Gold Royalty Corp. shares fall 3.25% intraday after Royalty Management Holding Corporation reported record second quarterly results for the period ended June 30, 2025.

Gold Royalty Corp. declined 3.25% intraday, with recent news events showing mixed results for the company. Royalty Management Holding Corporation reported record second-quarter results for the period ended June 30, 2025, with total revenues for the first half of 2025 exceeding $2.2 million, compared to approximately $416,000 for the same period in 2024. Total assets increased to approximately $16.9 million, and total shareholders' equity increased to approximately $14 million. However, the acquisition of Turnstone Biologics Corp. by XOMA Royalty Corporation and the termination fee of $350,000 may have contributed to the stock's decline.