Gold Royalty Corp (NYSE: GROY) is reporting that they have achieved record revenue for the second quarter of 2025 on a preliminary basis.
The company indicated that they have recorded total revenue, land agreement proceeds and interest of $4.4 million, which is an increase of roughly 100% from the second quarter of last year. The figure, which includes revenue of $3.8 million, translates to gold equivalent production of 1,346 ounces of gold, as compared to 1,249 gold equivalent ounces in the first quarter of this year.
For the first half of the year, gold equivalent production has come in at 2,595 ounces, an improvement of 25% on a year over year basis.
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Guidance meanwhile has been maintained for 2025 production of 5,700 to 7,000 gold equivalent ounces, with production expected to be heavily weighted to the second half of the year as a result of ramp up continuing at several royalty interests.
Full financial results are slated to be released June 30, 2025, for the second quarter.
Gold Royalty last traded at $2.51 on the NYSE.
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