Gold Royalty (GROY) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 Welcome to the Gold Royalty Corp. First Quarter twenty twenty five Results Conference Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to David Gorafolo, Chairman and CEO. Please go ahead. Speaker1 Thank you, operator. Good morning, ladies and gentlemen, and thank you fo ...

First Quarter 2025 Results May 8, 2025 goldroyalty.com / NYSE: GROY Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation includes information and statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities laws (collectively, "forward-looking statements"), including but not limited to statements regarding: the estimated future GEOs and contractual payments of Gold Royalty Corp. (the "Comp ...

VANCOUVER, BC, April 23, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce first quarter 2025 preliminary results as well as details related to its first quarter results date, details of its first quarter earnings call and its upcoming capital markets day. All amounts are expressed in U.S. dollars unless otherwise noted.Preliminary First Quarter 2025 ResultsFor the first quarter of 2025, Total Revenue, Land Agreement Proceeds and Interest* ...

Core Insights - The article emphasizes a versatile investment strategy suitable for various investor profiles, including dividend investors, value seekers, and those looking for growth opportunities [1]. Summary by Categories Investment Strategy - The investment strategy described is adaptable, catering to different types of investors, whether they focus on dividends, value propositions, or growth opportunities [1].

Alastair Still, P.Geo., the Director of Technical Services of the Company, is a qualified person as such term is defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") and subpart 1300 of Regulation S-K ("SK1300") and has reviewed and approved the scientific and technical information contained herein. Fourth Quarter 2024 Results March 20, 2025 goldroyalty.com / NYSE: GROY Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation includes ...

Gold Royalty Corp. (NYSE:GROY) Q4 2024 Earnings Conference Call March 20, 2025 11:00 AM ET Company Participants David Garofalo - Chairman & CEO Andrew Gubbels - CFO Jackie Przybylowski - VP, Capital Markets Peter Behncke - Director, Corporate Development & IR Conference Call Participants Heiko Ihle - H.C. Wainwright Eric Winmill - Scotiabank Operator Welcome to the Gold Royalty Corp. Fourth Quarter 2024 Results Conference Call. All participants will be in a listen-only mode. [Operator Instructions] After to ...

Financial Data and Key Metrics Changes - Gold Royalty Corp. reported total revenue of $3.8 million for Q4 2024, a 192% increase compared to Q4 2023 and approximately 50% higher than Q3 2024 [8] - For the full year 2024, total revenue reached a record $12.8 million, marking a 146% increase from 2023 [9] - The company achieved positive operating cash flows of $2.5 million and positive adjusted EBITDA of $4.8 million for 2024 [9][43] Business Line Data and Key Metrics Changes - The Cote Gold mine's ramp-up contributed significantly to revenue growth, alongside initial revenues from the Vares copper stream [8] - The company expects to receive between 5,700 and 7,000 GEOs in 2025, representing a 16% increase from 2024 [9][10] - The five-year outlook forecasts production growth to 23,000 to 28,000 GEOs by 2029, reflecting over a 360% increase from 2024 [6][20] Market Data and Key Metrics Changes - The company anticipates strong commodity prices will support revenue growth in 2025 [5] - The guidance for 2025 assumes a gold price of $2,668 per ounce and a copper price of $4.23 per pound [19] Company Strategy and Development Direction - Gold Royalty Corp. emphasizes disciplined capital allocation, prioritizing debt repayment and strategic growth opportunities [7] - The company is focused on cash flow generation and plans to utilize free cash flow for debt repayment and potential acquisitions [62][70] - The portfolio's growth profile is attributed to transformative acquisitions of royalties on large-scale, long-life mines [44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the portfolio's potential, citing strong operating partners and expected cash flow growth [42] - The company is optimistic about the ramp-up of key assets like Cote, Borborema, and Vares, which are expected to contribute significantly to cash flows in 2025 [10][72] Other Important Information - The Vares mine is expected to reach a full Phase I run rate of 800,000 tonnes per year in the second half of 2025, with further expansions planned [26] - The Borborema project is on track for its first gold pour later this month, with commercial production expected in the second half of the year [27] Q&A Session Summary Question: Can you provide color on the longer-term guidance? - Management indicated that many cornerstone assets have 20-year mine plans, suggesting sustainability beyond the five-year outlook [53] Question: What is the expected breakdown between gold and copper in the long term? - Currently, the asset base is approximately 90% gold and 10% copper, with expectations for a decline in copper exposure over time [54][56] Question: What is the plan for debt management? - The company aims to reduce debt as free cash flow increases, while maintaining some level of debt for potential opportunities [62][70] Question: How should cash flow distribution be expected in 2025? - The second half of 2025 is expected to be stronger due to the ramp-up of key assets [74] Question: What new opportunities are being considered for the portfolio? - The company is actively looking for quality opportunities in the royalty and streaming financing space, focusing on later-stage assets [78][82]

Project Overview - The Odyssey Project is planned to mine at a rate of approximately 20,000 tonnes per day (tpd) with full commissioning of the 1,800 m deep shaft expected in 2027[205]. - Initial production from the Odyssey Mine began in 2023, with the first loading station expected to be commissioned in 2027[224]. - The Odyssey Project will utilize existing infrastructure at the Canadian Malartic site, including tailing storage facilities and processing plants[229]. Mining and Processing Capacity - The Canadian Malartic mine's processing plant has a nominal capacity of 55,000 tpd, utilizing conventional cyanidation for gold extraction[228]. - The total capacity of the current tailings management facility is estimated to be 230 million tonnes, with plans to store an additional 70 to 80 million tonnes in the Canadian Malartic pit post-mining[235]. Environmental Compliance - The Canadian Malartic GP has received all permits related to mining the Canadian Malartic pit extension, ensuring compliance with environmental regulations[236]. - A water treatment plant is in place to ensure compliance with water quality requirements, reducing risks associated with surface water management[238]. Resource and Production Metrics - The gold resource in the Canadian Malartic deposit is primarily hosted by altered clastic sedimentary rocks, with mineralization extending from surface to 400 m below surface[212]. - The Odyssey deposit extends on a 2 km strike and a width of 500 m, characterized by higher grade gold mineralization along its sheared margins[217]. - For the year ended December 31, 2024, processed tonnes increased to 20,317,263 from 19,583,538 in 2023, representing a growth of approximately 3.75%[240]. - Gold production attributable to the company rose significantly to 25,519 ounces in 2024, compared to 12,722 ounces in 2023, marking an increase of approximately 100%[240]. - Silver production also saw an increase, with attributable production rising to 12,457 ounces in 2024 from 6,600 ounces in 2023, reflecting an increase of approximately 89%[240]. - The metallurgical recovery rate for gold was 92.3% in 2024, slightly down from 92.7% in 2023, while silver recovery decreased to 68.6% from 72.2%[240]. Financial Aspects - The Canadian Malartic Property has a significant portion subject to a 5% NSR royalty payable to Osisko, with additional royalties varying between 1% and 3% on other claims[208]. - The royalty coverage percentage increased to 4.044% in 2024 from 1.875% in 2023, indicating a substantial improvement in royalty interests[240]. Community Engagement - The company has implemented a "Good Neighbour Guide" with over 90% of Malartic residents participating in the compensation program[231]. Future Developments - The company has submitted a request for a decree amendment to develop additional zones, which does not trigger further Federal permitting requirements[237]. - The Canadian Malartic GP believes that the availability of alternative refiners mitigates risks associated with losing current refining services[240]. - The company is focused on maintaining flexibility in its water usage system through effective management of excess water from the mining operations[238]. - Further information regarding the Canadian Malartic Property can be found in the Operating and Financial Review and Prospects section[241].

VANCOUVER, BC, Feb. 24, 2025 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce that it has entered into an amendment agreement with the Bank of Montreal and the National Bank of Canada to amend and upsize its existing revolving credit facility (the "Facility"). The changes reduce Gold Royalty's borrowing costs and improve balance sheet flexibility.The amended and upsized Facility will bear a reduced interest rate based on SOFR plus a margin of 3 ...

Company Performance - Gold Royalty Corp. (GROY) has returned 23.1% year-to-date, outperforming the Basic Materials sector, which has gained an average of 7.4% [4] - The Zacks Consensus Estimate for GROY's full-year earnings has increased by 40% over the past quarter, indicating improved analyst sentiment and earnings outlook [3] - GROY belongs to the Mining - Gold industry, which includes 40 companies and currently ranks 79 in the Zacks Industry Rank; this industry has gained about 22.2% year-to-date, showing GROY's superior performance within its group [6] Sector Overview - The Basic Materials sector includes 233 individual stocks and holds a Zacks Sector Rank of 11 out of 16 groups, indicating its relative performance [2] - Another stock in the Basic Materials sector, Orla Mining Ltd. (ORLA), has also outperformed the sector with a year-to-date return of 24.7% [4] - ORLA's consensus EPS estimate for the current year has increased by 76.5% over the past three months, and it currently holds a Zacks Rank of 2 (Buy) [5]