FY2025 EPS Estimates for Gold Royalty Cut by Analyst

Gold Royalty Corp. (NYSE:GROY - Free Report) - Equities researchers at National Bank Financial lowered their FY2025 EPS estimates for Gold Royalty in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now expects that the company will earn ($0.03) per share for the year, down from their previous estimate of ($0.02). The consensus estimate for Gold Royalty's current full-year earnings is ($0.01) per share.

GROY has been the subject of several other reports. Canaccord Genuity Group assumed coverage on shares of Gold Royalty in a research report on Wednesday, June 11th. They set a "buy" rating and a $3.00 price objective for the company. National Bankshares reiterated an "outperform" rating on shares of Gold Royalty in a research note on Wednesday. HC Wainwright reaffirmed a "buy" rating and issued a $5.75 price target on shares of Gold Royalty in a report on Friday, June 13th. Finally, Scotiabank set a $2.50 price objective on shares of Gold Royalty and gave the company an "outperform" rating in a research report on Friday, June 13th.

Gold Royalty Price Performance

GROY stock traded up $0.03 during mid-day trading on Friday, reaching $2.45. The company's stock had a trading volume of 147,620 shares, compared to its average volume of 1,244,960. The stock has a market cap of $416.80 million, a PE ratio of -18.81 and a beta of 0.94. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.09. Gold Royalty has a fifty-two week low of $1.16 and a fifty-two week high of $2.52. The company's 50 day moving average is $2.06 and its two-hundred day moving average is $1.63.

Institutional Investors Weigh In On Gold Royalty

Several institutional investors and hedge funds have recently made changes to their positions in GROY. Commonwealth Equity Services LLC increased its position in shares of Gold Royalty by 20.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 125,910 shares of the company's stock worth $152,000 after acquiring an additional 21,717 shares in the last quarter. Bank of Montreal Can raised its stake in Gold Royalty by 15.4% during the 4th quarter. Bank of Montreal Can now owns 3,591,397 shares of the company's stock valued at $4,346,000 after purchasing an additional 478,665 shares during the last quarter. Zazove Associates LLC raised its stake in Gold Royalty by 83.0% during the 4th quarter. Zazove Associates LLC now owns 441,000 shares of the company's stock valued at $534,000 after purchasing an additional 200,000 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Gold Royalty by 43.7% in the 4th quarter. Marshall Wace LLP now owns 100,963 shares of the company's stock valued at $122,000 after buying an additional 30,710 shares in the last quarter. Finally, Two Sigma Securities LLC acquired a new position in shares of Gold Royalty in the 4th quarter valued at $51,000. 33.75% of the stock is owned by institutional investors and hedge funds.

Gold Royalty Company Profile

Gold Royalty Corp., a precious metals-focused royalty company, provides financing solutions to the metals and mining industry. It focuses on acquiring royalties, streams, and similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium, and longer-term returns for its investors.

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