FY2026 EPS Estimates for Gold Royalty Lowered by Scotiabank

Gold Royalty Corp. (NYSEAMERICAN:GROY) – Investment analysts at Scotiabank dropped their FY2026 earnings estimates for shares of Gold Royalty in a research note issued to investors on Wednesday, April 1st. Scotiabank analyst E. Winmill now anticipates that the company will post earnings per share of $0.09 for the year, down from their previous forecast of $0.11. Scotiabank currently has a “Outperform” rating and a $6.00 price target on the stock. The consensus estimate for Gold Royalty’s current full-year earnings is ($0.03) per share.

GROY has been the topic of a number of other reports. Zacks Research lowered shares of Gold Royalty from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Canaccord Genuity Group reaffirmed a “hold” rating and set a $5.00 price target (up from $4.50) on shares of Gold Royalty in a research report on Thursday, January 22nd. Maxim Group set a $7.00 price target on Gold Royalty in a research note on Friday, January 23rd. BMO Capital Markets restated an “outperform” rating and issued a $4.75 price objective on shares of Gold Royalty in a research note on Tuesday, December 9th. Finally, HC Wainwright decreased their price objective on shares of Gold Royalty from $7.00 to $6.75 and set a “buy” rating for the company in a research note on Friday, March 20th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Gold Royalty has an average rating of “Moderate Buy” and an average price target of $5.64.

Gold Royalty Trading Down 1.1%

Shares of Gold Royalty stock opened at $3.68 on Friday. The firm’s 50 day simple moving average is $4.14 and its two-hundred day simple moving average is $4.02. The firm has a market capitalization of $849.31 million, a price-to-earnings ratio of -184.00 and a beta of 1.06. Gold Royalty has a 12-month low of $1.23 and a 12-month high of $5.45.

Institutional Trading of Gold Royalty

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Amundi acquired a new position in Gold Royalty in the first quarter valued at about $695,000. Goldman Sachs Group Inc. raised its stake in shares of Gold Royalty by 140.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 99,504 shares of the company’s stock valued at $143,000 after acquiring an additional 58,172 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Gold Royalty by 1,918.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,042,141 shares of the company’s stock valued at $2,303,000 after acquiring an additional 990,515 shares during the period. OMERS ADMINISTRATION Corp acquired a new position in shares of Gold Royalty in the 2nd quarter worth approximately $67,000. Finally, Quantbot Technologies LP purchased a new position in shares of Gold Royalty during the 2nd quarter worth approximately $406,000. 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.