Gold Royalty has just released its first quarter 2024 results. The company recorded revenue of $2.9 million from 2,019 gold equivalent ounces (GEOs) received, an increase of 112% compared to Q1 2024. GoldRoyalty is on track to achieve its annual guidance of 5,000–5,600 GEOs, which equates to $10.2 - $11.2 million in total revenue, land contract revenue and interest. H.C. Wainwright is very positive on the company and has a price target of USD 5.75.
Gold Royalty: Q1 2024 Numbers with 112 % Revenue Growth Compared to Q1 2023
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