Gold Royalty Corp. (GROY) Reports In-Line Q1 EPS; offers outlook

Gold Royalty Corp. (NYSE: GROY) reported Q1 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $2.9 million versus the consensus estimate of $4 million.

OUTLOOK

The company remains on track to meet its previously disclosed forecast of between approximately 5,000 and 5,600 GEOs in 2024, which equates to approximately $10.0 million to $11.2 million in Total Revenue, Land Agreement Proceeds and Interest at a gold price of $2,000 per ounce. This would represent a midpoint increase in GEOs of approximately 100% relative to 2023.

For earnings history and earnings-related data on Gold Royalty Corp. (GROY) click here.

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