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Bullboard - Stock Discussion Forum Gold Royalty Corp GROY

Alternate Symbol(s):  GROY.WS

Gold Royalty Corp. is a Canada-based gold-focused royalty company offering financing solutions to the metals and mining industry. The Company acquires royalties, streams and similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium and longer-term returns for its investors. Its diversified portfolio consists primarily of net smelter return royalties... see more

NYSEAM:GROY - Post Discussion

Gold Royalty Corp > One day it will shine .
View:
Post by Bigsteel on Feb 13, 2024 12:09am

One day it will shine .

This is a compelling stock to watch . Since it's IPO of 5$ in 2021 ,it's in a steady decline . 70+% down . Don't own it yet , more downside if Gold price dips below 2k .
Comment by Lynx9 on Feb 13, 2024 12:28pm
And arn't you lucky you don't own GROY and probably never will! Many of us were hoodwinked into this wannebe company through APE. ELE management saw the game and saved their sharholders from financial ruin! 
Comment by Bigsteel on Feb 13, 2024 1:01pm
yes , but I do own Newmont at 54.22  . It pays a 4.5% Dividend.  But sure enough it's down into the low 40s . Will see how much lower . 
Comment by arh0070 on Feb 16, 2024 11:09am
Groy has gone up I think in response to the new exploration results at Malartic.They have found more gold at East Goldie .It has always been very difficult to figure out Groys royalties at Malartic  because its kind of a patchwork relative to where Agnico is mining.