Scotiabank Maintains an Outperform Rating on Gold Royalty Corp. (GROY)

Core Viewpoint - Gold Royalty Corp. (NYSE:GROY) is recognized as one of the best gold stocks to invest in for 2026, with positive ratings and price target increases from major financial institutions [1][2][3]. Group 1: Analyst Ratings and Price Targets - Scotiabank has maintained an Outperform rating on Gold Royalty Corp. and raised its price target from $5 to $6, citing geopolitical threats and economic uncertainties as factors influencing gold and silver prices [2]. - Maxim has reaffirmed its buy rating for Gold Royalty Corp. and increased its price target from $5 to $7, adjusting its valuation model based on recent acquisitions and rising gold prices [3]. Group 2: Recent Developments - On December 8, 2025, Gold Royalty Corp. announced a deal to acquire a royalty on the Pedra Branca mine for $70 million in cash, indicating active expansion in its royalty portfolio [4]. - The company specializes in precious metals and provides financing solutions to the mining and metals market, positioning itself strategically within the industry [4].