GOLD ROYALTY REPORTS RECORD ANNUAL REVENUE AND OPERATING CASH FLOWS FOR 2025 AND STRONG OUTLOOK FOR GROWTH THROUGH 2030
Prnewswire·2026-03-19 01:05

Core Insights - Gold Royalty Corp. reported record annual revenue and operating cash flows for 2025, marking a significant inflection point in the company's history with positive cash flow and Adjusted EBITDA [2][4] - The company anticipates continued growth, projecting over 60% year-over-year growth in 2026 and a five-year outlook indicating a potential increase of over 490% in gold equivalent ounces (GEOs) by 2030 [2][28] Financial Highlights - For the year ended December 31, 2025, Gold Royalty achieved record revenue of $15.6 million and total revenue of $17.8 million, with 5,173 GEOs produced [4][5] - The company exited 2025 with over $12 million in cash, no debt, and a fully undrawn credit facility increased to $150 million [4][5] - Operating cash flow for 2025 was $6.2 million, and Adjusted EBITDA was $9.8 million [4][5] 2026 and Five-Year Outlook - The company forecasts total GEOs to increase to between 7,500 and 9,300 in 2026, representing a mid-point increase of over 60% from 2025 results [4][25] - By 2030, GEOs are expected to rise to between 28,000 and 34,000, reflecting significant growth based on existing assets and new developments [28][29] Portfolio Updates - The Borborema mine is projected to have increased Probable Reserves of 40.7 million tonnes at 1.13 g/t gold, extending its mine life to over 20 years [9] - The Côté Gold mine achieved production of 399,800 ounces in 2025, with guidance for 2026 increased to 390,000 to 440,000 ounces [12] - The Granite Creek project reported total production of 22,977 ounces of gold in 2025, with further development activities planned [18]

Barrick-GOLD ROYALTY REPORTS RECORD ANNUAL REVENUE AND OPERATING CASH FLOWS FOR 2025 AND STRONG OUTLOOK FOR GROWTH THROUGH 2030 - Reportify