Expanding PortfolioGROY’s royalty generator model has added seven new royalties year to date, for an updated total of 47 since the Ely Gold Royalties acquisition.
Financial PerformanceThe firm recorded $2.1M in revenue that yielded net income of $3.4M, or $0.02 per share, compared to $0.8M in revenue and a net loss of $1.8M, or ($0.01) per share, during 3Q23.
Revenue GrowthRevenue growth is primarily attributable to new royalty income from Côté and Borborema, alongside existing royalties from the Canadian Malartic, Cozamin, and Borden Mines.