Gold Royalty Earns Buy Rating from Canaccord Genuity

Canaccord Genuity analyst Carey MacRury maintained a Buy rating on Gold Royalty (GROY) with a $3.25 price target. The company reported a Q1 revenue of $3.14mln and a GAAP net loss of $1.25mln. MacRury has a 16.0% average return and 63.35% success rate on recommended stocks.

Gold Royalty Corp. (GROY), a precious metals-focused royalty company, has seen its stock receive a Buy rating from Canaccord Genuity analyst Carey MacRury. MacRury has set a $3.25 price target for the company. The analyst's rating comes with a 16.0% average return and a 63.35% success rate on recommended stocks [1].

In its Q1 2025 financial report, Gold Royalty Corp. reported a revenue of $3.14 million and a GAAP net loss of $1.25 million. 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 [2].

Gold Royalty Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada. The company provides financing solutions to the metals and mining industry by 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 [3].

References:
[1] https://www.perplexity.ai/finance/GROY
[2] https://www.perplexity.ai/finance/GROY
[3] https://www.perplexity.ai/finance/GROY