
Gold Royalty Corp. (NYSEAMERICAN:GROY – Free Report) – HC Wainwright lifted their FY2026 earnings estimates for Gold Royalty in a note issued to investors on Thursday, August 6th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings per share of $0.04 for the year, up from their prior estimate of $0.03. HC Wainwright currently has a “Buy” rating and a $7.00 target price on the stock. The consensus estimate for Gold Royalty’s current full-year earnings is $0.05 per share.
A number of other brokerages have also recently commented on GROY. Canaccord Genuity Group raised shares of Gold Royalty from a “hold” rating to a “buy” rating and set a $5.00 target price for the company in a report on Wednesday, April 29th. Scotiabank lowered their price target on Gold Royalty from $6.00 to $5.75 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. Seven investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Gold Royalty currently has an average rating of “Moderate Buy” and a consensus target price of $5.64.
Gold Royalty Stock Performance
Shares of Gold Royalty stock opened at $2.87 on Friday. Gold Royalty has a 1 year low of $2.45 and a 1 year high of $5.45. The company has a market capitalization of $662.42 million, a P/E ratio of 287.29 and a beta of 0.94. The company’s fifty day moving average is $2.77 and its two-hundred day moving average is $3.51.
Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.01 EPS for the quarter, meeting analysts’ consensus estimates of $0.01. Gold Royalty had a net margin of 6.65% and a return on equity of 0.70%. The business had revenue of $7.93 million for the quarter, compared to analysts’ expectations of $8.34 million.
Hedge Funds Weigh In On Gold Royalty
A number of hedge funds and other institutional investors have recently bought and sold shares of GROY. Caitong International Asset Management Co. Ltd lifted its stake in shares of Gold Royalty by 363,800.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 7,278 shares of the company’s stock worth $29,000 after acquiring an additional 7,276 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Gold Royalty by 68.0% during the second quarter. Geneos Wealth Management Inc. now owns 16,800 shares of the company’s stock worth $37,000 after acquiring an additional 6,800 shares during the period. Kestra Advisory Services LLC raised its holdings in Gold Royalty by 118.8% during the first quarter. Kestra Advisory Services LLC now owns 10,939 shares of the company’s stock worth $39,000 after purchasing an additional 5,939 shares in the last quarter. SevenBridge Financial Group LLC purchased a new position in Gold Royalty during the fourth quarter worth about $40,000. Finally, NewEdge Advisors LLC acquired a new stake in Gold Royalty in the first quarter valued at about $40,000. 33.75% of the stock is currently owned by hedge funds and other institutional investors.
About Gold Royalty
Gold Royalty Corp is a precious metals royalty and streaming company that focuses on acquiring and managing royalty interests in gold, silver and other metal assets. The company provides upfront funding to mining operators in exchange for a percentage of future metal production, offering an alternative financing model that can reduce capital requirements and accelerate development timelines for mining projects.
The firm’s diversified portfolio spans royalty and stream agreements across the Americas, with interests in operating mines, development‐stage assets and advanced exploration projects.
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