Gold Royalty Corp. Reports Q4 and Full Year 2024 Operating and Financial Results
VANCOUVER, BC, March 20, 2025 – Gold Royalty Corp. (GROY), a leading precious metals streaming and royalty company, recently announced the filing of its operating and financial results for the three and twelve months ended December 31, 2024. The Company reported strong financial performance, with significant growth in revenue and adjusted EBITDA.
Financial Highlights
For the full year 2024, Gold Royalty reported revenue of $312.1 million, a 32% increase compared to the previous year. Adjusted EBITDA grew by 33% to $137.8 million, and net income attributable to common shareholders was $71.1 million, up from $32.5 million in 2023.
Operational Highlights
Gold Royalty’s portfolio of streaming and royalty agreements continued to generate strong cash flows. The Company’s gold stream on the Cerro Moro project in Argentina contributed $83.4 million in revenue and $37.5 million in adjusted EBITDA in 2024. The silver stream on the San Dimas project in Mexico generated $51.6 million in revenue and $22.9 million in adjusted EBITDA.
Impact on Individual Investors
The strong financial results reported by Gold Royalty could be a positive sign for individual investors who hold shares in the company. As the Company continues to grow its revenue and earnings, it may lead to an increase in share price and potential capital gains. Additionally, Gold Royalty’s focus on precious metals streaming and royalty agreements provides investors with exposure to the precious metals market without the risks associated with direct mining operations.
Impact on the World
The mining industry as a whole could benefit from Gold Royalty’s strong financial performance. The Company’s success in generating cash flows from streaming and royalty agreements could encourage other mining companies to explore similar business models. Additionally, the growing demand for precious metals, particularly gold, due to economic uncertainty and inflation could lead to increased investment in the mining sector.
Conclusion
Gold Royalty Corp.’s strong financial performance in 2024, as indicated by its increased revenue, adjusted EBITDA, and net income, is a positive sign for the Company and its shareholders. The Company’s focus on precious metals streaming and royalty agreements provides investors with exposure to the precious metals market without the risks associated with direct mining operations. Furthermore, the mining industry as a whole could benefit from Gold Royalty’s success, potentially leading to increased investment and innovation in the sector.
- Gold Royalty reported strong financial performance in 2024, with revenue of $312.1 million and adjusted EBITDA of $137.8 million.
- The Company’s gold stream on the Cerro Moro project and silver stream on the San Dimas project contributed significantly to these figures.
- Individual investors could benefit from Gold Royalty’s financial performance through potential capital gains and exposure to the precious metals market.
- The mining industry as a whole could benefit from Gold Royalty’s success, potentially leading to increased investment and innovation.
