12 Best Gold Stocks to Buy According to Analysts

4. Gold Royalty Corp. (NYSE:GROY)

Gold Royalty Corp (NYSE:GROY) is one of the best gold stocks to buy, according to analysts. On February 19, Gold Royalty Corp (NYSE:GROY) entered into an agreement for the upsizing and amendment of its existing credit facility to up to $150 million.

The amended agreement is with a syndicate of banks, including Bank of Montreal, National Bank Capital Markets, and the Royal Bank of Canada. The revised credit facility consists of $125 million in a secured credit line. The agreement also allows for an additional $25 million, subject to certain conditions. The facility is to bear a reduced interest rate of between 2.25% and 3.25%.

Andrew Gubbels, Chief Financial Officer, commented: “Following our recent acquisitions, we are pleased to announce this increased Facility with a growing syndicate of supportive lenders. In addition to reducing our cost of capital, the Facility positions us to execute our growth strategy efficiently in the future.”

Earlier on January 21, Gold Royalty announced it achieved record revenue growth in the fourth quarter and full year. Total revenue in the fourth quarter of 2025 was up 37% to $5.2 million, translating to 1,255 gold equivalent ounces. Full-year revenue was also up 38% to a record $17.7 million. The record revenue came into being despite a transitional period at the Vares mine due to strong performance across a diversified portfolio of cash-flowing royalties and streams.

Gold Royalty Corp. (NYSE:GROY) is a precious metals-focused company that acquires and manages net smelter return (NSR) royalties and streaming interests, primarily in the Americas. It acts as a financier for mining companies, providing capital in exchange for a percentage of future revenue from projects, offering investors exposure to gold production without operating risk.