View Financial HealthGold Royalty 배당 및 자사주 매입배당 기준 점검 0/6Gold Royalty 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률-14.1%자사주 매입 수익률총 주주 수익률-14.1%미래 배당 수익률0%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jun 09Upcoming dividend of US$0.01 per share at 2.0% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 30 June 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.7%).공시 • May 25Gold Royalty Corp. Declares Cash Dividend for Second Quarter 2023, Payable on June 30, 2023Gold Royalty Corp. announced that its board of directors has declared the Company’s second quarter 2023 cash dividend of USD 0.01 per common share. The dividend will be paid on June 30, 2023 to shareholders of record as of the close of business on June 20, 2023.모든 업데이트 보기Recent updatesBoard Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Angela Johnson was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.공시 • Apr 28Gold Royalty Reiterates Its 2026 Full-Year Production GuidanceGold Royalty maintained its 2026 full-year production guidance. The company reiterated production guidance of 7,500 - 9,300 GEOs as released on March 18, 2026, with production more heavily weighted to the second half as DPM Metals' Vareš mine production is expected to reach its full run rate of 850,000 tonnes per year in 2026 and as Fortitude Gold's County Line mine ramps up after commencing operations in January.공시 • Apr 27Gold Royalty Corp. to Report Q1, 2026 Results on May 06, 2026Gold Royalty Corp. announced that they will report Q1, 2026 results After-Market on May 06, 2026공시 • Mar 20Gold Royalty Corp. Provides Production Guidance for the Fiscal Year 2026Gold Royalty Corp. provided production guidance for the fiscal year 2026. Total gold equivalent ounces (GEOs) are currently expected to increase to 7,500-9,300 in 2026, due to the continued ramp-up of cash flowing assets and incorporates the addition of the Pedra Branca and an additional royalty on Borborema in late 2025 and early 2026, respectively. This outlook represents a mid-point increase of over 60% from 2025 results.공시 • Feb 17Gold Royalty Corp., Annual General Meeting, Apr 20, 2026Gold Royalty Corp., Annual General Meeting, Apr 20, 2026.공시 • Jan 22Gold Royalty Corp. to Report Q4, 2025 Results on Mar 18, 2026Gold Royalty Corp. announced that they will report Q4, 2025 results After-Market on Mar 18, 2026공시 • Dec 11Gold Royalty Corp. has completed a Follow-on Equity Offering in the amount of $90 million.Gold Royalty Corp. has completed a Follow-on Equity Offering in the amount of $90 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 22,500,000 Price\Range: $4 Discount Per Security: $0.18공시 • Dec 08Gold Royalty Corp. has filed a Follow-on Equity Offering.Gold Royalty Corp. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock공시 • Oct 24Gold Royalty Corp. to Report Q3, 2025 Results on Nov 05, 2025Gold Royalty Corp. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025공시 • Jul 25Gold Royalty Corp. to Report Q2, 2025 Results on Aug 06, 2025Gold Royalty Corp. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 06, 2025공시 • May 19Gold Royalty Corp., Annual General Meeting, Jun 16, 2025Gold Royalty Corp., Annual General Meeting, Jun 16, 2025. Location: 1000 cathedral place, 925 west georgia street, british columbia, canada, vancouver Canada공시 • Apr 25Gold Royalty Maintains Production Guidance for Full Year 2025Gold Royalty maintains production guidance for full year 2025. For the year, the company continues to expect 5,700 - 7,000 GEOs as released on March 20, 2025, and expects that production will be more heavily weighted to the second half of the year as recently-started mining operations including Côté, Vareš, and Borborema continue to ramp up towards full production run rates through 2025.공시 • Apr 24Gold Royalty Corp. to Report Q1, 2025 Results on May 07, 2025Gold Royalty Corp. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 07, 2025공시 • Mar 20Gold Royalty Corp. Provides Operating Guidance for the Fiscal Year 2025Gold Royalty Corp. provided operating guidance for the fiscal year 2025. for the year, the company's Total Gold Equivalent Ounces are currently expected to increase to 5,700-7,000. This outlook represents an increase of approximately 16% from 2024.공시 • Jan 30Gold Royalty Corp. to Report Q4, 2024 Results on Mar 19, 2025Gold Royalty Corp. announced that they will report Q4, 2024 results After-Market on Mar 19, 2025Breakeven Date Change • Dec 30Forecast breakeven date moved forward to 2024The 5 analysts covering Gold Royalty previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$500.0k in 2024. Earnings growth of 172% is required to achieve expected profit on schedule.Breakeven Date Change • Nov 06Forecast breakeven date moved forward to 2024The 5 analysts covering Gold Royalty previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$500.0k in 2024. Earnings growth of 172% is required to achieve expected profit on schedule.Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$0.02 (vs US$0.013 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.02 (up from US$0.013 loss in 3Q 2023). Net income: US$3.42m (up US$5.24m from 3Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.공시 • Oct 24Gold Royalty Corp. to Report Q3, 2024 Results on Nov 04, 2024Gold Royalty Corp. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024Buy Or Sell Opportunity • Oct 02Now 21% overvaluedOver the last 90 days, the stock has fallen 3.1% to €1.25. The fair value is estimated to be €1.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 45%.New Risk • Sep 27New major risk - Revenue and earnings growthEarnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$76m). Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).Buy Or Sell Opportunity • Sep 13Now 23% overvaluedOver the last 90 days, the stock has fallen 17% to €1.13. The fair value is estimated to be €0.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 170% in a year. Earnings are forecast to grow by 93% in the next year.Buy Or Sell Opportunity • Aug 20Now 21% overvaluedOver the last 90 days, the stock has fallen 29% to €1.28. The fair value is estimated to be €1.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 170% in a year. Earnings are forecast to grow by 93% in the next year.Breakeven Date Change • Aug 15No longer forecast to breakevenThe 5 analysts covering Gold Royalty no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$200.0k in 2025. New consensus forecast suggests the company will make a loss of US$300.0k in 2025.Breakeven Date Change • Jul 22Forecast to breakeven in 2025The 4 analysts covering Gold Royalty expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 95% to 2024. The company is expected to make a profit of US$200.0k in 2025. Average annual earnings growth of 155% is required to achieve expected profit on schedule.공시 • Jul 22Gold Royalty Corp. to Report Q2, 2024 Results on Aug 13, 2024Gold Royalty Corp. announced that they will report Q2, 2024 results After-Market on Aug 13, 2024공시 • Jun 06Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of copper stream on the Vares Silver Project from OMF Fund III (CR) Ltd managed by Orion Resource Partners (USA), L.P.Gold Royalty Corp. (NYSEAM:GROY) entered into a binding purchase and sale agreement to acquire copper stream on the Vares Silver Project from OMF Fund III (CR) Ltd managed by Orion Resource Partners (USA), L.P. for $50.6 million on May 28, 2024. The consideration consists of $45 million in cash and $5 million in common equity for 2.906977 million shares of Gold Royalty Corp. As part of the consideration, $50 million was paid towards assets. Gold Royalty Corp expects to fund the acquisition by means of its announced equity offering and borrowings under its revolving credit facility. As amended, the expanded credit facility will consist of a $30 million secured revolving credit facility with an accordion feature providing for an additional $5 million of availability subject to certain conditions. As of May 31, 2024, Gold Royalty Corp. announced closing of its previously announced public offering of units of the Gold Royalty Corp. Pursuant to the Offering, the Gold Royalty Corp. issued, on a bought deal basis, 20,058,300 Units, including 2,616,300 Units pursuant to the full exercise of the over-allotment option, at a price of $1.72 per Unit for aggregate gross proceeds of $34,500,276. The Offering was completed pursuant to an underwriting agreement dated May 28, 2024, between the Company and a syndicate of underwriters led by National Bank Financial Inc. and BMO Capital Markets Corp. as joint bookrunners, and including H.C. Wainwright & Co., LLC, Haywood Securities Inc., Raymond James Ltd. and Scotia Capital Inc. Transaction is materially accretive to Gold Royalty’s cash flow. Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of copper stream on the Vares Silver Project from OMF Fund III (CR) Ltd managed by Orion Resource Partners (USA), L.P. on June 4, 2024. The Vares Stream applies to 100% of copper production from the mining area over the Rupice deposit at the Vares Silver Project operated by a subsidiary of Adriatic Metals plc located in Bosnia and Herzegovina. The Vares Stream has associated ongoing payments equal to 30% of the LME spot copper price, with the effective payable copper fixed at 24.5%. The Acquisition was completed pursuant to a purchase and sale agreement dated May 28, 2024, between the Company and OMF, an entity managed by Orion Mine Finance Management LP.Buy Or Sell Opportunity • Jun 03Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to €1.50. The fair value is estimated to be €1.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 80%. Revenue is forecast to grow by 210% in a year. Earnings are forecast to grow by 95% in the next year.Recent Insider Transactions • Jun 03Lead Independent Director recently bought €922k worth of stockOn the 31st of May, Warren Philip Gilman bought around 581k shares on-market at roughly €1.59 per share. This transaction amounted to 83% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €873k more in shares than they have sold in the last 12 months.공시 • May 29Gold Royalty Corp. has completed a Composite Units Offering in the amount of $30.00024 million.Gold Royalty Corp. has completed a Composite Units Offering in the amount of $30.00024 million. Security Name: Units Security Type: Debt/Derivative Unit Securities Offered: 17,442,000 Price\Range: $1.72 Discount Per Security: $0.086New Risk • May 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$33m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$33m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change).New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$33m). Share price has been volatile over the past 3 months (9.7% average weekly change).New Risk • May 15New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$25m Forecast net loss in 1 year: US$1.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$33m). Currently unprofitable and not forecast to become profitable next year (US$1.4m net loss next year). Share price has been volatile over the past 3 months (9.8% average weekly change). Significant insider selling over the past 3 months (€53k sold).Reported Earnings • May 14First quarter 2024 earnings released: US$0.01 loss per share (vs US$0.021 loss in 1Q 2023)First quarter 2024 results: US$0.01 loss per share (improved from US$0.021 loss in 1Q 2023). Net loss: US$1.41m (loss narrowed 54% from 1Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe.Breakeven Date Change • Apr 28Forecast breakeven date pushed back to 2026The 5 analysts covering Gold Royalty previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 61% per year to 2025. The company is expected to make a profit of US$5.90m in 2026. Average annual earnings growth of 84% is required to achieve expected profit on schedule.공시 • Apr 24Gold Royalty Corp., Annual General Meeting, Jun 11, 2024Gold Royalty Corp., Annual General Meeting, Jun 11, 2024.공시 • Apr 23+ 1 more updateGold Royalty Corp. to Report Q1, 2024 Results on May 13, 2024Gold Royalty Corp. announced that they will report Q1, 2024 results After-Market on May 13, 2024New Risk • Apr 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$36m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$36m free cash flow). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Significant insider selling over the past 3 months (€167k sold). Revenue is less than US$5m (US$3.0m revenue).공시 • Mar 29Gold Royalty Corp. Provides Revenue Guidance for the Year 2024Gold Royalty Corp. provided revenue guidance for the year 2024. The Company currently forecasts between approximately 5,000 and 5,600 GEOs in 2024 which equates to approximately $10.0 million to $11.2 million in Total Revenue, Land Agreement Proceeds and Interest at a gold price of $2,000 per ounce.Reported Earnings • Mar 28Full year 2023 earnings released: US$0.18 loss per share (vs US$0.061 loss in FY 2022)Full year 2023 results: US$0.18 loss per share (further deteriorated from US$0.061 loss in FY 2022). Net loss: US$26.8m (loss widened 204% from FY 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in Europe.공시 • Feb 24Gold Royalty Corp. to Report Q4, 2023 Results on Mar 28, 2024Gold Royalty Corp. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 28, 2024Recent Insider Transactions • Feb 16Director recently sold €51k worth of stockOn the 12th of February, Glenn Mullan sold around 38k shares on-market at roughly €1.37 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €91k. Insiders have been net sellers, collectively disposing of €228k more than they bought in the last 12 months.New Risk • Dec 27New major risk - Revenue and earnings growthRevenue has declined by 76% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue has declined by 76% over the past year. Revenue is less than US$1m (US$949k revenue). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Significant insider selling over the past 3 months (€168k sold).공시 • Dec 22Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of a Portfolio of 22 royalties located in Québec from SOQUEM Inc.Gold Royalty Corp. (NYSEAM:GROY) entered into an agreement to acquire a Portfolio of 22 royalties located in Québec from SOQUEM Inc. for CAD 1 million on November 2, 2023. The consideration was satisfied through the issuance of 496,785 common shares to SOQUEM. Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of a Portfolio of 22 royalties located in Québec from SOQUEM Inc. on December 21, 2023.Recent Insider Transactions • Dec 21Director recently sold €91k worth of stockOn the 15th of December, Glenn Mullan sold around 66k shares on-market at roughly €1.39 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €182k more than they bought in the last 12 months.공시 • Dec 20Gold Royalty Corp. announced that it has received $40 million in funding from Queen's Road Capital Investment Ltd.On December 19, 2023, Gold Royalty Corp. closed the transaction.Recent Insider Transactions • Dec 13Independent Director recently bought €69k worth of stockOn the 8th of December, Alan T. Hair bought around 50k shares on-market at roughly €1.39 per share. This transaction increased Alan T.'s direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €91k more in shares than they bought in the last 12 months.Breakeven Date Change • Dec 08No longer forecast to breakevenThe 6 analysts covering Gold Royalty no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$500.0k in 2025. New consensus forecast suggests the company will make a loss of US$6.30m in 2025.공시 • Dec 07Gold Royalty Corp. announced that it expects to receive $40 million in funding from Queen's Road Capital Investment Ltd. and another investorGold Royalty Corp. announces private placement of 10% Unsecured Convertible Debentures for gross proceeds of $40,000,000 on December 5, 2023.The Debentures will be unsecured and carry a 10% coupon (the "Interest") over a 5-year term, of which 70% (equal to 7% per annum) is payable in cash and 30% (equal to 3% per annum) is payable in Common Shares issuable at a price equal to the 20-day volume-weighted average trading price ("VWAP") calculated at each interest payment date. The Debentures will be convertible at the holder's option into Common Shares at a conversion price of $1.90, equal to a 30% premium to the 20-day VWAP at the date of this announcement. The Offering is subject to the satisfaction of customary closing conditions, including, among other things, receipt of applicable stock exchange approval and the absence of certain material adverse changes. The transaction included participation from Queen's Road Capital Investment Ltd. for $30,000,000 and by Taurus Mining Royalty Fund L.P for $10,000,000 of debentures. The Company will be entitled to redeem the Debentures at par within a period of fourteen days from the third anniversary of the date of the issuance of the Debentures. Should the Company exercise its right to redeem the Debentures during this period, the holders are entitled to convert all of the outstanding Debentures into Common Shares at a conversion price of $1.75, equal to a 20% premium to the 20-day VWAP at the date of this announcement.New Risk • Nov 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue is less than US$1m (US$949k revenue). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$7.3m net loss next year). Share price has been volatile over the past 3 months (6.5% average weekly change).Reported Earnings • Nov 19Third quarter 2023 earnings released: US$0.013 loss per share (vs US$0.035 loss in 3Q 2022)Third quarter 2023 results: US$0.013 loss per share (improved from US$0.035 loss in 3Q 2022). Net loss: US$1.82m (loss narrowed 61% from 3Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.공시 • Nov 17Gold Royalty Corp. Provides Production GuidanceManagement currently believes Gold Royalty Corp. is on track to meet its previously disclosed forecast of $5.5 million and $6.5 million in Total Revenue and Land Agreement Proceeds in 2023 based on the production guidance published to date by the operators of the properties underlying the Company's interests, a forecasted gold price ranging from $1,700 to $2,000 per ounce and expected payments from land.New Risk • Nov 16New major risk - Revenue and earnings growthRevenue has declined by 3.8% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue has declined by 3.8% over the past year. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$12m). Revenue is less than US$5m (US$2.6m revenue).공시 • Oct 18Gold Royalty Corp. to Report Q3, 2023 Results on Nov 14, 2023Gold Royalty Corp. announced that they will report Q3, 2023 results After-Market on Nov 14, 2023Board Change • Aug 21High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. Lead Independent Director Warren Philip Gilman is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.New Risk • Aug 13New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$12m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$12m). Currently unprofitable and not forecast to become profitable over next 2 years (US$2.6m net loss in 2 years). Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Significant insider selling over the past 3 months (€235k sold). Revenue is less than US$5m (US$2.6m revenue).공시 • Aug 12Gold Royalty Corp. Maintains Earnings Guidance for the Year 2023Gold Royalty Corp. maintained earnings guidance for the year 2023. The company has maintained its revenue guidance for the full year and expects to substantially recover the delayed revenue from gold production in the second half of 2023. Management currently believes the company is on track to meet its previously disclosed forecast of $5.5 million and $6.5 million in total revenues and land agreement proceeds in 2023 based on the production guidance published to date by the operators of the properties underlying the Company's interests, a forecasted gold price ranging from $1,700 to $2,000 per ounce and expected payments from land agreements.Reported Earnings • Aug 11Third quarter 2023 earnings released: US$0.017 loss per share (vs US$0.026 loss in 3Q 2022)Third quarter 2023 results: US$0.017 loss per share (improved from US$0.026 loss in 3Q 2022). Net loss: US$2.50m (loss narrowed 27% from 3Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.New Risk • Jun 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €107k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 232% Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Significant insider selling over the past 3 months (€107k sold). Revenue is less than US$5m (US$2.5m revenue).Recent Insider Transactions • Jun 11Director recently sold €57k worth of stockOn the 7th of June, Glenn Mullan sold around 31k shares on-market at roughly €1.84 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €114k more than they sold in the last 12 months.Upcoming Dividend • Jun 09Upcoming dividend of US$0.01 per share at 2.0% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 30 June 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.7%).공시 • May 25Gold Royalty Corp. Declares Cash Dividend for Second Quarter 2023, Payable on June 30, 2023Gold Royalty Corp. announced that its board of directors has declared the Company’s second quarter 2023 cash dividend of USD 0.01 per common share. The dividend will be paid on June 30, 2023 to shareholders of record as of the close of business on June 20, 2023.공시 • May 12Gold Royalty Corp. Provides Revenue Guidance for the Year 2023Gold Royalty Corp. provided revenue guidance for the year 2023. Management believes the company is on track to meet its previously disclosed forecast of $5.5 million and $6.5 million in Total Revenues and Option Proceeds in 2023 based on the production guidance published to date by the operators of the properties underlying the Company's interests, a forecasted gold price ranging from $1,700 to $2,000 per ounce and expected payments on optioned properties.Board Change • May 11High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Lead Independent Director Warren Philip Gilman is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • Apr 11High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Lead Independent Director Warren Philip Gilman is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 6LS0 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 6LS0 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Gold Royalty 배당 수익률 vs 시장6LS0의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6LS0)0%시장 하위 25% (DE)1.5%시장 상위 25% (DE)4.5%업계 평균 (Metals and Mining)1.4%분석가 예측 (6LS0) (최대 3년)0%주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 6LS0 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 6LS0 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 6LS0 German 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 6LS0 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YDE 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 16:14종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Gold Royalty Corp.는 10명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Rene CartierBMO Capital Markets Equity ResearchBrian QuastBMO Capital Markets Equity ResearchCarey MacRuryCanaccord Genuity7명의 분석가 더 보기
Upcoming Dividend • Jun 09Upcoming dividend of US$0.01 per share at 2.0% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 30 June 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.7%).
공시 • May 25Gold Royalty Corp. Declares Cash Dividend for Second Quarter 2023, Payable on June 30, 2023Gold Royalty Corp. announced that its board of directors has declared the Company’s second quarter 2023 cash dividend of USD 0.01 per common share. The dividend will be paid on June 30, 2023 to shareholders of record as of the close of business on June 20, 2023.
Board Change • May 20Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Angela Johnson was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
공시 • Apr 28Gold Royalty Reiterates Its 2026 Full-Year Production GuidanceGold Royalty maintained its 2026 full-year production guidance. The company reiterated production guidance of 7,500 - 9,300 GEOs as released on March 18, 2026, with production more heavily weighted to the second half as DPM Metals' Vareš mine production is expected to reach its full run rate of 850,000 tonnes per year in 2026 and as Fortitude Gold's County Line mine ramps up after commencing operations in January.
공시 • Apr 27Gold Royalty Corp. to Report Q1, 2026 Results on May 06, 2026Gold Royalty Corp. announced that they will report Q1, 2026 results After-Market on May 06, 2026
공시 • Mar 20Gold Royalty Corp. Provides Production Guidance for the Fiscal Year 2026Gold Royalty Corp. provided production guidance for the fiscal year 2026. Total gold equivalent ounces (GEOs) are currently expected to increase to 7,500-9,300 in 2026, due to the continued ramp-up of cash flowing assets and incorporates the addition of the Pedra Branca and an additional royalty on Borborema in late 2025 and early 2026, respectively. This outlook represents a mid-point increase of over 60% from 2025 results.
공시 • Feb 17Gold Royalty Corp., Annual General Meeting, Apr 20, 2026Gold Royalty Corp., Annual General Meeting, Apr 20, 2026.
공시 • Jan 22Gold Royalty Corp. to Report Q4, 2025 Results on Mar 18, 2026Gold Royalty Corp. announced that they will report Q4, 2025 results After-Market on Mar 18, 2026
공시 • Dec 11Gold Royalty Corp. has completed a Follow-on Equity Offering in the amount of $90 million.Gold Royalty Corp. has completed a Follow-on Equity Offering in the amount of $90 million. Security Name: Common Shares Security Type: Common Stock Securities Offered: 22,500,000 Price\Range: $4 Discount Per Security: $0.18
공시 • Dec 08Gold Royalty Corp. has filed a Follow-on Equity Offering.Gold Royalty Corp. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock
공시 • Oct 24Gold Royalty Corp. to Report Q3, 2025 Results on Nov 05, 2025Gold Royalty Corp. announced that they will report Q3, 2025 results After-Market on Nov 05, 2025
공시 • Jul 25Gold Royalty Corp. to Report Q2, 2025 Results on Aug 06, 2025Gold Royalty Corp. announced that they will report Q2, 2025 results at 4:00 PM, US Eastern Standard Time on Aug 06, 2025
공시 • May 19Gold Royalty Corp., Annual General Meeting, Jun 16, 2025Gold Royalty Corp., Annual General Meeting, Jun 16, 2025. Location: 1000 cathedral place, 925 west georgia street, british columbia, canada, vancouver Canada
공시 • Apr 25Gold Royalty Maintains Production Guidance for Full Year 2025Gold Royalty maintains production guidance for full year 2025. For the year, the company continues to expect 5,700 - 7,000 GEOs as released on March 20, 2025, and expects that production will be more heavily weighted to the second half of the year as recently-started mining operations including Côté, Vareš, and Borborema continue to ramp up towards full production run rates through 2025.
공시 • Apr 24Gold Royalty Corp. to Report Q1, 2025 Results on May 07, 2025Gold Royalty Corp. announced that they will report Q1, 2025 results at 4:00 PM, US Eastern Standard Time on May 07, 2025
공시 • Mar 20Gold Royalty Corp. Provides Operating Guidance for the Fiscal Year 2025Gold Royalty Corp. provided operating guidance for the fiscal year 2025. for the year, the company's Total Gold Equivalent Ounces are currently expected to increase to 5,700-7,000. This outlook represents an increase of approximately 16% from 2024.
공시 • Jan 30Gold Royalty Corp. to Report Q4, 2024 Results on Mar 19, 2025Gold Royalty Corp. announced that they will report Q4, 2024 results After-Market on Mar 19, 2025
Breakeven Date Change • Dec 30Forecast breakeven date moved forward to 2024The 5 analysts covering Gold Royalty previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$500.0k in 2024. Earnings growth of 172% is required to achieve expected profit on schedule.
Breakeven Date Change • Nov 06Forecast breakeven date moved forward to 2024The 5 analysts covering Gold Royalty previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$500.0k in 2024. Earnings growth of 172% is required to achieve expected profit on schedule.
Reported Earnings • Nov 06Third quarter 2024 earnings released: EPS: US$0.02 (vs US$0.013 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.02 (up from US$0.013 loss in 3Q 2023). Net income: US$3.42m (up US$5.24m from 3Q 2023). Revenue is forecast to grow 36% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
공시 • Oct 24Gold Royalty Corp. to Report Q3, 2024 Results on Nov 04, 2024Gold Royalty Corp. announced that they will report Q3, 2024 results After-Market on Nov 04, 2024
Buy Or Sell Opportunity • Oct 02Now 21% overvaluedOver the last 90 days, the stock has fallen 3.1% to €1.25. The fair value is estimated to be €1.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 45%.
New Risk • Sep 27New major risk - Revenue and earnings growthEarnings have declined by 22% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 22% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$76m). Share price has been volatile over the past 3 months (7.3% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding).
Buy Or Sell Opportunity • Sep 13Now 23% overvaluedOver the last 90 days, the stock has fallen 17% to €1.13. The fair value is estimated to be €0.92, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 170% in a year. Earnings are forecast to grow by 93% in the next year.
Buy Or Sell Opportunity • Aug 20Now 21% overvaluedOver the last 90 days, the stock has fallen 29% to €1.28. The fair value is estimated to be €1.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 51% over the last 3 years. Earnings per share has grown by 45%. Revenue is forecast to grow by 170% in a year. Earnings are forecast to grow by 93% in the next year.
Breakeven Date Change • Aug 15No longer forecast to breakevenThe 5 analysts covering Gold Royalty no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$200.0k in 2025. New consensus forecast suggests the company will make a loss of US$300.0k in 2025.
Breakeven Date Change • Jul 22Forecast to breakeven in 2025The 4 analysts covering Gold Royalty expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 95% to 2024. The company is expected to make a profit of US$200.0k in 2025. Average annual earnings growth of 155% is required to achieve expected profit on schedule.
공시 • Jul 22Gold Royalty Corp. to Report Q2, 2024 Results on Aug 13, 2024Gold Royalty Corp. announced that they will report Q2, 2024 results After-Market on Aug 13, 2024
공시 • Jun 06Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of copper stream on the Vares Silver Project from OMF Fund III (CR) Ltd managed by Orion Resource Partners (USA), L.P.Gold Royalty Corp. (NYSEAM:GROY) entered into a binding purchase and sale agreement to acquire copper stream on the Vares Silver Project from OMF Fund III (CR) Ltd managed by Orion Resource Partners (USA), L.P. for $50.6 million on May 28, 2024. The consideration consists of $45 million in cash and $5 million in common equity for 2.906977 million shares of Gold Royalty Corp. As part of the consideration, $50 million was paid towards assets. Gold Royalty Corp expects to fund the acquisition by means of its announced equity offering and borrowings under its revolving credit facility. As amended, the expanded credit facility will consist of a $30 million secured revolving credit facility with an accordion feature providing for an additional $5 million of availability subject to certain conditions. As of May 31, 2024, Gold Royalty Corp. announced closing of its previously announced public offering of units of the Gold Royalty Corp. Pursuant to the Offering, the Gold Royalty Corp. issued, on a bought deal basis, 20,058,300 Units, including 2,616,300 Units pursuant to the full exercise of the over-allotment option, at a price of $1.72 per Unit for aggregate gross proceeds of $34,500,276. The Offering was completed pursuant to an underwriting agreement dated May 28, 2024, between the Company and a syndicate of underwriters led by National Bank Financial Inc. and BMO Capital Markets Corp. as joint bookrunners, and including H.C. Wainwright & Co., LLC, Haywood Securities Inc., Raymond James Ltd. and Scotia Capital Inc. Transaction is materially accretive to Gold Royalty’s cash flow. Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of copper stream on the Vares Silver Project from OMF Fund III (CR) Ltd managed by Orion Resource Partners (USA), L.P. on June 4, 2024. The Vares Stream applies to 100% of copper production from the mining area over the Rupice deposit at the Vares Silver Project operated by a subsidiary of Adriatic Metals plc located in Bosnia and Herzegovina. The Vares Stream has associated ongoing payments equal to 30% of the LME spot copper price, with the effective payable copper fixed at 24.5%. The Acquisition was completed pursuant to a purchase and sale agreement dated May 28, 2024, between the Company and OMF, an entity managed by Orion Mine Finance Management LP.
Buy Or Sell Opportunity • Jun 03Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to €1.50. The fair value is estimated to be €1.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 26% over the last year. Earnings per share has declined by 80%. Revenue is forecast to grow by 210% in a year. Earnings are forecast to grow by 95% in the next year.
Recent Insider Transactions • Jun 03Lead Independent Director recently bought €922k worth of stockOn the 31st of May, Warren Philip Gilman bought around 581k shares on-market at roughly €1.59 per share. This transaction amounted to 83% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €873k more in shares than they have sold in the last 12 months.
공시 • May 29Gold Royalty Corp. has completed a Composite Units Offering in the amount of $30.00024 million.Gold Royalty Corp. has completed a Composite Units Offering in the amount of $30.00024 million. Security Name: Units Security Type: Debt/Derivative Unit Securities Offered: 17,442,000 Price\Range: $1.72 Discount Per Security: $0.086
New Risk • May 29New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$33m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$33m free cash flow). Earnings have declined by 21% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.0% average weekly change).
New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$33m). Share price has been volatile over the past 3 months (9.7% average weekly change).
New Risk • May 15New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next year. Trailing 12-month net loss: US$25m Forecast net loss in 1 year: US$1.4m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$33m). Currently unprofitable and not forecast to become profitable next year (US$1.4m net loss next year). Share price has been volatile over the past 3 months (9.8% average weekly change). Significant insider selling over the past 3 months (€53k sold).
Reported Earnings • May 14First quarter 2024 earnings released: US$0.01 loss per share (vs US$0.021 loss in 1Q 2023)First quarter 2024 results: US$0.01 loss per share (improved from US$0.021 loss in 1Q 2023). Net loss: US$1.41m (loss narrowed 54% from 1Q 2023). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Metals and Mining industry in Europe.
Breakeven Date Change • Apr 28Forecast breakeven date pushed back to 2026The 5 analysts covering Gold Royalty previously expected the company to break even in 2025. New consensus forecast suggests losses will reduce by 61% per year to 2025. The company is expected to make a profit of US$5.90m in 2026. Average annual earnings growth of 84% is required to achieve expected profit on schedule.
공시 • Apr 24Gold Royalty Corp., Annual General Meeting, Jun 11, 2024Gold Royalty Corp., Annual General Meeting, Jun 11, 2024.
공시 • Apr 23+ 1 more updateGold Royalty Corp. to Report Q1, 2024 Results on May 13, 2024Gold Royalty Corp. announced that they will report Q1, 2024 results After-Market on May 13, 2024
New Risk • Apr 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$36m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Less than 1 year of cash runway based on free cash flow trend (-US$36m free cash flow). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Significant insider selling over the past 3 months (€167k sold). Revenue is less than US$5m (US$3.0m revenue).
공시 • Mar 29Gold Royalty Corp. Provides Revenue Guidance for the Year 2024Gold Royalty Corp. provided revenue guidance for the year 2024. The Company currently forecasts between approximately 5,000 and 5,600 GEOs in 2024 which equates to approximately $10.0 million to $11.2 million in Total Revenue, Land Agreement Proceeds and Interest at a gold price of $2,000 per ounce.
Reported Earnings • Mar 28Full year 2023 earnings released: US$0.18 loss per share (vs US$0.061 loss in FY 2022)Full year 2023 results: US$0.18 loss per share (further deteriorated from US$0.061 loss in FY 2022). Net loss: US$26.8m (loss widened 204% from FY 2022). Revenue is forecast to grow 35% p.a. on average during the next 3 years, compared to a 1.1% growth forecast for the Metals and Mining industry in Europe.
공시 • Feb 24Gold Royalty Corp. to Report Q4, 2023 Results on Mar 28, 2024Gold Royalty Corp. announced that they will report Q4, 2023 results at 4:00 PM, US Eastern Standard Time on Mar 28, 2024
Recent Insider Transactions • Feb 16Director recently sold €51k worth of stockOn the 12th of February, Glenn Mullan sold around 38k shares on-market at roughly €1.37 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €91k. Insiders have been net sellers, collectively disposing of €228k more than they bought in the last 12 months.
New Risk • Dec 27New major risk - Revenue and earnings growthRevenue has declined by 76% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue has declined by 76% over the past year. Revenue is less than US$1m (US$949k revenue). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Significant insider selling over the past 3 months (€168k sold).
공시 • Dec 22Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of a Portfolio of 22 royalties located in Québec from SOQUEM Inc.Gold Royalty Corp. (NYSEAM:GROY) entered into an agreement to acquire a Portfolio of 22 royalties located in Québec from SOQUEM Inc. for CAD 1 million on November 2, 2023. The consideration was satisfied through the issuance of 496,785 common shares to SOQUEM. Gold Royalty Corp. (NYSEAM:GROY) completed the acquisition of a Portfolio of 22 royalties located in Québec from SOQUEM Inc. on December 21, 2023.
Recent Insider Transactions • Dec 21Director recently sold €91k worth of stockOn the 15th of December, Glenn Mullan sold around 66k shares on-market at roughly €1.39 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €182k more than they bought in the last 12 months.
공시 • Dec 20Gold Royalty Corp. announced that it has received $40 million in funding from Queen's Road Capital Investment Ltd.On December 19, 2023, Gold Royalty Corp. closed the transaction.
Recent Insider Transactions • Dec 13Independent Director recently bought €69k worth of stockOn the 8th of December, Alan T. Hair bought around 50k shares on-market at roughly €1.39 per share. This transaction increased Alan T.'s direct individual holding by 3x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €91k more in shares than they bought in the last 12 months.
Breakeven Date Change • Dec 08No longer forecast to breakevenThe 6 analysts covering Gold Royalty no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$500.0k in 2025. New consensus forecast suggests the company will make a loss of US$6.30m in 2025.
공시 • Dec 07Gold Royalty Corp. announced that it expects to receive $40 million in funding from Queen's Road Capital Investment Ltd. and another investorGold Royalty Corp. announces private placement of 10% Unsecured Convertible Debentures for gross proceeds of $40,000,000 on December 5, 2023.The Debentures will be unsecured and carry a 10% coupon (the "Interest") over a 5-year term, of which 70% (equal to 7% per annum) is payable in cash and 30% (equal to 3% per annum) is payable in Common Shares issuable at a price equal to the 20-day volume-weighted average trading price ("VWAP") calculated at each interest payment date. The Debentures will be convertible at the holder's option into Common Shares at a conversion price of $1.90, equal to a 30% premium to the 20-day VWAP at the date of this announcement. The Offering is subject to the satisfaction of customary closing conditions, including, among other things, receipt of applicable stock exchange approval and the absence of certain material adverse changes. The transaction included participation from Queen's Road Capital Investment Ltd. for $30,000,000 and by Taurus Mining Royalty Fund L.P for $10,000,000 of debentures. The Company will be entitled to redeem the Debentures at par within a period of fourteen days from the third anniversary of the date of the issuance of the Debentures. Should the Company exercise its right to redeem the Debentures during this period, the holders are entitled to convert all of the outstanding Debentures into Common Shares at a conversion price of $1.75, equal to a 20% premium to the 20-day VWAP at the date of this announcement.
New Risk • Nov 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue is less than US$1m (US$949k revenue). Minor Risks Currently unprofitable and not forecast to become profitable next year (US$7.3m net loss next year). Share price has been volatile over the past 3 months (6.5% average weekly change).
Reported Earnings • Nov 19Third quarter 2023 earnings released: US$0.013 loss per share (vs US$0.035 loss in 3Q 2022)Third quarter 2023 results: US$0.013 loss per share (improved from US$0.035 loss in 3Q 2022). Net loss: US$1.82m (loss narrowed 61% from 3Q 2022). Revenue is forecast to grow 48% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
공시 • Nov 17Gold Royalty Corp. Provides Production GuidanceManagement currently believes Gold Royalty Corp. is on track to meet its previously disclosed forecast of $5.5 million and $6.5 million in Total Revenue and Land Agreement Proceeds in 2023 based on the production guidance published to date by the operators of the properties underlying the Company's interests, a forecasted gold price ranging from $1,700 to $2,000 per ounce and expected payments from land.
New Risk • Nov 16New major risk - Revenue and earnings growthRevenue has declined by 3.8% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue has declined by 3.8% over the past year. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$12m). Revenue is less than US$5m (US$2.6m revenue).
공시 • Oct 18Gold Royalty Corp. to Report Q3, 2023 Results on Nov 14, 2023Gold Royalty Corp. announced that they will report Q3, 2023 results After-Market on Nov 14, 2023
Board Change • Aug 21High number of new and inexperienced directorsThere are 8 new directors who have joined the board in the last 3 years. The company's board is composed of: 8 new directors. 2 experienced directors. No highly experienced directors. Lead Independent Director Warren Philip Gilman is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
New Risk • Aug 13New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -US$12m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Less than 1 year of cash runway based on current free cash flow (-US$12m). Currently unprofitable and not forecast to become profitable over next 2 years (US$2.6m net loss in 2 years). Shareholders have been diluted in the past year (7.8% increase in shares outstanding). Significant insider selling over the past 3 months (€235k sold). Revenue is less than US$5m (US$2.6m revenue).
공시 • Aug 12Gold Royalty Corp. Maintains Earnings Guidance for the Year 2023Gold Royalty Corp. maintained earnings guidance for the year 2023. The company has maintained its revenue guidance for the full year and expects to substantially recover the delayed revenue from gold production in the second half of 2023. Management currently believes the company is on track to meet its previously disclosed forecast of $5.5 million and $6.5 million in total revenues and land agreement proceeds in 2023 based on the production guidance published to date by the operators of the properties underlying the Company's interests, a forecasted gold price ranging from $1,700 to $2,000 per ounce and expected payments from land agreements.
Reported Earnings • Aug 11Third quarter 2023 earnings released: US$0.017 loss per share (vs US$0.026 loss in 3Q 2022)Third quarter 2023 results: US$0.017 loss per share (improved from US$0.026 loss in 3Q 2022). Net loss: US$2.50m (loss narrowed 27% from 3Q 2022). Revenue is forecast to grow 42% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
New Risk • Jun 12New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €107k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 232% Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Significant insider selling over the past 3 months (€107k sold). Revenue is less than US$5m (US$2.5m revenue).
Recent Insider Transactions • Jun 11Director recently sold €57k worth of stockOn the 7th of June, Glenn Mullan sold around 31k shares on-market at roughly €1.84 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought €114k more than they sold in the last 12 months.
Upcoming Dividend • Jun 09Upcoming dividend of US$0.01 per share at 2.0% yieldEligible shareholders must have bought the stock before 16 June 2023. Payment date: 30 June 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.7%).
공시 • May 25Gold Royalty Corp. Declares Cash Dividend for Second Quarter 2023, Payable on June 30, 2023Gold Royalty Corp. announced that its board of directors has declared the Company’s second quarter 2023 cash dividend of USD 0.01 per common share. The dividend will be paid on June 30, 2023 to shareholders of record as of the close of business on June 20, 2023.
공시 • May 12Gold Royalty Corp. Provides Revenue Guidance for the Year 2023Gold Royalty Corp. provided revenue guidance for the year 2023. Management believes the company is on track to meet its previously disclosed forecast of $5.5 million and $6.5 million in Total Revenues and Option Proceeds in 2023 based on the production guidance published to date by the operators of the properties underlying the Company's interests, a forecasted gold price ranging from $1,700 to $2,000 per ounce and expected payments on optioned properties.
Board Change • May 11High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Lead Independent Director Warren Philip Gilman is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • Apr 11High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. No experienced directors. No highly experienced directors. Lead Independent Director Warren Philip Gilman is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.