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Gold Royalty Corp. (GROY) Q3 2024 Earnings Call Transcript

November 5, 2024
in Market & News
Reading Time: 2 mins read
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Gold Royalty Corp. (GROY) Q3 2024 Earnings Call Transcript
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Gold Royalty Corp. (NYSE:GROY) Q3 2024 Earnings Conference Call November 5, 2024 11:00 AM ET

Company Participants

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David Garofalo – Chairman and Chief Executive Officer
Andrew Gubbels – Chief Financial Officer
Jackie Przybylowski – Vice President-Capital Markets
Peter Behncke – Director-Corporate Development and Investor Relations

Conference Call Participants

Heiko Ihle – H.C. Wainwright
Eric Winmill – Scotiabank
Kerry Smith – Haywood Securities
Brent Weinberg – Private Investor

Operator

Welcome to the Gold Royalty Corp. Third Quarter 2024 Results Conference Call. All participants will be in listen-only mode. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to David Garofalo, Chairman and CEO. Please go ahead.

David Garofalo

Thank you, operator. Good morning, ladies and gentlemen, thank you for participating in today’s call to review our third quarter 2024 results. Please note for those not currently on the webcast, a presentation accompanying this conference call is available on the Presentations page of our website in PDF format. Some of the commentary on today’s call will include forward-looking statements and I will direct everyone to review Slide 2 of the presentation, which includes important cautionary notes.

Speaking alongside me on today’s call will be Andrew Gubbels, Chief Financial Officer; and Jackie Przybylowski, Vice President, Capital Markets.

The third quarter of 2024 marks an important inflection point for the company. Our outlook continues to grow increasingly positive with the ramp up in construction of several key assets across our portfolio. We achieved record revenues for the nine months ending September 30, 2024 and have reiterated our full year guidance for expected total revenue, land agreement proceeds and interest of $13 million to $14 million.

We continue to be excited about the outlook for 2025 as well, with more cash flowing assets, strong commodity prices and our

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