Gold Royalty Corp. (GROY)
Gold Royalty Corp. operates in the Gold industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $3.15, up 2.10% on the session, giving a market capitalisation of $728.2M. On trailing twelve-month figures it carries a trailing P/E of 450.71, a net margin of 6.7%. Its beta of 0.96 implies it has historically moved less than the broad market.
Gold Royalty Corp. is a financial entity focused on precious metal royalties, providing capital solutions to the broader metals and mining industry. Its business model centers on acquiring diverse royalty interests, streaming agreements, and similar revenue streams at various stages of a mine's operational lifespan. This strategy aims to build a robust portfolio capable of generating attractive returns for its investors in the near, medium, and long term. The company's current holdings comprise net smelter return royalties, which range from 0.5% to 2.0%, on seventeen gold properties located across the Americas. Gold Royalty Corp. was founded in 2020 and has its principal executive office in Vancouver, Canada.
Gold Royalty Corp. is most often compared with the following Basic Materials names: