Tudor Investment Corp ET AL Acquires Shares of 458,267 Gold Royalty Corp. $GROY

Key Points

• Tudor Investment Corp ET AL acquired 458,267 shares of Gold Royalty (GROY) in Q3 — about $1.77M worth and roughly 0.23% of the company — and institutional investors now own approximately 33.75% of the stock.
• Analysts have a consensus rating of Moderate Buy (six Buys, two Holds) with a $5.64 consensus target; GROY opened at $3.65, has a market cap of $842.38M and a 52‑week range of $1.43–$5.45.

Tudor Investment Corp ET AL acquired a new stake in Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 458,267 shares of the company's stock, valued at approximately $1,769,000. Tudor Investment Corp ET AL owned approximately 0.23% of Gold Royalty at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Pacifica Partners Inc. bought a new position in shares of Gold Royalty in the third quarter valued at $32,000. Geneos Wealth Management Inc. lifted its stake in shares of Gold Royalty by 68.0% in the second quarter. Geneos Wealth Management Inc. now owns 16,800 shares of the company's stock valued at $37,000 after buying an additional 6,800 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Gold Royalty in the second quarter valued at $44,000. Raymond James Financial Inc. lifted its stake in shares of Gold Royalty by 1,190.4% in the third quarter. Raymond James Financial Inc. now owns 12,917 shares of the company's stock valued at $50,000 after buying an additional 11,916 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new position in shares of Gold Royalty in the third quarter valued at $54,000. 33.75% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on GROY. Scotiabank raised their price objective on shares of Gold Royalty from $5.00 to $6.00 and gave the company an "outperform" rating in a research note on Monday, January 26th. HC Wainwright dropped their price target on shares of Gold Royalty from $7.00 to $6.75 and set a "buy" rating on the stock in a research report on Friday, March 20th. Canaccord Genuity Group reissued 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 shares of Gold Royalty in a research report on Friday, January 23rd. Finally, Zacks Research lowered shares of Gold Royalty from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 24th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $5.64.

Gold Royalty Stock Performance

Shares of GROY stock opened at $3.65 on Monday. The firm has a market cap of $842.38 million, a price-to-earnings ratio of -182.50 and a beta of 1.06. Gold Royalty Corp. has a 52 week low of $1.43 and a 52 week high of $5.45. The firm's 50-day simple moving average is $4.02 and its two-hundred day simple moving average is $4.02.

Gold Royalty Profile

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.

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.