Gold Royalty Achieves Record Revenue in 2024

Core Insights - Gold Royalty Corp. reported record revenue for 2024, driven by cash flowing royalties from various projects and strong commodity prices [1][2] - The company achieved a 192% increase in Total Revenue, Land Agreement Proceeds, and Interest in Q4 2024 compared to Q4 2023, totaling $3.8 million [2] - For the full year 2024, these metrics increased by 146% to a record $12.8 million, equating to 5,462 gold equivalent ounces (GEOs) [2][9] Financial Performance - Q4 2024 revenue was $3.8 million, with $3.4 million attributed to revenue alone, equating to 1,445 GEOs [2][10] - Full year 2024 revenue reached $12.8 million, with $10.1 million from revenue, equating to 5,462 GEOs [2][10] - The average gold price for Q4 2024 was $2,661 per ounce, compared to $1,977 per ounce in Q4 2023 [10] Future Outlook - The company anticipates continued strong revenue growth in 2025 as production from the Côté royalty and Vares stream ramps up [3][9] - Strategic acquisitions are expected to contribute to growth as key assets enter production [9] Company Overview - Gold Royalty Corp. focuses on providing financing solutions in the metals and mining industry, aiming to build a diversified portfolio of precious metals royalty and streaming interests [5] - The company's portfolio primarily consists of net smelter return royalties on gold properties located in the Americas [5]