Gold Royalty Upsizes Credit Facility to $150M
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3 hours ago
0mins
Should l Buy GROY?
Source: seekingalpha
- Credit Facility Expansion: Gold Royalty (GROY) has entered into an agreement to amend and upsize its existing credit facility to $150 million, which includes a $125 million secured revolving credit line and a $25 million accordion feature, enhancing the company's financial flexibility for future investments.
- Maturity Extension: The amended credit facility now matures in November 2028, providing a longer funding horizon that allows the company to better plan its capital expenditures and acquisition strategies over the coming years.
- Support for Acquisition Strategy: This credit expansion will fund Gold Royalty's acquisition strategy, particularly in acquiring the Pedra Branca royalty and related equity financing, further solidifying its market position in the gold sector.
- Positive Market Reaction: The market has reacted positively to Gold Royalty's credit expansion, which is expected to boost investor confidence and potentially drive stock price increases, thereby laying a foundation for the company's future growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy GROY?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on GROY
Wall Street analysts forecast GROY stock price to rise
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 4.270
Low
4.75
Averages
5.21
High
6.25
Current: 4.270
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 others. It also owns royalty of Borborema Gold Project.
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.
Gold Royalty Corp. Upsizes Credit Facility to $150 Million
- Credit Facility Expansion: Gold Royalty Corp. has entered into an agreement to upsize its existing credit facility to $150 million, which includes a $125 million secured revolving credit line and an additional $25 million accordion feature, expected to lower capital costs and support future growth strategies.
- Significant Production Growth: Aura Minerals reported that Borborema mine achieved a production total of 15,777 gold equivalent ounces in Q1 2026, reflecting a 54% quarter-over-quarter increase, indicating that the mine is ramping up to full production capacity, which is likely to drive revenue growth for Gold Royalty.
- Positive Project Developments: IAMGOLD completed the installation of an additional secondary crusher at the Côté Gold project and plans to install an extra Vertimill by early 2027, which is expected to enhance the mine's stability and efficiency, thereby increasing Gold Royalty's long-term revenue potential.
- Cash Flow Growth Expectations: The CEO of Gold Royalty indicated that with the development progress of multiple assets, significant revenue and cash flow growth is anticipated in 2026, particularly from projects like Granite Creek, Odyssey, and Ren, which are expected to contribute substantial cash flows between 2027 and 2030.
See More
Gold Royalty Upsizes Credit Facility to $150M
- Credit Facility Expansion: Gold Royalty (GROY) has entered into an agreement to amend and upsize its existing credit facility to $150 million, which includes a $125 million secured revolving credit line and a $25 million accordion feature, enhancing the company's financial flexibility for future investments.
- Maturity Extension: The amended credit facility now matures in November 2028, providing a longer funding horizon that allows the company to better plan its capital expenditures and acquisition strategies over the coming years.
- Support for Acquisition Strategy: This credit expansion will fund Gold Royalty's acquisition strategy, particularly in acquiring the Pedra Branca royalty and related equity financing, further solidifying its market position in the gold sector.
- Positive Market Reaction: The market has reacted positively to Gold Royalty's credit expansion, which is expected to boost investor confidence and potentially drive stock price increases, thereby laying a foundation for the company's future growth.
See More
Gold Royalty Corp Upsizes Credit Facility to $150 Million
- Credit Facility Expansion: Gold Royalty Corp has entered into an agreement to upsize its existing credit facility to $150 million, which includes a $125 million secured revolving credit line and an additional $25 million accordion feature, aimed at reducing capital costs to support future growth strategies.
- Significant Production Increase: Aura Minerals reported that the Borborema project produced 15,777 gold equivalent ounces in Q1 2026, reflecting a 54% quarter-over-quarter increase, indicating that production capacity is ramping up and is expected to drive revenue growth for Gold Royalty.
- Mining Project Advancements: IAMGOLD completed the installation of an additional secondary crusher at the Côté Gold project and plans to install an extra Vertimill by early 2027, which is expected to enhance ore processing efficiency and increase Gold Royalty's revenue potential from this project.
- Cash Flow Growth Expectations: The CEO of Gold Royalty indicated that with the development progress of several cornerstone assets, significant revenue and cash flow growth is anticipated in 2026, particularly from projects like Granite Creek, Odyssey, and Ren, which are expected to contribute substantial revenues between 2027 and 2030.
See More
GoldMining Reports New Drilling Results at São Jorge Project
- Significant Drilling Results: GoldMining's São Jorge project in Brazil's Tapajós gold district completed a total of 9,533 meters of drilling in 2025, including 3,862 meters of diamond drilling, exceeding budget and successfully confirming multiple new gold potential areas, which is expected to significantly enhance resource estimates.
- Depth Extension Discovery: The SJD-136-25 drill hole achieved an impressive result of 19 meters at 1.00 grams per tonne gold from a depth of 425 meters, indicating the potential for depth extension of the mineralization, which could provide critical support for future resource expansion.
- IP Anomaly Confirmation: Processing of 2025 Induced Polarization (IP) data revealed a high chargeability anomaly at the William South area extending over 1 kilometer, with drilling planned for 2026 to further validate its gold potential.
- Infrastructure Advantage: The excellent infrastructure at the São Jorge project supports ongoing exploration activities, with GoldMining planning to advance exploration efforts in 2026 to capture growth opportunities in the rapidly emerging Tapajós gold district.
See More
GoldMining Appoints Martin Dumont as VP of Corporate Development, Enhancing Investor Relations
- Executive Appointment: GoldMining has appointed Martin Dumont as Vice President of Corporate Development and Investor Relations, whose extensive experience in the gold sector is expected to enhance the company's investor communication and strategic execution capabilities.
- Industry Background: Dumont previously held a senior role at Sandstorm Gold Royalties, focusing on streaming and royalty transactions, and his rich industry background will support GoldMining's asset value enhancement efforts.
- Strategic Development: Dumont noted that GoldMining possesses a unique portfolio of high-quality gold and gold-copper assets across the Americas, and he aims to unlock the full value of the company's assets through strategic initiatives and investor engagement.
- Educational Credentials: Dumont holds a Bachelor of Business Administration from the University of Guelph and is a Chartered Professional Accountant (CPA, CA), providing a solid foundation for GoldMining's financial and operational decision-making.
See More
Gold Royalty Corp. Completes $45 Million Acquisition, Reports Record Revenue for 2025
- 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.
See More
Gold Royalty Corp. Upsizes Credit Facility to $150 Million
- Credit Facility Expansion: Gold Royalty Corp. has entered into an agreement to upsize its existing credit facility to $150 million, which includes a $125 million secured revolving credit line and an additional $25 million accordion feature, expected to lower capital costs and support future growth strategies.
- Significant Production Growth: Aura Minerals reported that Borborema mine achieved a production total of 15,777 gold equivalent ounces in Q1 2026, reflecting a 54% quarter-over-quarter increase, indicating that the mine is ramping up to full production capacity, which is likely to drive revenue growth for Gold Royalty.
- Positive Project Developments: IAMGOLD completed the installation of an additional secondary crusher at the Côté Gold project and plans to install an extra Vertimill by early 2027, which is expected to enhance the mine's stability and efficiency, thereby increasing Gold Royalty's long-term revenue potential.
- Cash Flow Growth Expectations: The CEO of Gold Royalty indicated that with the development progress of multiple assets, significant revenue and cash flow growth is anticipated in 2026, particularly from projects like Granite Creek, Odyssey, and Ren, which are expected to contribute substantial cash flows between 2027 and 2030.
See More
Gold Royalty Upsizes Credit Facility to $150M
- Credit Facility Expansion: Gold Royalty (GROY) has entered into an agreement to amend and upsize its existing credit facility to $150 million, which includes a $125 million secured revolving credit line and a $25 million accordion feature, enhancing the company's financial flexibility for future investments.
- Maturity Extension: The amended credit facility now matures in November 2028, providing a longer funding horizon that allows the company to better plan its capital expenditures and acquisition strategies over the coming years.
- Support for Acquisition Strategy: This credit expansion will fund Gold Royalty's acquisition strategy, particularly in acquiring the Pedra Branca royalty and related equity financing, further solidifying its market position in the gold sector.
- Positive Market Reaction: The market has reacted positively to Gold Royalty's credit expansion, which is expected to boost investor confidence and potentially drive stock price increases, thereby laying a foundation for the company's future growth.
See More
Gold Royalty Corp Upsizes Credit Facility to $150 Million
- Credit Facility Expansion: Gold Royalty Corp has entered into an agreement to upsize its existing credit facility to $150 million, which includes a $125 million secured revolving credit line and an additional $25 million accordion feature, aimed at reducing capital costs to support future growth strategies.
- Significant Production Increase: Aura Minerals reported that the Borborema project produced 15,777 gold equivalent ounces in Q1 2026, reflecting a 54% quarter-over-quarter increase, indicating that production capacity is ramping up and is expected to drive revenue growth for Gold Royalty.
- Mining Project Advancements: IAMGOLD completed the installation of an additional secondary crusher at the Côté Gold project and plans to install an extra Vertimill by early 2027, which is expected to enhance ore processing efficiency and increase Gold Royalty's revenue potential from this project.
- Cash Flow Growth Expectations: The CEO of Gold Royalty indicated that with the development progress of several cornerstone assets, significant revenue and cash flow growth is anticipated in 2026, particularly from projects like Granite Creek, Odyssey, and Ren, which are expected to contribute substantial revenues between 2027 and 2030.
See More
GoldMining Reports New Drilling Results at São Jorge Project
- Significant Drilling Results: GoldMining's São Jorge project in Brazil's Tapajós gold district completed a total of 9,533 meters of drilling in 2025, including 3,862 meters of diamond drilling, exceeding budget and successfully confirming multiple new gold potential areas, which is expected to significantly enhance resource estimates.
- Depth Extension Discovery: The SJD-136-25 drill hole achieved an impressive result of 19 meters at 1.00 grams per tonne gold from a depth of 425 meters, indicating the potential for depth extension of the mineralization, which could provide critical support for future resource expansion.
- IP Anomaly Confirmation: Processing of 2025 Induced Polarization (IP) data revealed a high chargeability anomaly at the William South area extending over 1 kilometer, with drilling planned for 2026 to further validate its gold potential.
- Infrastructure Advantage: The excellent infrastructure at the São Jorge project supports ongoing exploration activities, with GoldMining planning to advance exploration efforts in 2026 to capture growth opportunities in the rapidly emerging Tapajós gold district.
See More
GoldMining Appoints Martin Dumont as VP of Corporate Development, Enhancing Investor Relations
- Executive Appointment: GoldMining has appointed Martin Dumont as Vice President of Corporate Development and Investor Relations, whose extensive experience in the gold sector is expected to enhance the company's investor communication and strategic execution capabilities.
- Industry Background: Dumont previously held a senior role at Sandstorm Gold Royalties, focusing on streaming and royalty transactions, and his rich industry background will support GoldMining's asset value enhancement efforts.
- Strategic Development: Dumont noted that GoldMining possesses a unique portfolio of high-quality gold and gold-copper assets across the Americas, and he aims to unlock the full value of the company's assets through strategic initiatives and investor engagement.
- Educational Credentials: Dumont holds a Bachelor of Business Administration from the University of Guelph and is a Chartered Professional Accountant (CPA, CA), providing a solid foundation for GoldMining's financial and operational decision-making.
See More
Gold Royalty Corp. Completes $45 Million Acquisition, Reports Record Revenue for 2025
- 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.
See More
