Gold Royalty CEO Sees Major Gold Upside as Royalty Portfolio Expands
Gold Royalty Corp. (NYSE American: GROY) Chairman and CEO David Garofalo discusses the company’s expanding royalty portfolio and long-term outlook as gold prices remain near historic highs. Since its IPO five years ago, Gold Royalty says it has grown from 18 to more than 250 royalties across North and South America and Eastern Europe, giving investors exposure to gold price appreciation without direct mine operating cost risks.
The company expects significant production growth from mines currently under development and says its royalty model provides leveraged exposure to rising gold prices while limiting inflation and capital cost pressures. Management also highlighted a debt-free balance sheet, available capital for acquisitions, and continued expansion opportunities as demand for gold exposure increases.
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