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Basis of Preparation and Material Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Disclosure of voluntary change in accounting policy [abstract]  
Summary of Gold Royalty Corp. and its Wholly-Owned Subsidiaries

The consolidated financial statements include the financial statements of Gold Royalty Corp. and its wholly-owned subsidiaries:

 

 

 

 

 

 

% Equity Interest as at

Name of subsidiary

 

Country of Incorporation

 

Functional Currency

 

December 31, 2025

 

December 31, 2024

Ely Gold Royalties Inc.

 

Canada

 

U.S. dollar

 

100%

 

100%

Nevada Select Royalty, Inc.

 

USA

 

U.S. dollar

 

100%

 

100%

Ren Royalties LLC

 

USA

 

U.S. dollar

 

100%

 

100%

VEK Associates

 

USA

 

U.S. dollar

 

100%

 

100%

Gold Royalty Holdings Ltd.

 

Canada

 

U.S. dollar

 

100%

 

100%

Groyco Mex, S.A. de C.V.

 

Mexico

 

U.S. dollar

 

100%

 

100%

Disclosure of fair value of financial instruments [text block]

All financial instruments are initially recorded at fair value and designated as follows:

Financial Assets

 

Classification

Cash and cash equivalents

 

Financial assets at amortized cost

Short-term investments

 

FVTPL

Gold-linked loan

 

FVTPL

Accounts receivable

 

Financial assets at amortized cost

Long-term investments

 

FVTOCI

 

Financial Liabilities

 

Classification

Accounts payable and accrued liabilities

 

Financial liabilities at amortized cost

Lease obligation

 

Financial liabilities at amortized cost

Convertible debentures

 

Financial liabilities at amortized cost

Embedded derivative

 

FVTPL

Bank loan

 

Financial liabilities at amortized cost