GoAI
Get started
Gold Royalty Corp. logo

Gold Royalty Corp.

GROY

AMEXBasic MaterialsGold

Open in GoAI

Previous close

$3.44

+$0.05 · +1.47%

Aug 21, 4:00 PM ET

GROY company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

62

Undervalued

Momentum

16

Strong Down

Sentiment

62

Bullish

Risk resilience

35

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Gold Royalty Corp. is a financial entity focused on precious metal royalties, providing capital solutions to the broader metals and mining industry. Its business model centers on acquiring diverse royalty interests, streaming agreements, and similar revenue streams at various stages of a mine's operational lifespan. This strategy aims to build a robust portfolio capable of generating attractive returns for its investors in the near, medium, and long term. The company's current holdings comprise net smelter return royalties, which range from 0.5% to 2.0%, on seventeen gold properties located across the Americas. Gold Royalty Corp. was founded in 2020 and has its principal executive office in Vancouver, Canada.

Industry
Gold
Sector
Basic Materials
Headquarters
CA
CEO
David A. Garofalo
Listed since
Mar 9, 2021
Employees
15

Market position

Day range

Current $3.44

52-week range

Current $3.44

Open
$3.475
Previous close
$3.39
Volume
2.14M
1.05× average
Average volume
2.04M
Average daily volume
Market cap
793.98M USD
Beta
0.96
Market reference 1
50-day average
$2.8152
+22.19% above average
200-day average
$3.6242
-5.08% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
694.74M USD
P/E (TTM)
731.91×
P/B (TTM)
1.1×
P/S (TTM)
35.2×
EV / EBITDA
104.21×
Earnings yield
-0.58%
Free cash flow yield
-9.45%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
70.81%
Operating margin
22.94%
Net margin
6.65%
Return on equity
-0.59%
Return on assets
-0.50%
Return on invested capital
0.20%

Financial health

Debt / equity
0×
Current ratio
4.88×
Altman Z-score
3.75
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends992%-2670%-6332%-9995%Gross margin, FY2021: 12.15%Gross margin, FY2022: 55.48%Gross margin, FY2023: 51.05%Gross margin, FY2024: 65.63%Gross margin, FY2025: 76.44%Operating margin, FY2021: -6553.09%Operating margin, FY2022: -442.11%Operating margin, FY2023: -287.89%Operating margin, FY2024: -40.24%Operating margin, FY2025: 10.85%Net margin, FY2021: -9079.13%Net margin, FY2022: -439.81%Net margin, FY2023: -877.82%Net margin, FY2024: -33.76%Net margin, FY2025: -26.46%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 12.15%. Gross margin FY2022 55.48%. Gross margin FY2023 51.05%. Gross margin FY2024 65.63%. Gross margin FY2025 76.44%. Operating margin FY2021 -6553.09%. Operating margin FY2022 -442.11%. Operating margin FY2023 -287.89%. Operating margin FY2024 -40.24%. Operating margin FY2025 10.85%. Net margin FY2021 -9079.13%. Net margin FY2022 -439.81%. Net margin FY2023 -877.82%. Net margin FY2024 -33.76%. Net margin FY2025 -26.46%.

Income trends

Revenue

15.61M USD+54.51%

Operating income

1.69M USD+5.76M USD

Net income

−4.13M USD-21.08%
Income trends across reported periods19.85M USD2.9M USD−14.05M USD−30.99M USDRevenue, FY2021: 191.99K USDRevenue, FY2022: 3.94M USDRevenue, FY2023: 3.05M USDRevenue, FY2024: 10.1M USDRevenue, FY2025: 15.61M USDOperating income, FY2021: −12.58M USDOperating income, FY2022: −17.44M USDOperating income, FY2023: −8.78M USDOperating income, FY2024: −4.07M USDOperating income, FY2025: 1.69M USDNet income, FY2021: −17.43M USDNet income, FY2022: −17.35M USDNet income, FY2023: −26.76M USDNet income, FY2024: −3.41M USDNet income, FY2025: −4.13M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 191.99K USD. Revenue FY2022 3.94M USD. Revenue FY2023 3.05M USD. Revenue FY2024 10.1M USD. Revenue FY2025 15.61M USD. Operating income FY2021 −12.58M USD. Operating income FY2022 −17.44M USD. Operating income FY2023 −8.78M USD. Operating income FY2024 −4.07M USD. Operating income FY2025 1.69M USD. Net income FY2021 −17.43M USD. Net income FY2022 −17.35M USD. Net income FY2023 −26.76M USD. Net income FY2024 −3.41M USD. Net income FY2025 −4.13M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue15.61M USD10.1M USD3.05M USD3.94M USD191.99K USD
Cost of goods sold3.68M USD3.47M USD1.49M USD1.76M USD168.66K USD
Gross profit11.93M USD6.63M USD1.56M USD2.19M USD23.33K USD
Selling, general, and administrative10.16M USD10.56M USD10.4M USD19.55M USD12.59M USD
Operating expenses10.24M USD10.7M USD10.33M USD19.63M USD12.6M USD
Interest income————67.35K USD
Interest expense8.27M USD8.04M USD1.84M USD633K USD—
Depreciation and amortization2.74M USD3.28M USD1.01M USD1.87M USD2.66M USD
Operating income1.69M USD−4.07M USD−8.78M USD−17.44M USD−12.58M USD
Net income−4.13M USD−3.41M USD−26.76M USD−17.35M USD−17.43M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-0.024
FY2025
Latest fiscal-year revenue
15.61M USD
FY2025 · +54.51% year over year
Next fiscal-year EPS consensus
0.048
FY2026 · 3 analysts
Next fiscal-year revenue consensus
32.38M USD
FY2026 · 4 analysts

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend0.26-0.02-0.31-0.59FY21FY22FY23FY24FY25FY26FY27FY28

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend97.22M61.94M26.65M-8.63MFY21FY22FY23FY24FY25FY26FY27FY28

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$6.75

96.22% upside
Past 12 months12-month forecastHigh $7.75Average $6.75Low $5.75

Rating distribution

6 ratings
Strong buy00%
Buy6100%
Hold00%
Sell00%
Strong sell00%

Recent analyst actions

5 institutions

GROY news

marketbeat.com

Gold Royalty Targets 60% 2026 Growth, Eyes 30,000 Gold Ounces by 2030

Gold Royalty NYSEAMERICAN: GROY outlined plans to expand its cash-generating royalty portfolio, projecting a 60% increase in gold equivalent ounces in 2026 and targeting roughly 30,000 gold equivalent ounces by 2030,…

Read source
marketbeat.com

Gold Royalty Q2 Earnings Call Highlights

Gold Royalty NYSEAMERICAN: GROY reported record first-half revenue and adjusted EBITDA for 2026, while reiterating its full-year production guidance and outlining expected catalysts across its portfolio of more than 250…

Read source
seekingalpha.com

Gold Royalty Corp. (GROY) Q2 2026 Earnings Call Transcript

Gold Royalty Corp. (GROY) Q2 2026 Earnings Call Transcript

Read source
prnewswire.com

GOLD ROYALTY REPORTS RECORD SIX-MONTH RESULTS WITH CONTINUED STRONG CASH FLOW AND EARNINGS GROWTH

VANCOUVER, BC, Aug. 5, 2026 /PRNewswire/ -- Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the filing of its operating and financial results for the three and six months…

Read source
marketbeat.com

3 Gold Stocks Under $5 With Massive Upside

Inflation is showing signs of cooling; the economy is running hot, and the odds that the Federal Reserve will raise interest rates are dropping. Any one of those would be an argument against buying gold.

Read source
prnewswire.com

Gold Royalty to Release Second Quarter 2026 Results on August 5, 2026 and Announces Acquisition of Additional Royalties

VANCOUVER, BC, July 13, 2026 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) announces that it will release its second quarter 2026 results after markets close on Wednesday,…

Read source

GROY peers

Equinox Gold Corp. logo

EQX

Equinox Gold Corp.

$13.53

+5.05%

B2Gold Corp. logo

BTG

B2Gold Corp.

$5.52

+2.60%

Grupo Simec, S.A.B. de C.V. logo

SIM

Grupo Simec, S.A.B. de C.V.

$30.52

+10.98%

NovaGold Resources Inc. logo

NG

NovaGold Resources Inc.

$8.72

+0.69%

Trekor Metals Limited logo

TGB

Trekor Metals Limited

$9.19

+5.75%

Silvercorp Metals Inc. logo

SVM

Silvercorp Metals Inc.

$12.53

-0.87%

ETFs holding GROY

Funds reporting this stock among their holdings, ordered by reported position size.

VanEck Junior Gold Miners ETF logoVanEck Junior Gold Miners ETFGDXJ
Market value
15.76M
Weight
0.16%
AUM
9.86B USD
Expense ratio
0.52%
Price / 1D
$132.59+2.67%
State Street SPDR S&P International Small Cap ETF logoState Street SPDR S&P International Small Cap ETFGWX
Market value
183.79K
Weight
0.02%
AUM
927.26M USD
Expense ratio
0.40%
Price / 1D
$46.205+0.40%
Global X - Gold Miners ETF logoGlobal X - Gold Miners ETFAUAU
Market value
4.37K
Weight
0.06%
AUM
7.08M USD
Expense ratio
0.35%
Price / 1D
$44.2926+3.07%

Continue in GoAI

Research GROY

research.disclaimer