8 Best Gold Stocks Under $5

6. Gold Royalty Corp (NYSEAMERICAN:GROY)

Share Price: $3.16

Stock Upside Potential: 86.37%

Number of Hedge Fund Holders: 26

Gold Royalty Corp (NYSEAMERICAN:GROY) is one of the best gold stocks under $5. On May 6, Gold Royalty Corp (NYSEAMERICAN:GROY) delivered impressive first-quarter 2026 results characterized by record cash flow and revenue. The company also reiterated its focus on strengthening its balance sheet and cash position to accelerate underlying growth.

Revenue in the quarter more than doubled to $7.2 million compared to $3.1 million generated in the same quarter last year. Total revenue, land Agreement Proceeds, and interest also more than doubled to $9.4 million, up from $3.6 million in the same quarter last year. The company also bounced back to profitability, reporting net income of $1.8 million, or $0.01 a share, up from a net loss of $1.2 million, or $0.01 a share, generated in the same quarter last year.

During the quarter, the company also achieved a 9% increase in gold produced at the Borborema mine. Mine development and construction also advanced and remain on schedule at Canadian Malartic. Similarly, Gold Royalty Corp has reiterated its previously announced guidance, expecting 7,500 to 9,300 GEOs (Gold Equivalent Ounces).

Gold Royalty Corp (NYSEAMERICAN:GROY) is a precious metals-focused royalty and streaming company. It provides financing to the mining industry and, in exchange, holds rights to a percentage of the metals produced or of the revenue generated by those mines.

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