Business
GOLD ROYALTY REPORTS FIRST QUARTER 2025 RESULTS HIGHLIGHTING CONTINUED REVENUE GROWTH
Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the publication of its operating and financial results for the three months ended March 31, 2025. All amounts are expressed in U.S. dollars unless otherwise noted.
About this update from Gold Royalty Corp.
[{"type":"text","content":"VANCOUVER, BC, May 7, 2025 /CNW/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the publication of its operating and financial results for the three months ended March 31, 2025. All amounts are expressed in U.S. dollars unless otherwise noted.","length":316,"tagName":"p"},{"type":"image","alt":"Gold Royalty Corp. Logo (CNW Group/Gold Royalty Corp.)","displaySize":"","headline":null,"caption":"Gold Royalty Corp. Logo (CNW Group/Gold Royalty Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":320,"height":93,"url":"https://media.zenfs.com/en/cnwgroup.com/afa0b1b478bcbd786d773008ce19f892"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Cebrza987Rkh43Lz6tFfxw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTE4NjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/afa0b1b478bcbd786d773008ce19f892","width":320,"height":93}},"href":"https://mma.prnewswire.com/media/2682191/Gold_Royalty_Corp__GOLD_ROYALTY_REPORTS_FIRST_QUARTER_2025_RESUL.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"David Garofalo, Chairman and CEO of Gold Royalty, commented: "We are pleased to report continued year-over-year revenue growth and another quarter of positive operating cash flow. These strong results reflect the embedded growth within our portfolio, which we expect to continue in 2025 as the key assets in our portfolio continue to advance. This includes three assets that are currently in the production ramp-up phase, each backed by long-life, large-scale mining operations. One of these assets – our royalty on the Borborema mine acquired in 2023 – achieved initial production during the first quarter, marking another milestone in our organic growth strategy. These and other assets in our diverse portfolio position Gold Royalty for continued and sustained revenue growth and value creation over the long term, including through the end of the decade."","length":869,"tagName":"p"},{"type":"text","content":"First Quarter 2025 Highlights","length":29,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of $3.1 million; $3.6 million in Total Revenue, Land Agreement Proceeds and Interest*","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"1,249 GEOs* in the quarter","length":26,"tagName":"p"}]},{"val":[{"...