Gold Royalty Sees Sixfold Production Growth as Inflation Boosts Gold Prices
Gold Royalty Corp.'s (NYSE American: GROY) royalty business model is well-positioned to benefit from higher gold prices and mining-sector inflation, according to David of Gold Royalty. The company's portfolio is expected to deliver substantial growth in gold-equivalent production through the end of the decade.
The growth is expected to be driven by approximately 70% of assets that have already been constructed and are ramping up, as well as satellite deposits at existing mines with infrastructure already in place.
Gold Royalty's portfolio has more than 260 royalties, with 10 currently generating cash flow. The company expects this number to increase to 20 by the end of the decade.