FY2025 EPS Estimates for Gold Royalty Decreased by Analyst

Key Points

• HC Wainwright has lowered its FY2025 earnings estimate for Gold Royalty Corp to $0.00 per share, down from $0.01, while maintaining a "Buy" rating and a price target of $6.25.
• Several analysts have shown confidence in Gold Royalty, with Scotiabank and Canaccord Genuity Group giving target prices of $2.50 and $3.00, respectively.
• Gold Royalty's stock recently opened at $3.15, reflecting a market capitalization of $536.13 million and a debt-to-equity ratio of 0.09.

Gold Royalty Corp. (NYSE:GROY - Free Report) - Research analysts at HC Wainwright decreased their FY2025 earnings estimates for shares of Gold Royalty in a research report issued on Thursday, August 7th. HC Wainwright analyst H. Ihle now anticipates that the company will earn $0.00 per share for the year, down from their previous forecast of $0.01. HC Wainwright has a "Buy" rating and a $6.25 price objective on the stock. The consensus estimate for Gold Royalty's current full-year earnings is ($0.01) per share.

A number of other equities research analysts have also weighed in on the stock. Scotiabank set a $2.50 target price on shares of Gold Royalty and gave the stock an "outperform" rating in a report on Friday, June 13th. Canaccord Genuity Group initiated coverage on Gold Royalty in a research report on Wednesday, June 11th. They issued a "buy" rating and a $3.00 price target for the company. Finally, National Bankshares reissued an "outperform" rating on shares of Gold Royalty in a research report on Wednesday, July 16th.

Gold Royalty Stock Up 2.1%

NYSE GROY opened at $3.15 on Friday. The business has a fifty day moving average price of $2.36 and a two-hundred day moving average price of $1.78. The stock has a market capitalization of $536.13 million, a PE ratio of -24.38 and a beta of 0.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.63 and a quick ratio of 1.63. Gold Royalty has a fifty-two week low of $1.16 and a fifty-two week high of $3.26.

Institutional Trading of Gold Royalty

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cubist Systematic Strategies LLC purchased a new position in Gold Royalty during the 4th quarter valued at $46,000. Marshall Wace LLP boosted its holdings in shares of Gold Royalty by 43.7% during the 4th quarter. Marshall Wace LLP now owns 100,963 shares of the company's stock valued at $122,000 after purchasing an additional 30,710 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in Gold Royalty by 20.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 125,910 shares of the company's stock valued at $152,000 after purchasing an additional 21,717 shares during the last quarter. Regal Partners Ltd grew its holdings in Gold Royalty by 40.2% during the 4th quarter. Regal Partners Ltd now owns 196,658 shares of the company's stock valued at $238,000 after purchasing an additional 56,390 shares during the last quarter. Finally, Eschler Asset Management LLP purchased a new position in Gold Royalty in the 4th quarter worth about $76,000. Hedge funds and other institutional investors own 33.75% of the company's stock.

About Gold Royalty

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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