Heiko Ihle, an analyst from H.C. Wainwright, reiterated the Buy rating on Gold Royalty. The associated price target was raised to $6.25.
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Heiko Ihle has given his Buy rating due to a combination of factors including Gold Royalty’s strong financial performance and favorable market conditions. The company’s 2Q25 financial results showed a significant increase in revenue, driven by higher gold prices and improved contributions from key assets like Côté Gold and Vareš. This performance was complemented by positive operating cash flow, reflecting management’s focus on cash generation.
Additionally, Ihle revised the precious metal price deck, reflecting higher long-term estimates for gold, silver, and copper, which have seen significant price increases over the past year. These revisions, alongside geopolitical factors, suggest continued investment in safe-haven assets. Consequently, Ihle raised the price target for Gold Royalty to $6.25, valuing its assets at favorable discount rates and highlighting the potential of sites like the Canadian Malartic and Vareš as key contributors to the company’s growth.
According to TipRanks, Ihle is a top 100 analyst with an average return of 26.1% and a 62.68% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Integra Resources Corp, Gold Resource, and McEwen Mining.
In another report released on July 24, BMO Capital also maintained a Buy rating on the stock with a $3.00 price target.