Gold Royalty Corp. (NYSE:GROY - Free Report) - Research analysts at Raymond James Financial decreased their Q3 2026 earnings per share (EPS) estimates for Gold Royalty in a research report issued on Friday, June 13th. Raymond James Financial analyst B. Macarthur now anticipates that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.01. The consensus estimate for Gold Royalty's current full-year earnings is ($0.01) per share.
Several other equities research analysts have also recently weighed in on the stock. Scotiabank set a $2.50 price objective on shares of Gold Royalty and gave the stock an "outperform" rating in a research report on Friday, June 13th. Canaccord Genuity Group started coverage on shares of Gold Royalty in a research report on Wednesday, June 11th. They issued a "buy" rating and a $3.00 target price for the company. Finally, HC Wainwright reiterated a "buy" rating and set a $5.75 price target on shares of Gold Royalty in a research report on Friday, June 13th.
Check Out Our Latest Research Report on GROY
Gold Royalty Price Performance
Shares of NYSE:GROY traded down $0.01 during trading on Monday, reaching $2.21. 1,130,305 shares of the company traded hands, compared to its average volume of 1,207,332. The firm has a market capitalization of $376.74 million, a PE ratio of -17.00 and a beta of 0.88. Gold Royalty has a 52 week low of $1.16 and a 52 week high of $2.35. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.09. The company's 50 day moving average is $1.74 and its two-hundred day moving average is $1.47.
Hedge Funds Weigh In On Gold Royalty
A number of institutional investors have recently modified their holdings of GROY. Total Wealth Planning & Management Inc. acquired a new stake in Gold Royalty in the fourth quarter valued at about $31,000. Cubist Systematic Strategies LLC acquired a new position in Gold Royalty during the fourth quarter worth about $46,000. Two Sigma Securities LLC bought a new position in shares of Gold Royalty in the fourth quarter worth about $51,000. Focus Partners Advisor Solutions LLC acquired a new stake in shares of Gold Royalty in the 4th quarter valued at approximately $54,000. Finally, Pacific Point Advisors LLC acquired a new stake in shares of Gold Royalty in the 4th quarter valued at approximately $71,000. Institutional investors and hedge funds own 33.75% of the company's stock.
Gold Royalty Company Profile
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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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