<p>Rene Cartier 给出了买入评级，原因是多种因素反映了 Gold Royalty 的战略定位和财务表现。该公司报告了与预期一致的初步 2025 年第三季度业绩，总收入为 460 万美元，并且实现了正的自由现金流，这使他们能够减少债务。这种财务稳定性是未来增长前景的积极指标。</p>
<p>此外，Gold Royalty 正在积极执行新交易并多元化其投资组合，这可能会提升股东价值。尽管面临大部分非生产性投资组合的挑战，但管理层的战略可能会随着他们继续执行计划而改善估值倍数。该公司对 Vareš 矿地下开发的关注预计将在未来几年内提升产量，进一步支持买入评级。</p>
<p>在昨天发布的另一份报告中，Scotiabank 也维持了对该股票的买入评级，目标价为 4.00 美元。</p>

GROY

<p>Rene Cartier 对 Gold Royalty 给予了买入评级，指出其战略定位和财务表现。该公司报告了 2025 年第三季度的收入为 460 万美元，并实现了正的自由现金流，从而能够减少债务。Gold Royalty 正在多元化其投资组合，并专注于 Vareš 矿的地下开发，预计将提升生产和股东价值。加拿大皇家银行也维持了买入评级，目标价为 4.00 美元</p>

<p>Rene Cartier has given his Buy rating due to a combination of factors that reflect Gold Royalty’s strategic positioning and financial performance. The company has reported preliminary Q3/25 results that align with expectations, showing a total revenue of $4.6 million and positive free cash flow, which has allowed them to reduce debt. This financial stability is a positive indicator for future growth prospects.</p>
<div class="lb-trans"><p>Rene Cartier 给出了买入评级，原因是多种因素反映了 Gold Royalty 的战略定位和财务表现。该公司报告了与预期一致的初步 2025 年第三季度业绩，总收入为 460 万美元，并且实现了正的自由现金流，这使他们能够减少债务。这种财务稳定性是未来增长前景的积极指标。</p>
</div><p>Additionally, Gold Royalty is actively executing new transactions and diversifying its portfolio, which could enhance shareholder value. Despite the challenge of having a majority non-producing portfolio, the management’s strategy could lead to improved valuation multiples as they continue to execute their plans. The company’s focus on underground development at the Vareš mine is expected to bolster production in the coming years, further supporting the Buy rating.</p>
<div class="lb-trans"><p>此外，Gold Royalty 正在积极执行新交易并多元化其投资组合，这可能会提升股东价值。尽管面临大部分非生产性投资组合的挑战，但管理层的战略可能会随着他们继续执行计划而改善估值倍数。该公司对 Vareš 矿地下开发的关注预计将在未来几年内提升产量，进一步支持买入评级。</p>
</div><p>In another report released yesterday, Scotiabank also maintained a Buy rating on the stock with a $4.00 price target.</p>
<div class="lb-trans"><p>在昨天发布的另一份报告中，Scotiabank 也维持了对该股票的买入评级，目标价为 4.00 美元。</p>
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Gold Royalty 的战略定位和财务稳定性证明了其买入评级的合理性