Gold Royalty Shares Surge 5.88% on Renewed Investor Confidence Ahead of 2025 Earnings

Gold Royalty surged 5.8824% in pre-market trading on January 13, 2026, signaling renewed investor confidence ahead of its full-year 2025 results.

The company’s recent operational performance underscored the rally, with Thor Explorations reporting 91,910 ounces of gold poured in 2025, exceeding its narrowed production guidance. Q4 output reached 23,719 ounces, generating $108 million in unaudited revenue at an average gold price of $4,189 per ounce.

Strong cash generation allowed the firm to declare a bonus dividend of C$0.015 per share alongside its regular payout, reflecting disciplined capital management.

Looking ahead, the firm outlined 2026 production guidance of 75,000–85,000 ounces and all-in sustaining costs of $1,000–$1,200 per ounce. Exploration efforts in Nigeria and Côte d’Ivoire, including underground drilling at Segilola, position the company for potential growth. CEO Segun Lawson highlighted the importance of returning surplus cash to shareholders while maintaining operational flexibility, aligning with the recent dividend strategy.

With its current asset base and disciplined cost structure, Gold Royalty is well-positioned to navigate the evolving gold market. Investors are watching closely as the company moves forward with its 2026 growth initiatives, including new exploration targets and further optimization of its core operations. The focus on shareholder returns, combined with strong production metrics, supports a long-term outlook of sustained growth and value creation for stakeholders.