Gold Royalty maintains 2026 guidance of 7,500-9,300 GEOs based on assumed gold and copper prices
Company expects continued volume and cash flow growth in second half of 2026
Commodity prices expected to affect GEOs calculation; sensitivity table provided for 2026 guidance
Overview
Canada gold royalty firm's Q2 revenue rose 76% yr/yr to $6.7 mln
Adjusted net income turned positive yr/yr
Company acquired new royalty interests in Nevada and reiterated full-year GEOs guidance
Result Drivers and key details
GEOs growth - Co said Q2 GEOs increased 31% yr/yr to 1,757, helping drive revenue growth
Portfolio expansion - Co acquired new royalty interests in Nevada, including Ren, Sterling, and Granite Creek projects
Cash flow - Co reported strong cash flow from operating activities, ending Q2 with over $11.3 mln cash and no debt
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Net Income
Miss
$1.79 mln
$2.60 mln (1 Analyst)
Q2 Basic EPS
$0.01
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
GROY•
