Gold Royalty has maintained its 2023 financial guidance and is encouraged by the expected near-term organic cash flow growth of its portfolio as assets such as Côté and Odyssey near start-up and ramp-up of production. In addition, two new licensing agreements were signed this quarter. Analysts at H.C. Wainwright are positive on Gold Royalty in their latest analysis. The price target for the stock is a high $8.75.
Gold Royalty: Update on Quarterly Figures, New Royalties and Analyst Price Target
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