Gold Royalty Corp (GROY) Stock: Price Target Revised on Q1 Results

1 day ago 4

Abdul Rahman

Fri, May 15, 2026 astatine 10:54 AM CDT 2 min read

Gold Royalty Corp (NYSEAMERICAN:GROY) is one of the explosive mining penny stocks to ticker successful 2026. Gold Royalty (GROY) banal has gained much than 140% implicit the past year, and analysts spot it rising by much than 60% much implicit the adjacent 12 months.

 Price Target Revised connected  Q1 Results

Gold Royalty Corp (GROY) Stock: Price Target Revised connected Q1 Results

On May 7, H.C. Wainwright raised its terms people connected Gold Royalty Corp (NYSEAMERICAN:GROY) to $7.75 from $6.75 portion keeping a Buy standing connected the stock. The steadfast revised its people for the banal aft Gold Royalty reported grounds gross for Q1 2026 and reiterated its full-year 2026 outlook. According to H.C. Wainwright expert Heiko Ihle, Gold Royalty’s accumulation illustration provides a coagulated ground for a premium valuation successful airy of the existent commodity terms environment.

In Q1, Gold Royalty’s gross surged to a grounds $7.2 cardinal from $3.1 cardinal successful the aforesaid play a twelvemonth ago. The institution posted a nett income of $1.8 million, translating to EPS of $0.01 per share. That compares to a nett nonaccomplishment of $1.2 million, oregon a nonaccomplishment per stock of $0.01 a twelvemonth ago.

In presumption of production, Gold Royalty reported 1,920 golden equivalent ounces (GEOs) for Q1, compared to 1,249 GEOs a twelvemonth ago. For 2026, the institution anticipates betwixt 7,500 and 9,300 GEOs.

Gold Royalty finished Q1 successful a coagulated currency position, reporting much than $13.6 cardinal successful currency and nary debt. Moreover, the institution has $150 cardinal disposable nether a recognition facility.

Canada-based Gold Royalty Corp (NYSEAMERICAN:GROY) offers financing solutions to the mining industry. It provides superior for gold, silver, copper, and different metals mining projects successful speech for royalties and streaming interests. Therefore, the institution gives investors vulnerability to the mining manufacture without straight operating mines.

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