Gold Royalty Achieves Record Revenue in 2024
/PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce record 2024 revenue driven by its cash…
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Preliminary 2024 Results
Total Revenue, Land Agreement Proceeds and Interest* increased by 192% in the fourth quarter of 2024, from the same period in 2023 to $3.8 million (revenue of $3.4 million), equating to 1,445 gold equivalent ounces ("GEOs")*.
For the full year of 2024, Total Revenue, Land Agreement Proceeds and Interest* increased by 146% from 2023 to a record $12.8 million (revenue of $10.1 million), equating to 5,462 GEOs*.
Gold Royalty currently expects to achieve additional strong revenue growth in 2025 as production under the Côté royalty and Vares stream continue to ramp up in accordance with their operators' current expectations.