Bank of America Corp DE trimmed its position in Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report) by 71.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 336,938 shares of the company's stock after selling 837,554 shares during the period. Bank of America Corp DE owned approximately 0.15% of Gold Royalty worth $1,206,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in GROY. Caitong International Asset Management Co. Ltd grew its position 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 valued at $29,000 after acquiring an additional 7,276 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Gold Royalty by 68.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 16,800 shares of the company's stock valued at $37,000 after purchasing an additional 6,800 shares during the period. Kestra Advisory Services LLC lifted its stake in Gold Royalty by 118.8% in the 1st quarter. Kestra Advisory Services LLC now owns 10,939 shares of the company's stock valued at $39,000 after purchasing an additional 5,939 shares during the last quarter. Aptus Capital Advisors LLC acquired a new stake in Gold Royalty in the 4th quarter valued at about $40,000. Finally, Leigh Baldwin & CO. LLC bought a new position in Gold Royalty during the fourth quarter worth about $41,000. 33.75% of the stock is currently owned by institutional investors and hedge funds.
Gold Royalty Stock Down 2.3%
NYSEAMERICAN GROY opened at $3.35 on Friday. Gold Royalty Corp. has a 52 week low of $2.45 and a 52 week high of $5.45. The business has a 50 day moving average price of $2.92 and a 200-day moving average price of $3.33. The company has a market cap of $773.21 million, a price-to-earnings ratio of 335.34 and a beta of 0.99.
Gold Royalty (NYSEAMERICAN:GROY - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.01. Gold Royalty had a return on equity of 0.68% and a net margin of 6.65%.The company had revenue of $7.93 million for the quarter, compared to analysts' expectations of $8.34 million. On average, equities research analysts anticipate that Gold Royalty Corp. will post 0.05 earnings per share for the current year.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on GROY shares. HC Wainwright lowered their target price on Gold Royalty from $7.75 to $7.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Scotiabank dropped their price target on shares of Gold Royalty from $6.00 to $5.75 and set an "outperform" rating for the company in a research report on Tuesday, July 14th. Seven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $5.64.
View Our Latest Research Report on GROY
About Gold Royalty
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding GROY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Gold Royalty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gold Royalty wasn't on the list.
While Gold Royalty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we’ll send you MarketBeat’s list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
