Gold Royalty highlights peer-leading GEO growth outlook in corporate presentation

Gold Royalty investor presentation outlined a five-year outlook targeting 28,000-34,000 attributable gold-equivalent ounces by 2030.

• Positive free cash flow was first achieved in Q2 2025; the balance sheet is positioned as net debt free with a $150 million undrawn revolving credit facility.
• 2026 guidance assumes a gold price of $5,150/oz and a copper price of $5.75/lb, while the 2030 outlook uses $3,500/oz gold.
• Recurring cash operating expenses are expected at $7-8 million per year, supporting scaling as revenue rises with production growth.
• Market data cited a share price of $3.35; shares outstanding of 231,700,000; market cap of $776 million, or $851 million fully diluted.