GROY News & Analysis

Gold Royalty (GROY) Reports $17.3M Revenue, 116% Year-over-Year Growth

Gold Royalty Corp. (GROY) reported record first-half revenue of $17.3 million, an increase of 116% from the previous year, and adjusted EBITDA of $12.6 million, up 212%. Gold equivalent ounces (GEOs) rose more than 40% to 3,677. The company maintained its 2026 production guidance of 7,500–9,300 GEOs and anticipates production growth as projects like Vareš progress. They ended the quarter with $11.3 million in cash and no debt, positioning the company for future growth opportunities, which is important for investors considering its solid balance sheet and revenue trajectory.