TD Securities sets USD 4.00 target for Gold Royalty stock
Published on 10/17/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCoverage and calendar
- TD Securities initiated coverage with a USD 4.00 target on October 8, 2026.
- Gold Royalty scheduled its third-quarter results for November 4, 2026.
- Gold Royalty stock costs USD 2.98 at 4:00 p.m. ET on October 16, 2026, 1.36 percent above its prior close of USD 2.94.
- Gold Royalty had a USD 690.4 million market capitalization on October 16, 2026.
TD Securities initiated coverage of Gold Royalty Corp. (ISIN CA38071H1064) with a Buy rating and a USD 4.00 target on October 8, 2026. The target stands 34.23 percent above the USD 2.98 price at that date. Gold Royalty was last at USD 2.98 on October 16, 2026 at 4:00 p.m. ET on NYSE American, up 1.36 percent from the prior close of USD 2.94.
Results date set for November 4
The company calendar on Gold Royalty lists the release of third-quarter 2026 results for November 4, 2026. That date gives investors the next fixed checkpoint for royalty revenue, cash flow and earnings.
Price remains below the yearly high
Gold Royalty's USD 2.98 quote on October 16, 2026 stood within a 52-week range of USD 2.45 to USD 5.46. The price was 45.42 percent below the yearly high and 21.63 percent above the yearly low. Trading volume reached 1,237,633 shares against an average of 1,936,179 shares on the same date.
Valuation and target
The company had a USD 690.4 million market capitalization on October 16, 2026. TD Securities' USD 4.00 target provides the clearest dated valuation marker in the latest coverage, while the scheduled results may add operating detail on November 4, 2026.
Comparison with peers
Gold Royalty (NYSE American, USD): plus 1.36 percent, market capitalization USD 690.4 million.
Franco-Nevada Corporation (NYSE, USD): plus 1.18 percent, P/E 31.86, market capitalization USD 47.0 billion.
Wheaton Precious Metals Corporation (NYSE, USD): plus 0.77 percent, P/E 29.75, market capitalization USD 60.9 billion.
Home-market quote and context
Gold Royalty was last at USD 2.98 on October 16, 2026 at 4:00 p.m. ET on NYSE American, 1.36 percent above the prior close of USD 2.94. The next scheduled company event is the third-quarter results release on November 4, 2026.
Gold Royalty market details
- Company: Gold Royalty Corp.
- ISIN: CA38071H1064
- Ticker: GROY
- Primary exchange: NYSE American
- Price NYSE American (as of October 16, 2026, 4:00 p.m. ET): USD 2.98
- Change versus prior close: plus 1.36 percent
- Market capitalization: USD 690.4 million (as of October 16, 2026)
- 52-week range: USD 2.45-5.46 (as of October 16, 2026)
- Sector / Industry: Precious metals royalty and streaming
Market context: Market report S&P 500.
