tiprankstipranks
Advertisement
Advertisement

Gold Royalty reports preliminary Q1 revenue $7.2M

Gold Royalty (GROY) maintains its 2026 full-year production guidance of 7,500-9,300 GEOs as released on March 18 with production more heavily weighted to the second half as DPM Metals’ Vares mine production is expected to reach its full run rate of 850,000 tons per year in 2026 and as Fortitude Gold’s County Line mine ramps up after commencing operations in January. David Garofalo, chairman and CEO of Gold Royalty, commented: “2026 has started strongly for Gold Royalty. These new operating records reflect the success of our acquisition strategy, as recently acquired royalties on the Pedra Branca and Borborema mines contributed significantly to the quarterly result. We look forward to continued GEO growth as the year progresses.”

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1