Canada's Gold Royalty Q2 revenue rises 76% yr/yr

Gold Royalty

05/08/2026 22:16

Overview
Canada gold royalty firm's Q2 revenue rose 76% yr/yr to $6.7 mln
Adjusted net income turned positive yr/yr
Company acquired new royalty interests in Nevada and reiterated full-year GEOs guidance

Outlook
Gold Royalty maintains 2026 guidance of 7,500-9,300 GEOs based on assumed gold and copper prices
Company expects continued volume and cash flow growth in second half of 2026
Commodity prices expected to affect GEOs calculation; sensitivity table provided for 2026 guidance

Result Drivers
GEOs GROWTH - Co said Q2 GEOs increased 31% yr/yr to 1,757, helping drive revenue growth
PORTFOLIO EXPANSION - Co acquired new royalty interests in Nevada, including Ren, Sterling, and Granite Creek projects
CASH FLOW - Co reported strong cash flow from operating activities, ending Q2 with over $11.3 mln cash and no debt

Company press release: ID:nCNW10s3Va

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Net Income
Miss
$1.79 mln
$2.60 mln (1 Analyst)
Q2 Basic EPS
 
$0.01
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy"
Wall Street's median 12-month price target for Gold Royalty Corp. is $5.00, about 85.9% above its August 4 closing price of $2.69
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 42 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)