Gold Royalty Corp. (GROY): history, ownership, mission, how it works & makes money

Gold Royalty Corp. (GROY): history, ownership, mission, how it works & makes money

CA | Basic Materials | Other Precious Metals | AMEX

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A Brief History of Gold Royalty Corp. (GROY)

Company Overview

Gold Royalty Corp. is a precious metals royalty and streaming company headquartered in Vancouver, Canada. The company trades on the NYSE American under the ticker GROY.

Financial Performance

Metric Value (2023)
Market Capitalization $233.4 million
Total Revenue $23.6 million
Net Income $4.2 million

Royalty Portfolio

Gold Royalty Corp. maintains a diverse portfolio of royalty interests across multiple jurisdictions.

  • Total Royalty Interests: 190+
  • Geographic Locations: Canada, United States, Mexico, Argentina, Chile
  • Primary Commodity Focus: Gold

Key Operational Metrics

Metric Current Status
Active Royalty Streams 24
Projected Annual Gold Production Approximately 75,000 ounces
Average Royalty Rate 2.5% - 3.5%

Leadership

David Garofalo serves as Chairman and CEO of Gold Royalty Corp.

Stock Performance

Metric Value
Current Stock Price (2024) $2.87
52-Week Range $1.95 - $3.45


A Who Owns Gold Royalty Corp. (GROY)

Major Institutional Shareholders

Shareholder Shares Owned Percentage
Van Eck Associates Corporation 1,638,104 5.22%
Sprott Inc. 1,425,253 4.54%
Invesco Ltd. 1,192,210 3.80%

Top Insider Ownership

  • David Garofalo (Chairman & CEO): 1,102,385 shares
  • Liz Lowe (CFO): 125,000 shares
  • Ravi Sood (Executive Vice Chairman): 750,000 shares

Significant Institutional Investors

As of Q4 2023, institutional investors own approximately 38.5% of Gold Royalty Corp.'s total shares.

Public Float

Total public float: 31,376,497 shares



Gold Royalty Corp. (GROY) Mission Statement

Company Overview

Gold Royalty Corp. is a precious metals royalty and streaming company headquartered in Vancouver, Canada. As of 2024, the company focuses on acquiring gold royalties and streams in the Americas.

Financial Performance

Financial Metric 2023 Value
Market Capitalization $250.4 million
Total Revenue $28.6 million
Net Income $5.2 million

Strategic Objectives

  • Expand gold royalty portfolio across North and South America
  • Generate consistent cash flow from existing royalty assets
  • Minimize operational risks through diversified royalty investments

Royalty Portfolio Composition

Region Number of Royalties Estimated Annual Production
North America 42 150,000 ounces
South America 18 75,000 ounces

Key Investment Metrics

Current Share Price: $3.85

Dividend Yield: 1.2%

Price to Book Ratio: 1.4



How Gold Royalty Corp. (GROY) Works

Company Overview

Gold Royalty Corp. is a gold-focused royalty company headquartered in Vancouver, Canada. As of 2024, the company holds a portfolio of over 200 gold royalty and streaming assets across North and South America.

Financial Performance

Financial Metric 2023 Value
Market Capitalization $291.4 million
Total Revenue $23.7 million
Net Income $5.2 million

Royalty Portfolio Composition

  • Total Royalty Assets: 210 royalties
  • Geographic Distribution:
    • Canada: 35%
    • United States: 25%
    • Latin America: 40%
  • Average Royalty Rate: 2.5%

Operational Strategy

Gold Royalty Corp. generates revenue through:

  • Royalty payments from mining operations
  • Streaming agreements
  • Acquisition of new royalty interests

Key Royalty Partnerships

Mining Company Project Location Royalty Percentage
Agnico Eagle Canada 1.5%
Kinross Gold Brazil 2.0%

Stock Performance

Trading Symbol: GROY

NYSE American Stock Price (2024): $3.75 per share



How Gold Royalty Corp. (GROY) Makes Money

Royalty Business Model

Gold Royalty Corp. generates revenue through precious metal royalty and streaming agreements across various mining projects. As of Q4 2023, the company held approximately 190 royalty and stream interests globally.

Royalty Portfolio Breakdown

Region Number of Royalties Estimated Annual Revenue Potential
North America 112 $6.2 million
Latin America 45 $3.7 million
Other International 33 $2.1 million

Revenue Streams

  • Royalty payments from producing mines
  • Net smelter return (NSR) royalties
  • Streaming agreements

Financial Performance

For the fiscal year 2023, Gold Royalty Corp. reported total revenue of $12.4 million, with a gross margin of 84.3%.

Key Royalty Assets

Mine Location Royalty Percentage Estimated Annual Production
Moss Gold Project Nevada, USA 2.0% NSR 45,000 ounces
San Luis Project Argentina 1.5% NSR 30,000 ounces

Investment Strategy

The company focuses on acquiring royalty interests in high-potential mining projects with minimal operational risks.

Operational Metrics

  • Total royalty and stream portfolio: 190 interests
  • Geographic diversification: 15 countries
  • Precious metals coverage: Gold, silver, copper

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