Gold Royalty’s Strong Financial Performance and Strategic Positioning Earns Buy Rating
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H.C. Wainwright analyst Heiko Ihle has reiterated a Buy rating for Gold Royalty (GROY) stock, citing strong financial performance and strategic positioning. Key factors include impressive revenue growth from increased gold prices and contributions from the Vareš Mine. The company's proactive debt repayment strategy and favorable asset valuations, particularly for the Canadian Malartic and Côté Gold Mine, support this positive outlook. Maxim Group also maintains a Buy rating with a $6.00 price target, highlighting anticipated production from cornerstone assets as a driver for future revenue.
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