Just came across this gold stock GROY that's been absolutely crushing it. Up like 285% in the past year alone, which is wild. So basically it's a gold royalty company—they finance mining operations and take a cut of the revenue. Not the most exciting business model on paper, but the numbers are actually insane.



They're projecting 133% revenue growth in 2026 and going from losses to like 6 cents per share profit. That's the kind of swing that gets analysts excited. Six out of eight brokers covering it have Strong Buy ratings, which is rare. The thing is, gold's been on this crazy run with all the central bank buying and geopolitical stuff, so the timing seems right.

Price target suggests maybe 9% upside from here, and it's still under $10 which puts it in that sweet spot for best cheap stock to buy now if you're looking for something with real upside potential. Obviously it's still speculative—gold stocks always are—but if you're screening for best cheap stock to buy now with actual earnings growth behind it, this one checks a lot of boxes. The industry ranks in the top 32% too.

They're saying it could break out above some key resistance and hit 2021 highs. Not financial advice obviously, but definitely worth adding to a watchlist if gold's part of your thesis for 2026. Anyone else looking at best cheap stock to buy now in the mining space?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin