Gold Royalty’s Strategic Positioning and Financial Stability Justify Buy Rating
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Rene Cartier has issued a Buy rating for Gold Royalty, citing its strategic positioning and financial performance. The company reported Q3/25 revenue of $4.6 million and positive free cash flow, enabling debt reduction. Gold Royalty is diversifying its portfolio and focusing on underground development at the Vareš mine, which is expected to enhance production and shareholder value. Scotiabank also maintains a Buy rating with a $4.00 price target.
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