Gold Royalty Corp. (NYSE:GROY – Free Report) – Research analysts at National Bank Financial cut their FY2025 EPS estimates for Gold Royalty in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will post earnings per share of ($0.02) for the year, down from their previous forecast of ($0.01). The consensus estimate for Gold Royalty’s current full-year earnings is ($0.01) per share.
GROY has been the topic of several other research reports. HC Wainwright raised their price target on shares of Gold Royalty from $5.50 to $5.75 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Scotiabank dropped their price target on shares of Gold Royalty from $2.50 to $2.25 and set a “sector outperform” rating on the stock in a research report on Monday, November 25th.
Gold Royalty Stock Performance
Shares of Gold Royalty stock opened at $1.47 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a fifty day moving average price of $1.26 and a 200 day moving average price of $1.32. Gold Royalty has a 1 year low of $1.16 and a 1 year high of $2.21. The stock has a market cap of $248.53 million, a PE ratio of -11.31 and a beta of 0.89.
Institutional Trading of Gold Royalty
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of Montreal Can grew its position in shares of Gold Royalty by 27.4% in the third quarter. Bank of Montreal Can now owns 3,112,732 shares of the company’s stock valued at $4,296,000 after purchasing an additional 668,784 shares during the period. Sprott Inc. grew its position in shares of Gold Royalty by 227.5% in the fourth quarter. Sprott Inc. now owns 363,841 shares of the company’s stock valued at $440,000 after purchasing an additional 252,735 shares during the period. GSA Capital Partners LLP grew its position in shares of Gold Royalty by 39.2% in the third quarter. GSA Capital Partners LLP now owns 779,331 shares of the company’s stock valued at $1,060,000 after purchasing an additional 219,351 shares during the period. Zazove Associates LLC grew its position in shares of Gold Royalty by 83.0% in the fourth quarter. Zazove Associates LLC now owns 441,000 shares of the company’s stock valued at $534,000 after purchasing an additional 200,000 shares during the period. Finally, DiNuzzo Private Wealth Inc. acquired a new stake in shares of Gold Royalty in the third quarter valued at about $132,000. Institutional investors and hedge funds own 33.75% of the company’s stock.
About Gold Royalty
Gold Royalty Corp., a precious metals-focused royalty company, provides financing solutions to the metals and mining industry. It focuses on acquiring royalties, streams, and similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium, and longer-term returns for its investors.
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