Gold Royalty Q4 Earnings: Market Hates The Results

Gold Royalty Corp (NYSE: GROY) may have hit its guidance targets for 2024. But the market doesn’t seem to care, with the equity seeing a massive 11% sell off following the release of their fourth quarter and 2024 financial results.

That being said, the company doesn’t exactly appear to be printing money despite the current gold market.

So what went wrong?

Well lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Are Commodities Entering a Generational Cycle? | Terry Lynch

Is the Gold Boom Still in the ‘Pre-Party’ Phase? | Sean Kingsley

The Hidden Environmental Cost of Fertilizer | Robin Dow

Recommended

Ottawa Backs First Phosphate Battery Grade Validation Push With $16.7M Boost

First Majestic Drills 3.43 g/t Gold Over 24.4 Metres At Jerritt Canyon

Related News

Gold Royalty Sees 90% Revenue Surge in Q3 2024

Gold Royalty Corp. (NYSE: GROY) has reported a 90% year-over-year increase in total revenue, land...

Thursday, October 24, 2024, 09:15:00 AM

Is $3000 Gold Possible? With David Garofalo – The Daily Dive

Returning to the Daily Dive this afternoon is David Garofalo, Chairman & CEO of Gold...

Wednesday, July 6, 2022, 01:30:00 PM

Gold Royalty Looks To Acquire Royalties On Monarch Mining Properties For $15 Million

Gold Royalty Corp. (NYSE: GROY) announced today that it has signed a definitive agreement to...

Friday, July 23, 2021, 09:15:00 AM

Gold Royalty Reports 300% Revenue Jump, Narrower Net Loss In Q2 2024

Gold Royalty Corp. (NYSE: GROY) has filed its operating and financial results for the second...

Wednesday, August 14, 2024, 10:28:00 AM

David Garofalo: “Gold Will Go Up Violently”

Joining SmallCapSteve this afternoon is David Garofalo, Chairman & CEO of Gold Royalty Corp (NYSE:...

Friday, September 23, 2022, 01:30:00 PM