#Canada #Vancouver #Q3 2025 #Gold Royalty Corp #GROY

Gold Royalty Corp Achieves Record Third Quarter Results

Gold Royalty Corp. (NYSE American: GROY) has recently shared its operating and financial results for the third quarter ending September 30, 2025. The company is proud to report that its revenue for this quarter reached an impressive $4.1 million, a significant increase compared to $2.06 million in the same period last year. This growth is indicative of the company’s ongoing efforts to expand its operations and enhance its portfolio of mining assets.

David Garofalo, the Chairman and CEO of Gold Royalty, expressed his optimism regarding the company's trajectory. He noted that the receipt of revenues from various land agreements and interest payments contributed to an overall total revenue of $4.6 million, derived from 1,323 gold equivalent ounces (GEOs). This represents an efficient operational execution, as the company continues to ramp up production from its growing portfolio of mines.

In addition to record revenue, Gold Royalty Corp also achieved an all-time high in Adjusted EBITDA, reporting $2.5 million, alongside positive cash flow from operations amounting to $2.4 million during the quarter. Such financial performance reflects the discipline and strategic management of resources, as significantly evidenced by a responsible approach to capital allocation. Specifically, the company repaid $2 million of its existing revolving credit facility within the quarter, followed by an additional $5 million post-quarter.

Overview of Financial Highlights

The third-quarter results emphasize several key financial metrics:

• - Record Revenue: $4.1 million compared to $2.06 million in Q3 2024.
• - Total Revenue, Land Agreement Proceeds and Interest: $4.6 million compared to $2.6 million in the same period last year.
• - Adjusted EBITDA: $2.5 million, showcasing substantial operational improvement.
• - Net Cash Provided by Operating Activities: $2.4 million, vastly improved from a loss of $42,000 in Q3 2024.

Portfolio Expansion and Future Outlook

Gold Royalty’s portfolio development has also played a crucial role in its recent success. Significant projects contributing to this momentum include:
1. Borborema Project: Aura Minerals achieved commercial production this quarter, yielding 10,219 GEOs.
2. Borden Mine: Discovery Silver Corp. reported a significantly productive second quarter, generating 27,286 ounces of gold.
3. Canadian Malartic / Odyssey Mine: Agnico Eagle Mines is ahead of schedule, projecting initial production in the latter half of 2026, with continued expansions enhancing operational flexibility.

The company’s efforts in diversifying and growing its royalty portfolio demonstrate a strategic move to bolster its market position within the mining sector. Gold Royalty Corp has been actively acquiring new royalties, accumulating a total of 51 royalties since the 2021 acquisition of Ely Gold Royalties Inc. This approach not only lowers operating costs but also mitigates risks associated with mining operations.

Future Supply and Demand Dynamics

Investment in the mining sector is critical as global economies shift towards sustainable practices alongside increasing demand for precious metals. Gold Royalty plans to utilize the cash generated from operations to continue its de-leveraging initiatives throughout 2026, further strengthening its financial position and sustaining long-term growth.

Closing Remarks

Gold Royalty Corp has demonstrated remarkable resilience in the face of market uncertainties, achieving record earnings and affirming its strategy of capital efficiency and operational expansion. Investors and stakeholders anticipate positive news ahead, especially with planned developments across its portfolio of assets indicated for growth, profit generation, and increased market share. A conference call scheduled for November 6, 2025, will delve further into these promising results and future outlooks for the organization.

For detailed financial reports and additional insights, individuals can refer to the company’s filings available on official sites. Investors are encouraged to monitor Gold Royalty’s growth trajectory as it continues to set benchmarks within the mining and royalty sectors.