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Gold Royalty Provides Updated Guidance with a Further 27% Increase in Expected 2024 Total Revenue, Land Agreement Proceeds and Interest
GROYGold Royalty(GROY) Prnewswire·2024-05-31 14:56

David Garofalo, Chairman and CEO of Gold Royalty, commented: "We believe that the addition of the Vares Stream is transformational for Gold Royalty's near-term cash flow per share profile, while adding another high- quality long-life asset to our portfolio. Our updated 2024 Total Revenue, Land Agreement Proceeds and Interest forecast includes only a partial year of production from Vares with commercial production currently expected in the fourth quarter. Looking ahead, we expect our high-quality portfolio o ...