Gold Royalty Corp.

NYSEAM:GROY Stock Report

Market Cap: US$201.5m

Gold Royalty Management

Management criteria checks 3/4

Gold Royalty's CEO is Dave Garofalo, appointed in Aug 2020, has a tenure of 4.33 years. total yearly compensation is $1.02M, comprised of 47.1% salary and 52.9% bonuses, including company stock and options. directly owns 0.4% of the company’s shares, worth $806.26K. The average tenure of the management team and the board of directors is 3.1 years and 3.7 years respectively.

Key information

Dave Garofalo

Chief executive officer

US$1.0m

Total compensation

CEO salary percentage47.1%
CEO tenure4.3yrs
CEO ownership0.4%
Management average tenure3.1yrs
Board average tenure3.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Garofalo's remuneration changed compared to Gold Royalty's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-US$20m

Jun 30 2024n/an/a

-US$25m

Mar 31 2024n/an/a

-US$25m

Dec 31 2023US$1mUS$480k

-US$27m

Sep 30 2023n/an/a

-US$10m

Jun 30 2023n/an/a

-US$12m

Mar 31 2023n/an/a

-US$13m

Dec 31 2022US$871kUS$83k

-US$13m

Sep 30 2022n/an/a

-US$17m

Jun 30 2022n/an/a

-US$22m

Mar 31 2022n/an/a

-US$21m

Dec 31 2021n/an/a

-US$21m

Sep 30 2021US$1mUS$180k

-US$15m

Compensation vs Market: Dave's total compensation ($USD1.02M) is about average for companies of similar size in the US market ($USD1.38M).

Compensation vs Earnings: Dave's compensation has increased whilst the company is unprofitable.

CEO

Dave Garofalo (59 yo)

4.3yrs

Tenure

US$1,018,197

Compensation

Mr. David A. Garofalo, also known as Dave, B. Comm, C. A. CPA and ICD. D. serves as Special Advisor to the Board of Directors at Alto Verde Copper Inc. He served as Strategic Advisor Board at Goldshore Res...

Leadership Team

NamePositionTenureCompensationOwnership
David Garofalo
CEO, President & Chairman4.3yrsUS$1.02m0.40%
$ 806.3k
Andrew Gubbels
Chief Financial Officer1.9yrsUS$491.47k0.067%
$ 135.8k
John Griffith
Chief Development Officer4.3yrsUS$506.75k0.097%
$ 194.7k
Samuel Mah
Vice President of Evaluations3.4yrsUS$425.21k0.060%
$ 120.0k
Ryan Hass
Manager of Operations and FP&Ano datano datano data
Edmund Borketey
Director of Accounting2.9yrsno datano data
Alastair Still
Director of Technical Services4.2yrsno data0.042%
$ 83.8k
Peter Behncke
Director of Corporate Development & Investor Relations3.1yrsno datano data
Katherine Arblaster
Vice President of Sustainability2.1yrsno datano data
Jackie Przybylowski
Vice President of Capital Marketsless than a yearno datano data

3.1yrs

Average Tenure

53yo

Average Age

Experienced Management: GROY's management team is considered experienced (3.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
David Garofalo
CEO, President & Chairman4.3yrsUS$1.02m0.40%
$ 806.3k
Alan T. Hair
Independent Director4.1yrsUS$124.75k0.099%
$ 198.9k
Amir Adnani
Chair of Advisory Board1.9yrsUS$138.05k0.64%
$ 1.3m
Warren Philip Gilman
Lead Independent Director4.3yrsUS$161.33k0.78%
$ 1.6m
Karri Howlett
Independent Director2.8yrsUS$124.77k0.045%
$ 90.6k
Ken Robertson
Independent Director4.1yrsUS$128.49k0.037%
$ 74.5k
Timothy Young
Member of Advisory Board3.3yrsno datano data
Angela Johnson
Independent Director1.8yrsUS$220.14k0.029%
$ 57.9k

3.7yrs

Average Tenure

59yo

Average Age

Experienced Board: GROY's board of directors are considered experienced (3.7 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 22:44
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gold Royalty Corp. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Brian QuastBMO Capital Markets Equity Research
Kerry SmithHaywood Securities Inc.
Gianluca TucciHaywood Securities Inc.