NYSEAM:GROYMetals and Mining
Gold Royalty Expands Borborema Royalty Exposure As Valuation Gap Persists
Gold Royalty Corp. (NYSEAM:GROY) has agreed to acquire an additional net smelter royalty on the Borborema gold mine in Brazil from Dundee Corporation.
The deal increases Gold Royalty's royalty interest in a key Brazilian gold project and adds to the company's existing portfolio exposure.
Gold Royalty's share price recently closed at $4.59, with the stock up 12.5% year to date and 94.8% over the past 3 years. The company has also seen a very large 1 year return of 279.3%, although there was...