Seeking Alpha·Jun 18, 2026
Gold Royalty Corp. (GROY) Analyst/Investor Day TranscriptGold Royalty Corp. (GROY) Analyst/Investor Day Transcript
Gold Royalty Corp.(GROY)Earnings, Financials & Key Ratios
GROY•AMEX
$2.65
Price updated Jul 7, 2026
AboutGold Royalty Corp., a precious metals-focused royalty company, provides financing solutions to the metals and mining industry. It focuses on acquiring royalties, streams, and similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium, and longer-term attractive returns for its investors. The company's portfolio consists of net smelter return royalties ranging from 0.5% to 2.0% on 17 gold properties located in the Americas. Gold Royalty Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.Show more
- Revenue$16M+54.5%
- EBITDA$4M+666.5%
- Net Income-$4M-21.1%
- EPS (Diluted)-0.02-18.0%
- Gross Margin76.44%+16.5%
- EBITDA Margin28.38%+466.6%
- Operating Margin10.85%+127.0%
- Net Margin-26.46%+21.6%
- ROE-0.66%-3.9%
GROY Price & Volume
Gold Royalty Corp. (GROY) stock price & volume — 10-year historical chart
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Royalty Portfolio Maturity Drives Revenue Inflection Point
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Accelerating
Profitability:Negative
Financial:Healthy
Cash Flow:Improving
Primary Risk:Operator production timeline dependency
Key Thesis Takeaways
- Gold Royalty Corp.
- has transitioned from an acquisition-heavy phase to a production-focused model, evidenced by a 128.7% year-over-year revenue growth in 2026Q1.
- While the company has successfully eliminated its debt load to a negligible $79,000, investors should monitor the sustainability of its 36.7% operating margin as it balances corporate overhead against the inherent volatility of operator-dependent royalty streams.
- The firm's shift toward positive free cash flow, reaching a 58.8% margin in the most recent quarter, suggests a maturing asset base that may finally support long-term operational self-sufficiency.
Verdict Logic
while the company has reached a positive FCF margin of 58.8%, the high forward P/E of 47.71 and reliance on operator production timelines warrant a cautious approach.
GROY Growth Metrics
Gold Royalty Corp. (GROY) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years58.18%
TTM89.91%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM65.86%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM57.22%
Return on Capital
10 Years-2.91%
5 Years-2.91%
3 Years-0.55%
Last Year0.22%
GROY Recent Earnings
Gold Royalty Corp. (GROY) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (27%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
May 6, 2026Metric
Actual
Est
EPS
$0.01+0.0%
$0.01
Rev
$7M-9.6%
$8M
Q2 2026
Mar 18, 2026Metric
Actual
Est
EPS
$0.00+9.1%
$0.00
Rev
$5M+4.7%
$5M
Q4 2025
Nov 5, 2025Metric
Actual
Est
EPS
$0.01-10.5%
$0.01
Rev
$4M+3.7%
$4M
Q3 2025
Aug 6, 2025Metric
Actual
Est
EPS
—
$0.01
Rev
$4M+5.6%
$4M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 6, 2026 | $0.01vs $0.01+0.0% | $7Mvs $8M-9.6% |
| Q2 2026 | Mar 18, 2026 | $0.00vs $0.00+9.1% | $5Mvs $5M+4.7% |
| Q4 2025 | Nov 5, 2025 | $0.01vs $0.01-10.5% | $4Mvs $4M+3.7% |
| Q3 2025 | Aug 6, 2025 | —vs $0.01 | $4Mvs $4M+5.6% |
Based on last 12 quarters of dataView full earnings history →
Latest GROY News
Recent stock market news and headlines for Gold Royalty Corp. (GROY)
PRNewsWire·Jun 15, 2026
Gold Royalty Announces Acquisition of Additional Interest in REN Royalty, Release of 2026 Integrated Report and Reminds Shareholders of Capital Markets DayVANCOUVER, BC, June 15, 2026 /PRNewswire/ - Gold Royalty Corp. ("Gold Royalty" or the "Company") (NYSE American: GROY) is pleased to announce the acquisition of an additional interest in an existing royalty over the REN project, the release of its 2026 Integrated Report, and further details on the Company's Capital Markets Day. REN Royalty Acquisition The Company has acquired an additional indirect 0.1875% net smelter return ("NSR") royalty interest over the REN project for total cash consideration of US$6.25 million.
Peers Comparison
Key metrics vs top competitors for Gold Royalty Corp. (GROY)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.65 | $464.79M | -112.29 | 54.51% | -26.46% | -0.66% | — | |
| $111.89 | $50.81B | 34.01 | 83.33% | 65.55% | 21.33% | — | |
| $196.61 | $13.65B | 29.39 | 44.57% | 48.53% | 11.85% | — | |
| $209.60 | $40.41B | 35.77 | 63.69% | 65.12% | 18.68% | — | |
| $30.11 | $5.64B | 27.13 | 47.52% | 78.1% | 16.55% | — | |
| $4.16 | $453.29M | -144.44 | 17.34% | 18.26% | 4.19% | — |
Compare GROY vs Peers
Gold Royalty Corp. (GROY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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GROY Frequently Asked Questions
Gold Royalty Corp. (GROY) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Gold Royalty Corp.'s revenue?
Gold Royalty Corp. (GROY) reported $19.6M in revenue for fiscal year 2025.
How fast is Gold Royalty Corp. growing?
Gold Royalty Corp. (GROY) grew revenue by 54.5% over the past year. This is strong growth.
Is GROY profitable?
Gold Royalty Corp. (GROY) reported a net loss of $1.1M for fiscal year 2025.
Dividend & Returns
What is GROY's return on equity?
Gold Royalty Corp. (GROY) has a return on equity (ROE) of -0.7%. Negative ROE indicates the company is unprofitable.
What is Gold Royalty Corp.'s free cash flow?
Gold Royalty Corp. (GROY) generated $6.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.