Royalty and streaming companies are historically the best-performing sector of the gold market.

They offer exposure to the upside potential, immediate exposure to the underlying commodity, in this case gold, and the ability to have a diversified portfolio.

With gold in a new bull market, a new royalty company has recently begun trading on the New York Stock Exchange.

Gold Royalty Corp (NYSE: GROY) is led by some of the most well-known, well-respected, and well-connected names in the gold industry.

David Garofalo is CEO, President, Chairman, and Director. Before this role, David was President, CEO and Director of Goldcorp until its sale to Newmont, which created the world’s largest gold mining company.

This is truly best-of-breed management.

Gold Royalty Corp. was spun-out of GoldMining Inc. in early 2021 and raised $90 million in a March IPO.

And it didn’t waste any time deploying that cash to create a leading growth and Americas-focused precious metals royalty company by acquiring Ely Gold Royalties.

Gold Royalty Corp now has a peer-leading resource endowment and a robust development pipeline, including nearly 100 royalties on various production, near-production, development and exploration assets.

Four of those royalties are already producing, including on First Majestic Silver’s Jerritt Canyon Mine, and will generate millions in cash flow this year, with others set to come online in the near term.

Immediately upon its creation, Gold Royalty offers all the elements that have historically attracted investors to the sector:

• Immediate exposure to the underlying commodity, in this case gold,

• Exposure and leverage to the future upside potential of of gold

• The ability to have a diversified portfolio.

And it was formed in a way that has allowed previous gold royalties to appreciate thousands of percent after their creation. Franco-Nevada was created when it was wholly-owned by Newmont. Newmont, as it was growing its business, placed royalties into Franco-Nevada, and then it was spun out.

Wheaton Precious was spun out of Goldcorp in a very similar fashion.

Gold Royalty Corp. is one of the few royalty companies that also has its genesis in a big gold property holder. In this case, GoldMining.

Of course, Gold Royalty (NYSE: GROY) shares would need to rise nearly 100X to be valued in the neighborhood of Wheaton Precious and Franco-Nevada.

Currently trading with a $275 million market cap and around $6.00 per share… analysts are already assigning price targets much higher.

CEO and President David Garofalo, who previously ran one of the largest gold mining companies in the world (Goldcorp) before it was acquired by Newmont to create the largest gold mining company in the world, told us that he expects “a re-rating of 50 to 100% over and above our current share price as this transaction is consummated.”

Let’s hear directly from him why he’s so excited about the Gold Royalty opportunity.

Interview with Gold Royalty Corp. President and CEO David Garofalo

Well positioned to enjoy the rally in the gold price as the industry faces a dearth of development stage assets

Just Getting Started:
Gold Royalty (NYSE: GROY)
Set to Deploy Industry-Leading Cash

This is a team that has already created and run some of the largest gold mining companies in the world. And they are set to do it again with Gold Royalty Corp. (NYSE: GROY).

David and the team are focused on building a significant precious metals-focused royalty and streaming company.

It started out with royalties on 18 properties and quickly grew that into nearly 100 royalties — including four on mines that are currently operating, which will generate millions in cash flow this year!

As you just heard, a re-rating to the upside is imminent.

And with gold prices set to remain elevated for a sustained period to both replace a current lack of reserves… and because of loose monetary policy…

Now is the time to have a deeper look at quality names.

You can learn more about Gold Royalty Corp. (NYSE: GROY) at its website here.

— Resource Stock Digest Research