Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report) - Scotiabank decreased their FY2026 earnings per share estimates for shares of Gold Royalty in a research note issued to investors on Wednesday, August 19th. Scotiabank analyst E. Winmill now expects that the company will earn $0.06 per share for the year, down from their prior estimate of $0.07. Scotiabank has a "Sector Outperform" rating and a $5.75 price target on the stock. The consensus estimate for Gold Royalty's current full-year earnings is $0.05 per share.
Several other research analysts also recently weighed in on the stock. Canaccord Genuity Group upgraded shares of Gold Royalty from a "hold" rating to a "buy" rating and set a $5.00 price target for the company in a research report on Wednesday, April 29th. HC Wainwright reduced their target price on Gold Royalty from $7.75 to $7.00 and set a "buy" rating for the company in a report on Thursday, August 6th. Seven investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $5.64.
Check Out Our Latest Research Report on GROY
Gold Royalty Stock Performance
Gold Royalty stock opened at $3.39 on Friday. The stock has a market capitalization of $782.45 million, a P/E ratio of 339.34 and a beta of 0.94. The company's fifty day moving average price is $2.80 and its 200 day moving average price is $3.40. Gold Royalty has a 1 year low of $2.45 and a 1 year high of $5.45.
Gold Royalty (NYSEAMERICAN:GROY - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. The company had revenue of $7.93 million for the quarter, compared to analyst estimates of $8.34 million. Gold Royalty had a return on equity of 0.68% and a net margin of 6.65%.
Institutional Trading of Gold Royalty
Large investors have recently bought and sold shares of the business. Simcoe Capital LLC acquired a new stake in shares of Gold Royalty in the 4th quarter worth $3,062,000. Groupe la Francaise raised its holdings in shares of Gold Royalty by 88.9% during the 1st quarter. Groupe la Francaise now owns 1,700,000 shares of the company's stock worth $6,067,000 after acquiring an additional 800,000 shares during the period. Amundi boosted its position in shares of Gold Royalty by 20.0% during the 1st quarter. Amundi now owns 3,000,000 shares of the company's stock valued at $10,740,000 after acquiring an additional 500,000 shares during the last quarter. Renaissance Technologies LLC grew its holdings in shares of Gold Royalty by 560.4% in the first quarter. Renaissance Technologies LLC now owns 2,016,825 shares of the company's stock valued at $7,220,000 after purchasing an additional 1,711,425 shares during the period. Finally, Extract Advisors LLC purchased a new stake in shares of Gold Royalty in the first quarter valued at about $4,827,000. Hedge funds and other institutional investors own 33.75% of the company's stock.
Gold Royalty Company Profile
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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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