2026-10-25
Gold Royalty clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
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latest tape · as of 20:04 UTC
The Screen · Basic Materials · Gold
Gold Royalty Corp.
GROY · NYSE American · USD · Market cap $658M
Gold Royalty Corp., a precious metals-focused royalty company, provides financing solutions to the metals and mining industry in the United States, Bosnia and Herzegovina, Canada, Brazil, and Mexico.
Not yet scored2.83 USD
Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 5 days ago
Screened 2026-10-23 · the tape above runs as of 20:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
- Price2.83 USD at the 23 Oct 2026 close
- Ethical screenNot yet scored
- OptionsOpen interest leans to puts (put/call 1.10)
- Last reviewed23 Oct 2026 (5 days ago)
A summary of the dated readings below, not a live quote and not advice.
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 2.83 against the desk's fair-value range, base estimate 2.90, over the last year.
- Trend Markdown
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options put/call open interest 1.10, read 2026-10-27
- Ethical screen not yet scored
Price2.83 USD
Fair value2.90
Ethical score64.7/100
Our investment reviews on this name
2026-10-02Read Markdown3.26-13.2% to today ✓Accumulation gives way to Markdown after a 5% rise in 5 weeks
2026-08-31Read Accumulation3.10-8.7% to today Distribution gives way to Accumulation after a 22% rise in 4 weeks
2026-07-31Read Distribution2.55+11.0% to today Markdown gives way to Distribution after a 10% slide in 4 weeks
2026-07-02Read Markdown2.83+0.0% to today First review on file: Markdown
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
The full research record, in depth, below
This name holds its markdown label.
Gold Royalty Corp. holds its Markdown at $2.83. Elevated stress, defensive posture warranted, held for 73 days.
| Phase | Markdown · caution |
| Quantitative state | Elevated stress, defensive posture warranted, held for 73 days |
| Price at the screen | $2.83 |
| Valuation | N/A trailing · 29.89 forward price to earnings |
| Values screen | Not scored · score 64.7 |
| Beta | 1.11 |
Five Screens, Shown in Full
This security has not been fully scored against the values screen yet.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | 0.01% | Below 33% | Interest-bearing debt is just 0.0% of its assets, well under the one-third ceiling: it does not run on borrowed money. | Pass |
| Interest-bearing cash | 0.30% | Below 33% | Cash held in interest-bearing accounts and securities is 0.3% of assets, under the one-third limit. | Pass |
| Receivables | 1.84% | Below 49% | Money owed to the company is 1.8% of assets, under the 49% limit. | Pass |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadThe Read, in Plain English
Gold Royalty clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
Read as at 2026-10-27. It updates when the underlying figures move, and past reads are kept below.
2026-09-24
Clears
Gold Royalty clears all five screens. Its business is in a permissible area, its debt is near-nil, and almost none of its income is interest, so it passes.
Earlier reads, kept as written. The ethical profile is tracked over time, not overwritten.
What the Numbers Say It Is WorthThe Fair Value Range
Fair value range in USD, drawn from the 2026-10-23 screen. The gold marker is the market price at the same screen. A 2.2% margin of safety to the base estimate.
Third-party analyst targets: 8 covering, consensus Strong Buy. The average target sits +77% from the screen price.
Reading the gap · Our more conservative model reads it as roughly fairly valued here, while the Street is more bullish: a quality-at-a-fair-price name rather than a deep-value one.
Price History & ProjectionsWhere it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-23 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words| Forward P/E | 29.9xcheap for a company growing this fast |
| EPS, trailing | 0.00 |
| EPS, forward | 0.10 |
| Revenue growth | +76.1%growing very fast |
| Profit margin | 6.7%thin but positive margins |
| Return on equity | 0.2%a modest return on shareholder capital |
| FCF yield | -15.78% |
| Debt to equity | 0.02minimal debt: a conservative balance sheet |
| Current ratio | 4.80comfortably covers its short-term bills |
| Beta | 1.11moves a little more than the market |
| Short interest, float | 0.04% |
| 52-week range | 2.45 - 5.46 |
| Market cap | $658M |
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market; its business and earnings are exposed to Canada and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradeGROY trades on NYSE American (the company is based in Canada). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
2026-10-28
Markdown $2.84
-3.4% Entry 9
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 3.4% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are up 37%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (7 analysts) rates it none, with a mean price target of $6.
2026-10-21
Markdown $2.94
-4.5% Entry 8
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 4.5% since our last review. Ethical screening: not fully scored yet. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it D. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are up 37%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (7 analysts) rates it none, with a mean price target of $6.
2026-10-14
Markdown $3.08
-5.5% Entry 7
The analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 5.5% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading bearish. Over the past year the shares are up 37%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (7 analysts) rates it none, with a mean price target of $6. Since the last review it its composite score rose.
2026-10-02
Markdown · changed $3.26
+5.2% Entry 6
The framework has shifted from accumulation to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved up 5.2% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading bearish. Over the past year the shares are up 37%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (7 analysts) rates it none, with a mean price target of $6.
2026-08-31
Accumulation · changed $3.10
+21.6% Entry 5
The framework has shifted from distribution to accumulation since the last review. Smart money appears to be quietly building positions. This typically precedes a markup phase. Price has moved up 21.6% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading bearish. Over the past year the shares are up 37%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (7 analysts) rates it none, with a mean price target of $6.
2026-07-31
Distribution · changed $2.55
-9.9% Entry 4
The framework has shifted from markdown to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 9.9% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading bearish. Over the past year the shares are up 37%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (7 analysts) rates it none, with a mean price target of $6.
2026-07-18
Markdown $2.83
+0.0% Entry 3
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows good risk-adjusted returns. Our composite framework grades it C. Technically it is momentum reading bearish. Over the past year the shares are up 37%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (7 analysts) rates it none, with a mean price target of $6.
2026-07-03
Markdown $2.83
+0.0% Entry 2
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (65). The risk-adjusted return profile shows good risk-adjusted returns.
2026-07-02
Markdown $2.83
Entry 1
Our analysis reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: PASS with passing ethical screen (65). The risk-adjusted return profile shows good risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
- Gold Royalty to Release Third Quarter 2026 Results on November 4, 2026 Yahoo Finance · 20d ago
- Gold Royalty Targets Sixfold Production Growth as Gold Prices Lift Royalty Outlook Yahoo Finance · 26d ago
- Blackrock Silver Acquires Tonopah East Project Increasing Landholdings by 45% in Tonopah Mining District Yahoo Finance · 28 Sep 2026
- Lake Victoria Gold Reports High-Grade Gold Intercepts at Imwelo as It Advances Metallurgical Testing Insider Monkey · 3 Sep 2026
- Lake Victoria Gold Reports High-Grade Gold Intercepts at Imwelo as It Advances Metallurgical Testing Yahoo Finance · 3 Sep 2026
Headlines from third-party outlets, linked for reference: not our reporting, not advice.
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| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $3.72 | -27.6% | · | $725 | -27.6% |
| 2 months | $3.65 | -26.2% | · | $738 | -26.2% |
| 3 months | $4.07 | -33.8% | · | $662 | -33.8% |
| 6 months | $4.10 | -34.3% | · | $657 | -34.3% |
| 1 year | $1.97 | +36.8% | · | $1,368 | +36.8% |
| 2 years | $1.53 | +76.1% | · | $1,761 | +76.1% |
| 3 years | $1.98 | +36.2% | $0.01 | $1,367 | +36.7% |
| 5 years | $4.79 | -43.8% | $0.06 | $575 | -42.5% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever GROY does next, these words stay.
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Join the deskScreening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.