NYSE$GROY
Gold Royalty Corp · Q1 2025 earnings
Q1 2025 earnings · · Before market open · Investor relations
Briefing
Gold Royalty reported record Q4 2024 revenue and positive operating cash flows, with continued growth expectations for 2025 and the next five years.
Gold Royalty achieved record revenue of $3.36 million in Q4 2024, supported by 1,445 Gold Equivalent Ounces (GEOs). The company reported positive operating cash flow of $1.26 million and adjusted EBITDA of $1.24 million. Despite a net loss of $3.19 million, the company remains positioned for significant growth driven by its expanding portfolio and ramp-up of key projects.
- Record revenue of $3.36 million in Q4 2024.
- Generated 1,445 GEOs during the quarter.
- Positive operating cash flow of $1.26 million.
- Adjusted EBITDA of $1.24 million, reflecting operational strength.
Headline financials
Revenue & EPS history
Gold Royalty · Revenue · Quarterly
$3.36M
Forward guidance
Gold Royalty forecasts 2025 GEOs between 5,700 and 7,000 with continued positive free cash flow, driven by ramp-up at key assets and stable operating costs.
Tailwinds
- Expected 2025 GEOs between 5,700 and 7,000.
- Full-year cash inflows from Côté Gold and Vareš mines.
- Initial production revenue from Borborema project anticipated in 2025.
- Stable and low operating costs with strengthened credit terms.
- Continued contributions from Cozamin, Borden, and Canadian Malartic mines.
Headwinds
- Dependence on operators meeting development timelines.
- Commodity price fluctuations could impact revenue.
- Potential delays in permitting and regulatory processes.
- Rising finance costs due to increased interest rates.
- Macro-economic risks impacting investment climate and demand.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q1 2025
-1.5%
Avg return
Earnings day
-2.6%
Avg return
5 days after
-1.1%
Avg return
30 days after
53%
8 / 15 earnings
Positive
+5.5%
Q4 2023
Best reaction
-12.4%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -10.2% | -11.9% | -14.2% | |
| Q2 2025 | -5.0% | -7.4% | +33.3% | |
| Q1 2025 | -12.4% | -5.9% | +6.5% | |
| Q4 2024 | +1.4% | -0.7% | -11.2% | |
| Q3 2024 | -2.3% | +3.1% | -5.3% | |
| Q4 2023 | +5.5% | +10.2% | +19.5% | |
| Q3 2023 | +0.0% | -6.0% | -17.5% | |
| Q2 2023 | -3.6% | -5.0% | -9.5% | |
| Q1 2023 | +0.5% | -0.5% | +0.0% | |
| Q4 2022 | +0.4% | +3.6% | +9.8% | |
| Q3 2022 | +4.3% | -7.3% | -9.9% | |
| Q2 2022 | +2.6% | +2.6% | -2.3% | |
| Q1 2022 | -4.7% | -1.2% | -11.2% | |
| Q4 2021 | +0.4% | -6.8% | -14.6% | |
| Q3 2021 | +0.4% | -5.6% | +9.7% | |
| Q1 2020 | — | — | — | |
| Q4 2020 | — | — | — |
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