Zacks Research Upgrades Gold Royalty (NYSEAMERICAN:GROY) to “Strong-Buy”

Posted by George Bondi on Nov 7th, 2026

Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) was upgraded by stock analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Thursday, Zacks reports.

Other analysts have also issued research reports about the company. Scotiabank reduced their target price on Gold Royalty from $6.00 to $5.75 and set an “outperform” rating for the company in a report on Tuesday, July 14th. TD set a $4.00 price target on Gold Royalty and gave the stock a “buy” rating in a research note on Thursday, October 8th. TD Securities assumed coverage on Gold Royalty in a report on Thursday, October 8th. They set a “buy” rating and a $4.00 price target on the stock. Finally, HC Wainwright dropped their price objective on Gold Royalty from $7.75 to $7.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $5.38.

View Our Latest Report on Gold Royalty

Gold Royalty Stock Up 0.3%

Shares of NYSEAMERICAN GROY traded up $0.01 during midday trading on Thursday, hitting $3.12. The stock had a trading volume of 2,061,754 shares, compared to its average volume of 1,261,287. The business’s 50 day moving average is $3.08 and its 200-day moving average is $3.37. Gold Royalty has a 52 week low of $2.45 and a 52 week high of $5.45. The company has a market cap of $720.13 million, a P/E ratio of 78.02 and a beta of 1.15.

Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. Gold Royalty had a net margin of 6.65% and a return on equity of 0.68%. The company had revenue of $10.25 million during the quarter, compared to the consensus estimate of $10.25 million. As a group, analysts expect that Gold Royalty will post 0.05 EPS for the current fiscal year.

Hedge Funds Weigh In On Gold Royalty

Several hedge funds and other institutional investors have recently modified their holdings of GROY. Renaissance Technologies LLC raised its position in Gold Royalty by 560.4% in the first quarter. Renaissance Technologies LLC now owns 2,016,825 shares of the company’s stock worth $7,220,000 after acquiring an additional 1,711,425 shares during the period. U S Global Investors Inc. purchased a new position in shares of Gold Royalty during the 3rd quarter valued at about $5,125,000. Extract Advisors LLC bought a new position in shares of Gold Royalty during the 1st quarter valued at approximately $4,827,000. Groupe la Francaise grew its stake in shares of Gold Royalty by 88.9% during the 1st quarter. Groupe la Francaise now owns 1,700,000 shares of the company’s stock valued at $6,067,000 after acquiring an additional 800,000 shares during the period. Finally, Amundi increased its holdings in Gold Royalty by 20.0% in the 1st quarter. Amundi now owns 3,000,000 shares of the company’s stock worth $10,740,000 after acquiring an additional 500,000 shares in the last quarter. 33.75% of the stock is owned by institutional investors.

More Gold Royalty News

Here are the key news stories impacting Gold Royalty this week:

Positive Sentiment: Gold Royalty reported record Q3 revenue of about $10.2 million, up 147% year over year, alongside sharply higher earnings and cash flow; an earnings-call summary also reported that EBITDA tripled. These growth trends could support investor confidence in the royalty company’s expanding asset base. Gold Royalty Q3 results
Positive Sentiment: HC Wainwright raised its FY2026 EPS forecast to $0.05 from $0.04 and estimates $0.05 for FY2027. The firm maintained its Buy rating and $7 price target, reinforcing a bullish analyst view.
Neutral Sentiment: Q3 EPS of $0.02 matched consensus expectations, as did revenue of approximately $10.25 million, so the quarter’s headline results were not an earnings or sales surprise.

Gold Royalty Company Profile

(Get Free Report)

Gold Royalty Corp. is a precious-metals royalty and streaming company focused primarily on gold. Rather than operating mines directly, the company provides capital to mining companies in exchange for royalty interests, streams and other contractual rights tied to future production or revenue from mineral projects.

Gold Royalty’s portfolio includes interests in exploration, development and producing properties, with exposure concentrated in the Americas. Its assets span mining jurisdictions including Canada, the United States, Mexico and other countries in Latin America.