is pleased to announce a private placement in and strategic alliance with Prospector Royalty Corp. ("PRC") and the addition of Timothy Young to GRC's Advisory Board. GRC has made a C$2 million investment for a 12.5% interest in PRC.

Gold Royalty Completes Strategic Investment in Prospector Royalty Corp.

VANCOUVER, BC, Aug. 27, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC") (NYSE American: GROY) is pleased to announce that it will host a Town Hall Meeting on Tuesday, August 31 at 11:00 am EST . David Garofalo, CEO & Chairman of Gold Royalty Corp, and John Griffiths, Chief Development Officer will be providing shareholders and interested stakeholders a final update on the Gold Royalty and Ely Gold Business Transaction and will provide an overview of Gold Royalty and recent portfolio acquisitions.

Gold Royalty Announces Town Hall Meeting - August 31, 2021

VANCOUVER, BC, Aug. 23, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC") (NYSE American: GROY) and Ely Gold Royalties Inc. ("Ely Gold") (TSXV: ELY) (OTCQX: ELYGF) are pleased to announce the completion of the previously announced business combination between GRC and Ely Gold (the "Transaction") by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement").  David Garofalo, CEO, President and Chairman of GRC, stated: "We are delighted to have completed our acquisition of Ely Gold, which is an important milestone as we execute our business strategy since our IPO in March 2021.

Gold Royalty and Ely Gold Complete Combination to Create a Leading Growth and Americas-Focused Precious Metals Royalty Company

VANCOUVER, BC, Aug. 20, 2021 /PRNewswire/ - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) (" Ely Gold ") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that Ely Gold has obtained a final order from the Supreme Court of British Columbia, dated August 20, 2020, fulfilling a material condition of their previously announced business combination to be completed by way of statutory plan of arrangement under the British Columbia Business Corporations Act (the "Arrangement")  With this court approval, most of the terms and conditions to the implementation of the Arrangement have now been met, including the approval of Ely Gold shareholders ("Ely Shareholders") obtained at a special general meeting held on August 17, 2021. Pursuant to the Arrangement, GRC will acquire all of the issued and outstanding Ely Gold Common Shares (the "Ely Gold Shares").

Ely Gold Receives Final Court Approval of Gold Royalty Business Combination

VANCOUVER, BC, Aug. 18, 2021 /PRNewswire/ - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) (" Ely Gold ") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that, at a special meeting of Ely Gold Shareholders (the "Ely Gold Shareholders") held August 17, 2021 (the "Meeting"), the Ely Gold Shareholders overwhelmingly approved a special resolution (the "Arrangement Resolution") authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement (the "Arrangement") under the British Columbia Business Corporations Act. The Arrangement Resolution was approved by 99.52% of the votes cast by Ely Gold Shareholders present in person or represented by proxy at the Meeting.

Ely Gold Shareholders Approve Gold Royalty Business Combination

VANCOUVER, BC, Aug. 9, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC") (NYSE American: GROY) and Ely Gold Royalties Inc. (" Ely Gold ") (TSXV: ELY) (OTCQX: ELYGF) are pleased to announce that they will once again jointly host a Town Hall Meeting on Tuesday, August 10, 2021 at 11:00 am EST . Trey Wasser President & CEO of Ely Gold Royalties and David Garofalo, CEO & Chairman of Gold Royalty Corp, will be providing shareholders and interested stakeholders a final update on the recent transaction announced June 21, 2021; "Gold Royalty and Ely Gold to Combine to Create a Leading Precious Metals Royalty Company".

Gold Royalty & Ely Gold Announce Town Hall Meeting - August 10, 2021

VANCOUVER, BC, Aug. 5, 2021 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that, further to its news release dated July 23, 2021, it has completed the acquisition of five gold royalty interests on properties managed by Monarch Mining Corporation ("Monarch") (TSX: GBAR) (OTCQX: GBARF). The royalty interests acquired consist of: a C$2.50 per tonne royalty on material processed through Monarch's Beacon mill originating from the Beaufor mine operations; a 2.5% net smelter return ("NSR") royalty on each of Monarch's Croinor Gold, McKenzie Break and Swanson properties, each located in Quebec, Canada; and a 1% NSR on Monarch's Beaufor property, located in Quebec Canada (the "Beaufor NSR") held by Caisse de dépôt et placement du Québec, Pursuant to the transaction, Gold Royalty paid total consideration of C$11.25 million at closing and will pay an additional C$3.75 million upon the six month anniversary of closing.

Gold Royalty Corp. Completes Acquisition of Five Gold Royalties on Properties Managed by Monarch Mining Corporation

MONTREAL, QC / ACCESSWIRE / August 5, 2021 / MONARCH MINING CORPORATION ('Monarch' or the 'Corporation') (TSX:GBAR)(OTCQX:GBARF) is pleased to announce the closing of the previously announced transaction with Gold Royalty Corp. ('Gold Royalty') (GROY) whereby Gold Royalty has acquired the following royalty interests from Monarch for cash proceeds of $11.25 million (the 'Transaction'): a $2.50 per tonne royalty on all material processed through the Beacon mill originating from the Beaufor mine operations; and a 2.5% net smelter return ('NSR') royalty on each of the Croinor Gold, McKenzie Break and Swanson properties, of which half (1.25%) can be bought back by Monarch for $2 million per property in the future, subject to certain conditions being met. As per the terms of the Transaction, Gold Royalty made a first cash payment of $7.5 million at closing and will make the final payment of $3.75 million in six months.

Monarch Mining Corporation Announces the Closing of the $11.25 Million Transaction With Gold Royalty Corp.

VANCOUVER, BC, July 29, 2021 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that Monarch Mining Corporation (" Monarch ") (TSX: GBAR) (OTCQX: GBARF) has disclosed an updated Mineral Resource estimate at the Beaufor Mine gold project in Quebec, Canada. As announced on July 23, 2021, Gold Royalty has entered into an agreement to acquire a 1% NSR Royalty on the Beaufor property as well as a C$2.50 per tonne royalty on the Beacon Mill which will process the material mined from Beaufor.

Gold Royalty Corp. Notes Significant Increase in Gold Resources at Beaufor Property

(Kitco News) - Monarch Mining (TSX: GBAR) announced today that it has entered into a definitive agreement with Gold Royalty (NYSE: GROY) whereby Gold Royalty will acquire royalty interests from Monarch for cash proceeds of $11.25 million.

Gold Royalty acquires royalty interests from Monarch Mining for $11.25 million

VANCOUVER, BC, July 23, 2021 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Monarch Mining Corporation (" Monarch ") (TSX: GBAR) (OTCQX: GBARF) to acquire the following gold royalty interests (the "Transaction"): a C$2.50 per tonne royalty on material processed through Monarch's Beacon mill originating from the Beaufor mine operations; a 2.5% net smelter return ("NSR") royalty on each of Monarch's Croinor Gold, McKenzie Break and Swanson properties, each located in Quebec, Canada; and a 1% NSR on Monarch's Beaufor property, located in Quebec Canada (the "Beaufor NSR") held by Caisse de dépôt et placement du Québec, for total consideration of C$15 million (~US$12 million), of which C$11.25 million is payable on closing and C$3.75 million will be paid upon the 6-month anniversary of closing. The transaction is subject to customary conditions and is expected to close in August 2021.

Gold Royalty Corp. to Acquire Five Gold Royalties on Properties Managed by Monarch Mining Corporation

Transaction aimed at strengthening Monarch's balance sheet in preparation for the Beaufor mine and Beacon mill reopening Non-dilutive financing to increase Monarch's cash and cash equivalent position to approximately $30 million MONTREAL, QC / ACCESSWIRE / July 23, 2021 / MONARCH MINING CORPORATION ('Monarch' or the 'Corporation') (TSX:GBAR)(OTCQX:GBARF) is pleased to announce that it has entered into a definitive agreement (the 'Agreement') with Gold Royalty Corp. ('Gold Royalty') (GROY) whereby Gold Royalty will acquire the following royalty interests from Monarch for cash proceeds of $11.25 million (the 'Transaction'): a $2.50 per tonne royalty on all material processed through the Beacon mill originating from the Beaufor mine operations; and a 2.5% net smelter return ('NSR') royalty on each of the Croinor Gold, McKenzie Break and Swanson properties, of which half (1.25%) can be bought back by Monarch for $2 million per property in the future, subject to certain conditions being met. As a condition and as part of the Transaction, Gold Royalty will also acquire a 1% NSR on the Beaufor property from Caisse de dépôt et placement du Québec ('CDPQ') and the Corporation's existing buy back rights relating to a 1% NSR will be cancelled and extinguished, following which CDPQ will own a 2% NSR and Gold Royalty a 1% NSR on Beaufor.

Monarch Mining Corporation Announces a $11.25 Million Transaction With Gold Royalty Corp.

Elemental Royalties is a small-cap gold royalty firm that boasts strong royalty revenue growth in the next few years, which is expected to drive share price appreciation. As a recent IPO, Elemental is under the radar and deeply undervalued relative to peers.

Elemental Royalties: About Time To Buy This Gold Royalty Cinderella

VANCOUVER, BC, July 6, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC" or the "Company") (NYSE American: GROY) is pleased to announce the appointment of Samuel Mah as Vice President, Evaluations of the Company.   John Griffith, Chief Development Officer of GRC commented: "With over two decades of industry experience, including leadership roles with both royalty and streaming as well as operating companies, Samuel will have an immediate impact at GRC.

Gold Royalty Corp. Announces Appointment of Samuel Mah as Vice President, Evaluations

VANCOUVER, BC, June 22, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC") (NYSE American: GROY) and Ely Gold Royalties Inc. (" Ely Gold ") (TSXV: ELY) (OTCQX: ELYGF) are pleased to announce that they will jointly host a Town Hall Meeting on Friday, June 25, 2021 at 11:00 am EST. Trey Wasser President & CEO of Ely Gold Royalties and David Garofalo, CEO & Chairman of Gold Royalties Corp, will be providing shareholders and interested stakeholders an update on the recent transaction announced June 21, 2021: "Gold Royalty and Ely Gold to Combine to Create a Leading Precious Metals Royalty Company".

Gold Royalty and Ely Gold Announce Town Hall Meeting - June 25, 2021

VANCOUVER, BC, June 22, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC") (NYSE American: GROY) is pleased to announce that it is has been added to the VanEck Vectors Junior Gold Miners ETF ("GDXJ") as of June 11, 2021. David Garofalo, CEO, President, and Chairman of GRC, stated: "Our path to creating an exciting high growth, diversified public royalty company began with our successful IPO in March this year.

Gold Royalty Announces Inclusion in Vaneck Vectors Junior Gold Miners ETF

Toronto, Ontario--(Newsfile Corp. - June 21, 2021) - Further to the joint press release of Ely Gold Royalties Inc. and Gold Royalty Corp. dated June 21, 2021, Eric Sprott announces that 2176423 Ontario Ltd., a company which Mr. Sprott beneficially owns, has entered into a voting support agreement with Gold Royalty in connection with Gold Royalty's proposed acquisition of all of the issued and outstanding common shares of Ely Gold (Ely Shares) by way of...

Eric Sprott Announces Voting Support Agreement for Gold Royalty's Proposed Acquisition of Ely Gold

(Kitco News) - Gold Royalty (NYSE American: GROY) and Ely Gold Royalties (TSX-V: ELY, OTCQX: ELYGF) announced today that they have entered into a definitive agreement, dated June 21, 2021, pursuant to which Gold Royalty will acquire all of the issued and outstanding common shares of Ely Gold.

Gold Royalty and Ely Gold merge to create new royalty company with a peer-leading resource endowment in the Americas

VANCOUVER, BC, June 21, 2021 /PRNewswire/ - Gold Royalty Corp. ("GRC") (NYSE American: GROY) and Ely Gold Royalties Inc. ("Ely Gold") (TSXV: ELY) (OTCQX: ELYGF) are pleased to announce that they have entered into a definitive agreement (the "Agreement"), dated June 21, 2021, pursuant to which GRC will acquire all of the issued and outstanding common shares of Ely Gold (the "Ely Shares") by way of a statutory plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia). Under the terms of the Agreement, which was negotiated at arms-length, each holder of Ely Shares will have the option to receive consideration per Ely Share of either: (i) C$1.46 in cash, or (ii) 0.2450 of a GRC common share ("GRC Share"), subject to pro-ration based on a maximum aggregate cash consideration of C$84 million and a maximum aggregate number of GRC Shares issued of approximately 41.5 million.

﻿ Gold Royalty and Ely Gold to Combine to Create a Leading Growth and Americas-focused Precious Metals Royalty Company

Allied Esports Entertainment Inc

Platinum Group Metals

Sonim Technologies Inc

Syros Pharmaceuticals

Vislink Technologies Inc

Penny stocks are incredibly volatile financial vehicles not for the faint of heart. That said, you might win big with these offerings.

7 Best Penny Stocks to Buy for Your June Buy List

Gold Royalty Corp. is up more than 40% since its IPO debut in March, massively outperforming most of its royalty/streaming peers. However, unlike its peers, Gold Royalty Corp. has no assets that are currently in production, and is not generating any meaningful revenue.

Gold Royalty Corp.: A Lofty Valuation For No Producing Assets

VANCOUVER, BC, April 13, 2021 /PRNewswire/ - Gold Royalty Corp. (the "Company") (NYSE American: GROY) today announced it will be featured as a presenting company at the H.C. Wainwright Spring Mining Conference.

Gold Royalty Announces Participation at the H.C. Wainwright Spring Mining Conference April 19-20, 2021 (Virtual Conference)

VANCOUVER, BC, March 31, 2021 /PRNewswire/ - Gold Royalty Corp. (the "Company) (NYSE American: GROY) today provided an update regarding its previously announced agreement (the "Agreement") to acquire a 1.2% net smelter return royalty on the Séguéla Project. As disclosed in the Company's news release dated March 17, 2021, completion of the transaction was conditional on the expiry of a right of first refusal held by the owner of the project underlying the royalty.

Gold Royalty Provides Update on Proposed Acquisition

Gold Royalty Corp. is the most recent precious metals name to debut on the US Market, looking to take advantage of investors' enthusiasm for junior royalty/streaming names. While it has a large portfolio of assets with 19 NSRs and over 25 million ounces of attributable resources, only one project is likely to generate revenues by 2025.

News for Gold Royalty Corp Stock (GROY)