- Gold Royalty Corp (GROY, Financial) reported Q1 2025 total revenue of $3.6 million.
- The company maintains its 2025 production guidance of 5,700 - 7,000 GEOs.
- Detailed financial results will be announced on May 7, followed by a conference call on May 8.
Gold Royalty Corp (GROY) has announced its preliminary financial results for the first quarter of 2025, indicating a total revenue, land agreement proceeds, and interest of $3.6 million. This includes revenue of $3.1 million, translating to 1,249 gold equivalent ounces (GEOs).
Despite a year-over-year decrease in land agreement proceeds by $1.5 million, attributed to high one-time payments in Q1 2024, the company saw an increase in royalty, stream, pre-production, and loan interest income. This indicates healthy core operations and revenue diversification.
The company maintained its full-year 2025 production guidance, estimating between 5,700 and 7,000 GEOs. Gold Royalty projects higher production in the second half of 2025, spurred by the ramp-up at key operations including Côté, Vareš, and Borborema.
Detailed Q1 results will be released on May 7, 2025, with an earnings call scheduled the following day. Gold Royalty will also host its 2025 Capital Markets Day on June 12, offering both in-person and virtual attendance options.
