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

Key Points

• Tudor Investment Corp. purchased a new position of 458,267 shares of Gold Royalty (GROY) in Q3, valued at about $1.77 million and representing roughly 0.27% of the company.
• Analyst sentiment is positive with six Buys and two Holds, a consensus rating of "Moderate Buy" and a consensus target price of $5.64.
• Gold Royalty shares opened at $3.32, the company has a market cap of $766.2M and a 52-week range of $1.23–$5.45, while institutional investors own about 33.75% of the stock.

Tudor Investment Corp ET AL purchased a new position in shares of Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 458,267 shares of the company's stock, valued at approximately $1,769,000. Tudor Investment Corp ET AL owned approximately 0.27% of Gold Royalty at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in GROY. Pacifica Partners Inc. purchased a new stake in Gold Royalty in the third quarter worth about $32,000. Geneos Wealth Management Inc. increased its position in Gold Royalty by 68.0% during 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. Walleye Capital LLC purchased a new position in Gold Royalty during the 2nd quarter valued at about $44,000. Raymond James Financial Inc. raised its holdings in shares of Gold Royalty by 1,190.4% in the 3rd quarter. Raymond James Financial Inc. now owns 12,917 shares of the company's stock valued at $50,000 after purchasing an additional 11,916 shares in the last quarter. Finally, TD Waterhouse Canada Inc. bought a new stake in shares of Gold Royalty in the 3rd quarter valued at about $54,000. Hedge funds and other institutional investors own 33.75% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Maxim Group set a $7.00 price objective on shares of Gold Royalty in a research note on Friday, January 23rd. National Bank Financial reissued an "outperform" rating and issued a $5.50 price objective on shares of Gold Royalty in a research note on Wednesday, December 10th. HC Wainwright lowered their target price on Gold Royalty from $7.00 to $6.75 and set a "buy" rating for the company in a report on Friday, March 20th. Scotiabank increased their target price on Gold Royalty from $5.00 to $6.00 and gave the company an "outperform" rating in a research report on Monday, January 26th. Finally, BMO Capital Markets reiterated an "outperform" rating and issued a $4.75 price target on shares of Gold Royalty in a report on Tuesday, December 9th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $5.64.

Gold Royalty Stock Up 4.4%

Shares of Gold Royalty stock opened at $3.32 on Friday. The company has a market cap of $766.22 million, a P/E ratio of -166.00 and a beta of 0.97. The firm's 50 day moving average price is $4.26 and its 200-day moving average price is $4.03. Gold Royalty Corp. has a 52-week low of $1.23 and a 52-week high of $5.45.

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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