
Gold Royalty Corp. (NYSEAMERICAN:GROY – Free Report) – Equities research analysts at HC Wainwright upped their FY2026 earnings per share estimates for Gold Royalty in a note issued to investors on Thursday, November 5th. HC Wainwright analyst H. Ihle now forecasts that the company will earn $0.05 per share for the year, up from their previous estimate of $0.04. HC Wainwright has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for Gold Royalty’s current full-year earnings is $0.05 per share. HC Wainwright also issued estimates for Gold Royalty’s FY2027 earnings at $0.05 EPS.
Several other equities research analysts also recently commented on the company. TD set a $4.00 price objective on Gold Royalty and gave the company a “buy” rating in a report on Thursday, October 8th. TD Securities assumed coverage on shares of Gold Royalty in a research note on Thursday, October 8th. They issued a “buy” rating and a $4.00 target price for the company. Finally, Scotiabank lowered their target price on shares of 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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $5.38.
View Our Latest Report on GROY
Gold Royalty Stock Up 7.6%
NYSEAMERICAN:GROY opened at $3.11 on Friday. The firm has a market capitalization of $717.82 million, a price-to-earnings ratio of 77.77 and a beta of 1.15. Gold Royalty has a twelve month low of $2.45 and a twelve month high of $5.45. The stock’s 50 day moving average price is $3.08 and its two-hundred day moving average price is $3.38.
Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) last posted its quarterly earnings results on Wednesday, November 4th. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $10.25 million during the quarter, compared to the consensus estimate of $10.25 million. Gold Royalty had a return on equity of 1.25% and a net margin of 22.58%.
Institutional Investors Weigh In On Gold Royalty
Hedge funds have recently bought and sold shares of the company. CenterBook Partners LP grew its holdings in Gold Royalty by 87.6% during the third quarter. CenterBook Partners LP now owns 1,003,355 shares of the company’s stock worth $3,010,000 after purchasing an additional 468,543 shares during the period. Commonwealth Equity Services LLC acquired a new position in Gold Royalty during the third quarter worth approximately $41,000. U S Global Investors Inc. bought a new stake in Gold Royalty in the third quarter valued at approximately $5,125,000. TD Waterhouse Canada Inc. raised its stake in Gold Royalty by 147.0% in the third quarter. TD Waterhouse Canada Inc. now owns 20,380 shares of the company’s stock valued at $61,000 after buying an additional 12,128 shares during the period. Finally, Engineers Gate Manager LP bought a new stake in Gold Royalty in the second quarter valued at approximately $136,000. 33.75% of the stock is currently owned by institutional investors and hedge funds.
Gold Royalty Company Profile
Gold Royalty Corp. is a precious-metals royalty and streaming company focused primarily on gold. Rather than operating mines directly, the company provides capital to mining companies in exchange for royalty interests, streams and other contractual rights tied to future production or revenue from mineral projects.
Gold Royalty’s portfolio includes interests in exploration, development and producing properties, with exposure concentrated in the Americas. Its assets span mining jurisdictions including Canada, the United States, Mexico and other countries in Latin America.
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