FY2025 EPS Estimates for Gold Royalty Reduced by Analyst

Gold Royalty Corp. (NYSE:GROY) – Investment analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for Gold Royalty in a report released on Tuesday, July 15th. National Bank Financial analyst S. Nagle now anticipates that the company will earn ($0.03) per share for the year, down from their previous forecast of ($0.02). The consensus estimate for Gold Royalty’s current full-year earnings is ($0.01) per share.

GROY has been the subject of several other reports. Canaccord Genuity Group began coverage on Gold Royalty in a research report on Wednesday, June 11th. They set a “buy” rating and a $3.00 price objective for the company. Scotiabank set a $2.50 target price on Gold Royalty and gave the stock an “outperform” rating in a report on Friday, June 13th. HC Wainwright reiterated a “buy” rating and set a $5.75 target price on shares of Gold Royalty in a report on Friday, June 13th. Finally, National Bankshares reiterated an “outperform” rating on shares of Gold Royalty in a report on Wednesday.

Gold Royalty Stock Down 2.1%

GROY stock opened at $2.37 on Friday. 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 stock has a market capitalization of $404.01 million, a P/E ratio of -18.23 and a beta of 0.94. The business has a 50-day moving average of $2.08 and a 200-day moving average of $1.64. Gold Royalty has a fifty-two week low of $1.16 and a fifty-two week high of $2.52.

Institutional Trading of Gold Royalty

Several institutional investors and hedge funds have recently bought and sold shares of the stock. PFG Investments LLC bought a new stake in Gold Royalty in the second quarter valued at approximately $43,000. Commonwealth Equity Services LLC raised its stake in Gold Royalty by 20.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 125,910 shares of the company’s stock valued at $152,000 after buying an additional 21,717 shares during the period. Total Wealth Planning & Management Inc. bought a new stake in Gold Royalty in the fourth quarter valued at approximately $31,000. Marshall Wace LLP raised its stake in Gold Royalty by 43.7% in the fourth quarter. Marshall Wace LLP now owns 100,963 shares of the company’s stock valued at $122,000 after buying an additional 30,710 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new stake in Gold Royalty in the fourth quarter valued at approximately $46,000. Institutional investors own 33.75% of the company’s stock.

Gold Royalty Company Profile

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.