Gold Royalty Corp (GROY) Stock: Price Target Revised on Q1 Results
Key takeaways
- Gold Royalty (GROY) stock has gained more than 140% over the past year, and analysts see it rising by more than 60% more over the next 12 months.
- Wainwright raised its price target on Gold Royalty Corp (NYSEAMERICAN:GROY) to $7.75 from $6.75 while keeping a Buy rating on the stock.
- In Q1, Gold Royalty’s revenue surged to a record $7.2 million from $3.1 million in the same period a year ago.
Gold Royalty Corp (GROY) Stock: Price Target Revised on Q1 Results Abdul Rahman Fri, May 15, 2026 at 10:54 PM GMT+7 2 min read GROY Gold Royalty Corp (NYSEAMERICAN:GROY) is one of the explosive mining penny stocks to watch in 2026. Gold Royalty (GROY) stock has gained more than 140% over the past year, and analysts see it rising by more than 60% more over the next 12 months.
On May 7, H.C. Wainwright raised its price target on Gold Royalty Corp (NYSEAMERICAN:GROY) to $7.75 from $6.75 while keeping a Buy rating on the stock. The firm revised its target for the stock after Gold Royalty reported record revenue for Q1 2026 and reiterated its full-year 2026 outlook. According to H.C. Wainwright analyst Heiko Ihle, Gold Royalty’s production profile provides a solid basis for a premium valuation in light of the current commodity price environment.
In Q1, Gold Royalty’s revenue surged to a record $7.2 million from $3.1 million in the same period a year ago. The company posted a net income of $1.8 million, translating to EPS of $0.01 per share. That compares to a net loss of $1.2 million, or a loss per share of $0.01 a year ago.