- CEO
- David A. Garofalo
- Full Time Employees
- 15
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1030 West Georgia Street Vancouver BC Canada V6E 4A2
- IPO Date
- Mar 9, 2021
- Business
- Gold Royalty Corp. (NYSE American: GROY), founded in 2020 and headquartered in Vancouver, British Columbia, Canada, operates as a precious metals-focused royalty and streaming company that provides creative non-dilutive financing solutions to the metals and mining industry; it acquires royalties, streams and similar interests at varying stages of the mine life cycle, including cash flowing, developing, advanced exploration and early exploration assets, to build a diversified portfolio offering near-, medium- and longer-term returns for investors. The company's core products and services encompass a portfolio of over 250 royalties and streams primarily on gold properties, but also including silver, copper and other precious metals, located in mining-friendly jurisdictions throughout the Americas such as Canada, the United States, Mexico, Brazil, Colombia, Peru and Bosnia and Herzegovina; key cash-flowing assets feature net smelter return (NSR) royalties and streams on operations including Borden (0.5% NSR, Au, Canada), Borborema (2.0% NSR, Au, Brazil), Canadian Malartic (2.0%-3.0% NSR, Au/Ag, Canada), Côté Gold (0.75% NSR, Au, Canada), Cozamin (1.0% NSR, Cu/Ag, Mexico), Isabella Pearl (0.375% gross revenue royalty, Au/Ag, USA) and Vares (100% copper stream, Bosnia and Herzegovina), alongside developing projects like County Line (3% NSR, Au, USA), Fenelon (2.0% NSR, Au, Canada) and Gold Rock-Pan (0.5% NSR, Au, USA), and extensive advanced and early exploration interests such as multiple holdings with GoldMining Inc., Nevada Gold Mines, Agnico Eagle and others. Gold Royalty targets mining companies and operators seeking capital for development, exploration and production, emphasizing lean operations, a royalty generator model that has produced over 50 royalties since 2021, and strategic growth through four pillars: direct financings to operators, third-party acquisitions, purchases of established royalty portfolios from companies like Ely Gold Royalties, Golden Valley Mines, Abitibi Royalties and Elemental Altus Royalties, and in-house prospect generation. Recent major developments include reaching a milestone of 250 royalties and streams as of late 2025, forging a three-year strategic alliance with Taurus Mining Royalty Fund in April 2024 to enhance M&A capabilities and access new geographic opportunities, completing acquisitions such as the Québec royalty portfolio in December 2023 and investments in Aura Minerals' Borborema project financed by a $40 million strategic convertible debenture with Queen's Road Capital and Taurus in late 2023, reporting record third quarter 2025 revenue of $4.1 million (up 76% year-over-year) and Adjusted EBITDA of $2.5 million driven by ramp-ups at cornerstone assets like Côté, Vares and Borborema, alongside $7.0 million in revolving credit facility repayments year-to-date to strengthen the balance sheet, and adopting a shareholder rights plan in November 2025.