Gold Royalty Corp. to Post FY2024 Earnings of ($0.02) Per Share, HC Wainwright Forecasts (NYSEAMERICAN:GROY)

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Gold Royalty Corp. (NYSEAMERICAN:GROY - Free Report) - Investment analysts at HC Wainwright issued their FY2024 earnings per share estimates for Gold Royalty in a report released on Tuesday, April 23rd. HC Wainwright analyst H. Ihle anticipates that the company will earn ($0.02) per share for the year. HC Wainwright has a "Buy" rating and a $5.75 price target on the stock. The consensus estimate for Gold Royalty's current full-year earnings is $0.01 per share.

Gold Royalty (NYSEAMERICAN:GROY - Get Free Report) last released its earnings results on Wednesday, March 27th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.03. Gold Royalty had a negative return on equity of 0.75% and a negative net margin of 877.82%. The company had revenue of $1.02 million for the quarter.

Gold Royalty Trading Up 0.5 %

Shares of NYSEAMERICAN GROY traded up $0.01 during mid-day trading on Wednesday, hitting $2.00. The company had a trading volume of 440,337 shares, compared to its average volume of 610,446. The company has a market cap of $291.44 million, a price-to-earnings ratio of -11.11 and a beta of 1.19. Gold Royalty has a 12 month low of $1.18 and a 12 month high of $2.37. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.06.


Institutional Trading of Gold Royalty

Large investors have recently added to or reduced their stakes in the business. Commonwealth Equity Services LLC increased its position in Gold Royalty by 15.7% in the 3rd quarter. Commonwealth Equity Services LLC now owns 64,039 shares of the company's stock valued at $82,000 after acquiring an additional 8,697 shares during the period. Stratos Wealth Partners LTD. acquired a new stake in Gold Royalty in the 3rd quarter valued at approximately $27,000. Rathbones Group PLC acquired a new stake in Gold Royalty in the 3rd quarter valued at approximately $67,000. Gunderson Capital Management Inc. increased its position in Gold Royalty by 85.7% in the 4th quarter. Gunderson Capital Management Inc. now owns 33,589 shares of the company's stock valued at $49,000 after acquiring an additional 15,500 shares during the period. Finally, Austin Wealth Management LLC acquired a new position in shares of Gold Royalty during the 4th quarter valued at $44,000. 33.75% of the stock is currently owned by institutional investors and hedge funds.

About Gold Royalty

(Get Free Report)

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 attractive returns for its investors.

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