Financial PerformanceGold Royalty Corp. reported a significant increase in revenue driven by an average realized gold price of $3,279, alongside greater contributions from Côté Gold and Vareš.
Growth PotentialGROY continues to execute on new transactions, enhance its shareholder base, undertake business combinations, and diversify its portfolio.
ValuationAnalyst reiterates a Buy rating on Gold Royalty Corp. and increases the price target to $6.25 from $5.75, driven by the revision to the price deck.