David Garofalo, CEO of Gold Royalty, discusses the company's great first quarter results and future growth prospects. The company is expecting to double its revenue this year and achieve 60% compound annual growth through the end of the decade. Gold Royalty has a strong portfolio of royalties from some of the biggest producing gold mines in North America, which will drive their revenue growth. The company has already achieved 40% of its full-year revenue guidance in the first quarter alone, due to the higher than anticipated gold price. They also have a strategic alliance with Taurus Mining Royalty Fund, which provides access to a deep pool of capital for larger royalty opportunities. H.C. Wainwright and we have a much higher price target of $5.75.
Gold Royalty: First Free Cash Flow in Q1 2024 and Strong Growth in the Future
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