GROY

Company Overview — What Does Gold Royalty Corp. Do?

Gold 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. Gold Royalty Corp. (GROY) is classified as a small-cap stock in the Materials sector, specifically within the Precious Metals industry. The company is led by CEO David A. Garofalo and employs approximately 4 people. With a market capitalization of $859M, GROY is one of the notable companies in the Materials sector.

Gold Royalty Corp. (GROY) Stock Rating — Reduce (April 2026)

As of April 2026, Gold Royalty Corp. receives a Reduce rating with a composite score of 44.9/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.GROY ranks #2,462 out of 4,446 stocks in our coverage universe. Within the Materials sector, Gold Royalty Corp. ranks #172 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

GROY Stock Price and 52-Week Range

Gold Royalty Corp. (GROY) currently trades at $3.65. The stock gained $0.01 (0.3%) in the most recent trading session. The 52-week high for GROY is $5.45, which means the stock is currently trading -33.1% from its annual peak. The 52-week low is $1.23, putting the stock 196.7% above its annual trough. Recent trading volume was 1.5M shares, reflecting moderate market activity.

Is GROY Overvalued or Undervalued? — Valuation Analysis

Gold Royalty Corp. (GROY) carries a value factor score of 36/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 1.48x, versus the sector average of 2.83x. The price-to-sales ratio is 20.58x, compared to 0.74x for the average Materials stock.

At current multiples, Gold Royalty Corp. trades at a premium to most Materials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Gold Royalty Corp. Profitability — ROE, Margins, and Quality Score

Gold Royalty Corp. (GROY) earns a quality factor score of 27/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -2.4%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -1.8% versus the sector average of 0.6%.

On a margin basis, Gold Royalty Corp. reports gross margins of 66.0%, compared to 29.8% for the sector. The operating margin is -120.7% (sector: 6.0%). Net profit margin stands at -34.0%, versus 3.0% for the average Materials stock. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

GROY Debt, Balance Sheet, and Financial Health

Gold Royalty Corp. has a debt-to-equity ratio of 7.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. Total debt on the balance sheet is $39M. Cash and equivalents stand at $2M.

GROY has a beta of 0.53, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for Gold Royalty Corp. is 52/100, reflecting average volatility within the normal range for its sector.

Gold Royalty Corp. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Gold Royalty Corp. reported revenue of $10M. Net income for the quarter was $-3M. Gross margin was 66.0%. Operating income came in at $-12M.

In FY 2024, Gold Royalty Corp. reported revenue of $10M. Net income for the quarter was $-3M. Gross margin was 66.0%. Revenue grew 211.8% year-over-year compared to FY 2023. Operating income came in at $-12M.

In FY 2023, Gold Royalty Corp. reported revenue of $3M. Net income for the quarter was $-27M. Gross margin was 65.4%. Revenue grew -11.7% year-over-year compared to FY 2022. Operating income came in at $-31M.

In FY 2022, Gold Royalty Corp. reported revenue of $4M. Net income for the quarter was $-17M. Gross margin was 60.0%. Revenue grew 1800.1% year-over-year compared to FY 2021. Operating income came in at $-22M.

Over the past 5 quarters, Gold Royalty Corp. has demonstrated a growth trajectory, with revenue expanding from $191,991 to $10M. Investors analyzing GROY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

GROY Dividend Yield and Income Analysis

Gold Royalty Corp. (GROY) does not currently pay a dividend. This is common among smaller companies in the Precious Metals industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

GROY Momentum and Technical Analysis Profile

Gold Royalty Corp. (GROY) has a momentum factor score of 78/100, indicating strong price momentum with the stock outperforming the majority of the market over recent periods. Stocks with high momentum scores have historically tended to continue their outperformance in the near term. The investment factor score is 45/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 23/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.

GROY vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, Gold Royalty Corp. (GROY) ranks #172 out of 284 stocks based on the Blank Capital composite score. This places GROY in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing GROY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full GROY vs S&P 500 (SPY) comparison to assess how Gold Royalty Corp. stacks up against the broader market across all factor dimensions.

GROY Next Earnings Date

No upcoming earnings date has been announced for Gold Royalty Corp. (GROY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy GROY? — Investment Thesis Summary

The quantitative profile for Gold Royalty Corp. suggests caution. The quality score of 27/100 flags below-average profitability. The value score of 36/100 indicates premium valuation. Price momentum is positive at 78/100, suggesting the trend favors buyers.

In summary, Gold Royalty Corp. (GROY) earns a Reduce rating with a composite score of 44.9/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on GROY stock.

Related Resources for GROY Investors

Explore more research and tools: GROY vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare GROY head-to-head with peers: GROY vs CF, GROY vs NTR, GROY vs UAN.