Gold Royalty (GROY)
Builds a gold and copper portfolio of mining royalties and streams.
Something off on this page? Send us feedback.
Generates revenue from precious-metals royalties, metal streams and related mining interests while third-party operators run the underlying properties. Growth comes through acquisitions, financing arrangements and royalty generation, leaving revenue tied to operator execution, production and gold and copper prices.
Acquires net-smelter-return royalties, metal streams and related interests in gold and copper mines, leaving exploration, construction and operations to third-party operators. The portfolio is centered in the Americas, with interests also extending to other mining jurisdictions.
Builds the portfolio through financing, acquisitions and its Royalty Generator Model, which options, leases or sells mineral properties while retaining royalty interests. A lean Canadian team concentrates on transactions, financing structures and portfolio management rather than mine operations.
Cash generation depends on production, mine plans, regulatory compliance and disclosures from third-party owners and operators.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 14, 2026 | Scotiabank | Reiterate | Rating: —Target: — | Target: $5.75 |
| May 7, 2026 | H.C. Wainwright | Target | Target: — | Target: $7.75 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $14.1M · Total debt $54.0K · Total assets $850.1M · Shareholders' equity $724.5M
- Revenue
- $6.7M
- Operating income
- $1.9M
- Net income
- $1.8M
HistoryDividendAnnual yield
| Institutions | 25.66% | 57.62M ADS | |
|---|---|---|---|
| 118 holders · as of Jun 30, 2026 | |||
| Other | 74.34% | 166.91M ADS | |
| remainder | |||
224.53M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 2.98% | 6.69M ADS | as of Jun 30, 2026 |
Regal Partners LtdInstitution | 2.54% | 5.71M ADS | as of Jun 30, 2026 |
Van Eck Associates CorpInstitution | 2.38% | 5.33M ADS | as of Jun 30, 2026 |
Two Sigma Investments, LPInstitution | 2.31% | 5.20M ADS | as of Jun 30, 2026 |
Morgan StanleyInstitution | 2.11% | 4.74M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Franco-Nevada
Leading gold royalty and stream financier with exceptional deal capacity.
- Wheaton Precious Metals
Major precious-metals streaming financier for gold, silver, and copper.
- Royal Gold
Scaled buyer of gold and copper streams, royalties, and similar interests.
- OR Royalties
Large Canadian precious-metals royalty and stream financier.
- Triple Flag Precious Metals
Large precious-metals royalty and stream buyer focused on the Americas.
- Metalla Royalty & Streaming
Mid-sized gold, silver, and copper royalty and stream acquirer.
- Vox Royalty
Acquisition-focused mining royalty and streaming buyer.
CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Gold Royalty | $3.35 | +0.15% | $752.4M | 493.9 | 45.2 | 33.4 | +76.1% |
| Franco-Nevada | $267.20 | +0.03% | $50.47B | 34.2 | 30.1 | 21.8 | +57.3% |
| Wheaton Precious Metals | $154.10 | +0.16% | $67.06B | 32.7 | 29.9 | 21.1 | +84.7% |
| Royal Gold | $253.25 | −1.96% | $21.23B | 27.3 | 21.8 | 13.7 | +114.9% |
| OR Royalties | $37.55 | +0.01% | $6.77B | 24.1 | 23.0 | 18.7 | +62.1% |
| Triple Flag Precious Metals | $33.73 | −0.03% | $6.77B | 16.4 | 26.6 | 13.9 | +37.3% |
| Metalla Royalty & Streaming | $10.40 | +0.19% | $948.4M | — | 92.5 | 61.3 | +82.2% |
| Vox Royalty | $5.76 | −0.09% | $385.9M | 8.1 | 46.7 | 11.6 | +122.6% |
| Median | 25.7 | 29.9 | 18.7 | +82.2% |