Gold Royalty Corp. Completes $45 Million Acquisition, Reports Record Revenue for 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Acquisition Completed: Gold Royalty Corp. successfully acquired a net smelter returns royalty from Dundee Corporation for a total consideration of $45 million, with $30 million paid in cash and the remainder satisfied by issuing 3,571,429 common shares, thereby enhancing the company's asset portfolio.
- Revenue Growth: In Q4 2025, total revenue, land agreement proceeds, and interest increased by approximately 37% year-over-year to $5.2 million, with revenue of $4.2 million, equating to 1,255 gold equivalent ounces (GEO), showcasing the company's strong performance in the gold market.
- Cash Flow Enhancement: Total revenue for 2025 reached $17.7 million, a 38% increase from 2024, with revenue of $13.9 million, reflecting strong operational performance from royalty interests in Borden and Borborema, despite lower-than-expected production from the Vareš mine.
- Future Outlook: Gold Royalty expects the newly acquired Pedra Branca and Borborema royalties to significantly contribute to revenue growth in 2026 and beyond, further solidifying the company's leading position in the gold royalty sector.
Analyst Views on GROY
Wall Street analysts forecast GROY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GROY is 5.21 USD with a low forecast of 4.75 USD and a high forecast of 6.25 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 5.210
Low
4.75
Averages
5.21
High
6.25
Current: 5.210
Low
4.75
Averages
5.21
High
6.25
About GROY
Gold Royalty Corp. is a Canada-based gold-focused royalty company offering financing solutions to the metals and mining industry. Its diversified portfolio includes approximately 248 royalty and streaming interests across properties of various stages, of which seven are on cash flowing assets. In acquiring newly created interests, the Company acts as a source of financing to mining companies for the development and exploration of projects. It does not conduct exploration, development or mining operations on the properties in which it holds interests. The Company's royalties include Vares, Isabella Pearl, Canadian Malartic, Borden, Cozamin, Marigold, Granite Creek, Edna Mountain, Bald Mountain, Hammond Reef South, Princesse Annie, Hunter Mine Group, Entre Deux Lacs, Calamity, Winnie Lake, Perestroika Ouest, Lac Lemoyne, Harricana Fault, Blue Mountain, Bejopipa, Bench Depth, Amikougami, Aquilon, Casault, Des Meloizes, Fancamp, and among others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.








