FY2027 EPS Estimates for Gold Royalty Lowered by Scotiabank

Key Points

• Scotiabank reduced its FY2027 EPS estimate for Gold Royalty to $0.14 (from $0.15) while retaining an Outperform rating and a $6.00 price target; the consensus for the current full year remains a loss of ($0.03) per share.
• Analyst coverage is broadly positive (six Buy, two Hold) with an average target of $5.64, which is notably above the stock's recent open of $3.65 and its 52‑week range of $1.43–$5.45, implying potential upside.
• Institutional investors have been accumulating shares—Goldman Sachs and JPMorgan materially increased positions—and institutions now own about 33.75% of the company.

Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report) - Scotiabank reduced their FY2027 earnings estimates for Gold Royalty in a research report issued to clients and investors on Friday, April 10th. Scotiabank analyst E. Winmill now expects that the company will earn $0.14 per share for the year, down from their previous forecast of $0.15. Scotiabank has a "Outperform" rating and a $6.00 price target on the stock. The consensus estimate for Gold Royalty's current full-year earnings is ($0.03) per share.

GROY has been the topic of several other research reports. Canaccord Genuity Group restated a "hold" rating and issued a $5.00 price target (up from $4.50) on shares of Gold Royalty in a research note on Thursday, January 22nd. 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 note on Friday, March 20th. Zacks Research lowered shares of Gold Royalty from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 24th. Finally, Maxim Group set a $7.00 price target on shares of Gold Royalty in a research note on Friday, January 23rd. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $5.64.

Gold Royalty Price Performance

GROY 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 has a fifty-two week low of $1.43 and a fifty-two week high of $5.45. The company's 50-day moving average price is $4.02 and its 200 day moving average price is $4.02.

Institutional Investors Weigh In On Gold Royalty

Several large investors have recently made changes to their positions in GROY. Amundi acquired a new stake in shares of Gold Royalty in the first quarter valued at approximately $695,000. Goldman Sachs Group Inc. boosted its holdings in shares of Gold Royalty by 140.7% in the first quarter. Goldman Sachs Group Inc. now owns 99,504 shares of the company's stock valued at $143,000 after acquiring an additional 58,172 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Gold Royalty by 1,918.6% in the second quarter. JPMorgan Chase & Co. now owns 1,042,141 shares of the company's stock valued at $2,303,000 after acquiring an additional 990,515 shares in the last quarter. Quantbot Technologies LP bought a new position in shares of Gold Royalty in the second quarter valued at approximately $406,000. Finally, Walleye Capital LLC bought a new position in shares of Gold Royalty in the second quarter valued at approximately $44,000. Institutional investors and hedge funds own 33.75% of the company's stock.

Gold Royalty Company 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.

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