NYSEAM:GROYMetals and Mining
Gold Royalty’s Cash Flow Turnaround Tests Market Pullback And Valuation Gap
Gold Royalty (NYSEAM:GROY) recently reported three consecutive quarters of positive free cash flow, which management has described as a financial inflection point.
The company reported record annual revenue and cash flow, alongside a shift to a zero-debt capital structure after equitizing debt and completing a major equity raise.
Gold Royalty expanded its portfolio with a new royalty on BHP's Pedra Branca mine, adding exposure to an operating asset.
Gold Royalty, which last closed at $3.15,...