{
 "ticker": "GROY",
 "name": "Gold Royalty",
 "url": "https://grantbishop.pages.dev/index/GROY",
 "sells": "Gold Royalty holds rights to a share of gold output from mines it does not operate.",
 "why": "We follow it because the House View watches gold, silver and other hard assets as part of its argument about government debt and inflation.",
 "questions": [
  {
   "slug": "hard-assets",
   "question": "Who holds the hard assets?",
   "url": "https://grantbishop.pages.dev/index/q/hard-assets"
  }
 ],
 "tests": [
  {
   "id": "W-1",
   "claim": "This inflation is coming from broken supply, not from too much money. While it lasts, owning the broad market is not the hedge our earlier views assumed.",
   "url": "https://grantbishop.pages.dev/claims/inflation-from-broken-supply"
  }
 ],
 "reports_next": null,
 "latest_disclosed": {
  "form": "20-F",
  "filed": "2026-03-19",
  "period": "2025-12-31",
  "url": "https://www.sec.gov/Archives/edgar/data/1834026/000119312526114767/groy-20251231.htm"
 },
 "disclosed": [],
 "check": "Checked against the company's own business description in its latest annual filing.",
 "log": [
  {
   "date": "2026-10-19",
   "note": "Entry rewritten in plain words: what the company sells, and why we follow it."
  },
  {
   "date": "2026-10-12",
   "note": "Verified against the 20-F filed 2026-03-19 at launch."
  }
 ],
 "living_report": {
  "report": false,
  "last_revised": null,
  "next_disclosure": null,
  "timeline": [],
  "history": []
 },
 "market": {
  "rule": "Each figure is kept only where Massive and Yahoo agree on it to the cent; a figure they do not agree on is null. Dated, not live. The market value and the forward multiple are computed from the close.",
  "last_close": {
   "value": 3.12,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "day_range": {
   "low": 3.01,
   "high": 3.13,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "range_52_week": {
   "low": 2.45,
   "low_date": "2026-07-16",
   "high": 5.45,
   "high_date": "2026-01-21",
   "sessions": 251,
   "currency": "USD",
   "as_of": "2026-11-06",
   "providers": [
    "Massive",
    "Yahoo"
   ]
  },
  "market_value": null,
  "forward_multiple": null,
  "checked_at": "2026-11-10 03:30:40"
 },
 "exhibits": null,
 "mentions": [],
 "note": "Prices on this page are dated market records, shown free during the preview, each confirmed by two independent data providers. None is a recommendation.",
 "license": "Free to cite with a link."
}