Gold Royalty Reports Profit Growth for Third Quarter 2026

Gold Royalty Corp. reported its financial results for the third quarter of 2026, showing a 147% increase in revenue to $10.2 million compared to the same period in 2025. The company shifted from a net loss of $1.1 million in the third quarter of 2025 to a net income of $3.8 million for the three-month period ending September 30, 2026.

CEO David Garofalo attributed the growth to increased production across the company's portfolio of mining assets, specifically citing contributions from the Odyssey, Côté, and Jerritt Canyon projects. As of late September, the company had met 76% of its full-year production guidance of 7,500 to 9,300 gold equivalent ounces (GEOs).

The company ended the quarter with $21 million in cash and no debt. Additionally, Gold Royalty maintained access to a $125 million revolving credit facility. During the quarter, the company deployed $0.8 million in capital to acquire royalty interests in the Sterling and Granite Creek projects in Nevada.