Gold Royalty's Q1 revenue more than doubles to record high on solid portfolio growth

Gold Royalty

07/05/2026 02:59

Overview

The U.S. gold royalty firm's Q1 revenue more than doubled yr/yr to a record high

Adjusted net income for Q1 turned positive yr/yr

Company ended Q1 with over $13.6 mln cash and no debt

Outlook

Company maintains 2026 forecast of 5,700 to 7,000 GEOs

Gold Royalty expects 2026 production to be weighted towards the second half of the year

Company says 2026 GEOs guidance is based on $5.75/lb copper

Result Drivers

PORTFOLIO EXPANSION - Co said record Q1 revenue and cash flow reflect the benefits of portfolio growth and company-building efforts over the past five years

HIGHER ROYALTY AND STREAMING REVENUE - Royalty and streaming revenue increased significantly yr/yr, contributing to record results

INCREASED GOLD EQUIVALENT OUNCES - Higher GEOs generated from royalty and streaming interests supported revenue growth

Company press release: ID:nPn1g7268a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Adjusted Net Income
$3.27 mln
$1.20 mln (1 Analyst)
Q1 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 $6.00, about 70.5% above its May 6 closing price of $3.52

The stock recently traded at 44 times the next 12-month earnings vs. a P/E of 61 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)