Gold Royalty (GROY)
Gold Royalty is a precious metals royalty and streaming company. The company’s royalty-based model helps avoid the heavy costs tied to running mines. Its growing portfolio of royalties allows it to benefit from rising gold prices without taking on the same day‑to‑day risks of running a mine. Also, strong gold demand and new royalty deals support an improved cash flow position and more projects moving into production.
On TipRanks, analysts have a Strong Buy consensus rating on GROY stock based on five Buys assigned in the past three months. Further, the average Gold Royalty stock price target of $6.10 per share implies 136.43% upside potential.
Sable Offshore (SOC)
Sable Offshore is an independent energy company. A recent court ruling cleared a key hurdle for the company to restart the Santa Ynez Unit. This brings it closer to sending oil through the pipeline again. Restarting flows would help the company bring in cash and pay down debt. While the stock’s low price reflects past volatility, the company’s restructuring efforts and stronger energy markets might support upside if execution stays on track.
