Should I buy or sell Gold Royalty stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gold Royalty in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GROY shares. View GROY analyst ratings or view top-rated stocks .

What is Gold Royalty's stock price target for 2024?

6 brokerages have issued twelve-month target prices for Gold Royalty's stock. Their GROY share price targets range from $2.60 to $5.50. On average, they expect the company's stock price to reach $3.28 in the next twelve months. This suggests a possible upside of 71.5% from the stock's current price. View analysts price targets for GROY or view top-rated stocks among Wall Street analysts .

How have GROY shares performed in 2024?

Gold Royalty's stock was trading at $1.33 at the beginning of the year. Since then, GROY shares have increased by 44.0% and is now trading at $1.9150. View the best growth stocks for 2024 here .

Are investors shorting Gold Royalty?

Gold Royalty saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,080,000 shares, an increase of 8.3% from the February 29th total of 1,920,000 shares. Based on an average daily volume of 584,300 shares, the short-interest ratio is currently 3.6 days. Approximately 2.3% of the shares of the company are short sold. View Gold Royalty's Short Interest .

How were Gold Royalty's earnings last quarter?

Gold Royalty Corp. (NYSEAMERICAN:GROY) issued its quarterly earnings data on Wednesday, March, 27th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.03. The firm earned $1.02 million during the quarter. Gold Royalty had a negative trailing twelve-month return on equity of 0.75% and a negative net margin of 877.82%.

How often does Gold Royalty pay dividends? What is the dividend yield for Gold Royalty?

Gold Royalty declared a quarterly dividend on Wednesday, May 24th. Shareholders of record on Tuesday, June 20th will be given a dividend of $0.01 per share on Friday, June 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend is Friday, June 16th. Read our dividend analysis for GROY .

Is Gold Royalty a good dividend stock?

Gold Royalty (NYSEAMERICAN:GROY) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.52%. Read our dividend analysis for GROY .

What guidance has Gold Royalty issued on next quarter's earnings?

Gold Royalty updated its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $10.0 million-$11.2 million, compared to the consensus revenue estimate of $11.7 million.

Who are Gold Royalty's major shareholders?

Gold Royalty's stock is owned by a number of institutional and retail investors. Top institutional investors include Gunderson Capital Management Inc. (0.02%).

How do I buy shares of Gold Royalty?

Shares of GROY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:GROY

Gold Royalty (GROY) Stock Price, News & Analysis

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Free GROY Stock Alerts

$1.92

-0.01 (-0.52%)

(As of 04/18/2024 ET)

Compare

Today's Range: $1.89
▼
$1.96
50-Day Range: N/A
52-Week Range: $1.18
▼
$2.37

Volume: 364,644 shs
Average Volume: 620,920 shs
Market Capitalization: $279.05 million

P/E Ratio: N/A
Dividend Yield: 0.52%
Price Target: $3.28

Stock Analysis Analyst Forecasts Chart Dividend Earnings Headlines Ownership Short Interest

Get Gold Royalty alerts:

Gold Royalty MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 71.5% Upside
$3.28 Price Target
Short Interest: Healthy
2.18% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.06 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Gold Royalty has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Gold Royalty has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
2.18% of the float of Gold Royalty has been sold short.
Short Interest Ratio / Days to Cover
Gold Royalty has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Gold Royalty has recently decreased by 2.88%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Gold Royalty has a dividend yield of 0.52%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Gold Royalty does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GROY.

0.0

News and Social Media Coverage

Search Interest
Only 4 people have searched for GROY on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 4 people have added Gold Royalty to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Gold Royalty insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 33.75% of the stock of Gold Royalty is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Gold Royalty is -10.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Gold Royalty is -10.64, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Gold Royalty has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Gold Royalty Stock (NYSEAMERICAN:GROY)

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. The company's portfolio consists of net smelter return royalties ranging from 0.5% to 2.0% on 17 gold properties. Gold Royalty Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.

GROY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GROY Stock News Headlines

April 8, 2024 | seekingalpha.com

GROY Gold Royalty Corp.

April 5, 2024 | markets.businessinsider.com

Optimistic Outlook for Gold Royalty Corp with Côté Gold Mine’s Potential and Improved Financial Performance

April 19, 2024 | InvestorPlace (Ad)

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April 1, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Gold Royalty: Strong Asset Portfolio and Market Recovery Potential

April 1, 2024 | finance.yahoo.com

Gold Royalty Corp. (AMEX:GROY) Q4 2023 Earnings Call Transcript

April 1, 2024 | finance.yahoo.com

GOLD ROYALTY PROVIDES UPDATE ON THE CÔTÉ GOLD MINE ROYALTY; FIRST GOLD POUR SUPPORTS 100% REVENUE GROWTH IN 2024

March 28, 2024 | investorplace.com

GROY Stock Earnings: Gold Royalty Beats EPS, Misses Revenue for Q1 2024

March 28, 2024 | prnewswire.com

GOLD ROYALTY REPORTS 2023 FINANCIAL AND OPERATING RESULTS AND FORECASTS APPROXIMATE 100% GROWTH IN REVENUE IN 2024 DRIVEN BY CORNERSTONE ROYALTIES ENTERING PRODUCTION

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February 29, 2024 | finance.yahoo.com

THE Mining Investment Event of the North, Quebec City - June 4-6, 2024 Announces Keynote Speaker, Pierre Fitzgibbon, Quebec Minister of Economy, Innovation and Energy

February 23, 2024 | prnewswire.com

Gold Royalty to Release 2023 Full Year Results on March 28, 2024

February 16, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Gold Royalty Corp. on Strong Growth and Financial Stability Prospects

February 15, 2024 | markets.businessinsider.com

Royal Gold: Hold Rating with Solid Performance and Strategic Forward-Looking Decisions

January 24, 2024 | markets.businessinsider.com

Gold Royalty Stock (NYSEMKT:GROY): An Alternative Approach to Gold Exposure

January 4, 2024 | seekingalpha.com

GROY.WS Gold Royalty Corp. WT EXP

December 22, 2023 | finanznachrichten.de

Gold Royalty Corp.: Gold Royalty Completes Acquisition of Québec Royalty Portfolio

December 21, 2023 | finance.yahoo.com

Gold Royalty Completes Acquisition of Québec Royalty Portfolio

December 7, 2023 | msn.com

Gold Royalty invests $31M in Brazil gold project, financed by convertible debenture

December 6, 2023 | finance.yahoo.com

Queen's Road Capital Announces US$30 Million Investment in Gold Royalty Corp.

December 5, 2023 | finance.yahoo.com

GOLD ROYALTY ANNOUNCES $31 MILLION ROYALTY AND GOLD-LINKED LOAN INVESTMENT IN AURA'S BORBOREMA PROJECT, FINANCED BY $40 MILLION STRATEGIC CONVERTIBLE DEBENTURE FINANCING WITH QUEEN'S ROAD CAPITAL AND TAURUS FUNDS MANAGEMENT

December 3, 2023 | seekingalpha.com

Gold Royalty Corp.: Exploration Success Continues At Key Royalty Assets

November 27, 2023 | msn.com

Captivision, Gold Royalty, Origin Agritech among materials movers

November 20, 2023 | finance.yahoo.com

Gold Royalty Corp. (AMEX:GROY) Q3 2023 Earnings Call Transcript

November 17, 2023 | markets.businessinsider.com

Gold Royalty Corp. Shows Financial Improvement Despite Challenges: An Analysis of Ihle’s Buy Rating and Revised Price Target

November 15, 2023 | finanznachrichten.de

Gold Royalty Corp.: Gold Royalty Reports Third Quarter 2023 Financial And Operating Results - Continued Growth Driven By Recent Acquisitions

November 14, 2023 | msn.com

Gold Royalty Non-GAAP EPS of -$0.01 in-line, revenue of $0.8M

November 14, 2023 | benzinga.com

Gold Royalty: Q4 Earnings Insights

See More Headlines

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Company Calendar

Last Earnings: 3/27/2024
Today: 4/19/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:GROY
CUSIP: N/A
CIK: N/A
Web: www.goldroyalty.com
Phone: 604-396-3066
Fax: N/A
Employees: 4
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.28
High Stock Price Target: $5.50
Low Stock Price Target: $2.60
Potential Upside/Downside: +71.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.18)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-26,760,000.00
Net Margins: -877.82%
Pretax Margin: -1,079.04%
Return on Equity: -0.75%
Return on Assets: -0.58%

Debt

Debt-to-Equity Ratio: 0.06
Current Ratio: 1.44
Quick Ratio: 1.44

Sales & Book Value

Annual Sales: $3.05 million
Price / Sales: 91.49
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.59 per share
Price / Book: 0.53

Miscellaneous

Outstanding Shares: 145,720,000
Free Float: N/A
Market Cap: $279.05 million
Optionable: Not Optionable
Beta: 1.19

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Key Executives

Mr. David A. Garofalo B.Com. (Age 59)
B.Comm, C.A., C.P.A., ICD.D, CEO, President & Chairman
Comp: $502.76k
Mr. John W. Griffith B.Com. (Age 56)
Chief Development Officer
Comp: $319.49k
Mr. Samuel Mah M.A.Sc. (Age 54)
P.Eng., Vice President of Evaluations
Comp: $274.42k
Mr. Andrew W. Gubbels
Chief Financial Officer
Mr. Ryan Hass
Manager of Operations and FP&A
Mr. Edmund Borketey
Director of Accounting
Mr. Alastair Still B.Sc. (Age 52)
M.Sc., P.Geo., Director of Technical Services
Mr. Peter Behncke
Director of Corporate Development & Investor Relations
Ms. Katherine Arblaster
Vice President of Sustainability

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

GROY Stock Analysis - Frequently Asked Questions

Should I buy or sell Gold Royalty stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gold Royalty in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" GROY shares.
View GROY analyst ratings or view top-rated stocks.
What is Gold Royalty's stock price target for 2024?: 6 brokerages have issued twelve-month target prices for Gold Royalty's stock. Their GROY share price targets range from $2.60 to $5.50. On average, they expect the company's stock price to reach $3.28 in the next twelve months. This suggests a possible upside of 71.5% from the stock's current price.
View analysts price targets for GROY or view top-rated stocks among Wall Street analysts.
How have GROY shares performed in 2024?: Gold Royalty's stock was trading at $1.33 at the beginning of the year. Since then, GROY shares have increased by 44.0% and is now trading at $1.9150.
View the best growth stocks for 2024 here.
Are investors shorting Gold Royalty?: Gold Royalty saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 2,080,000 shares, an increase of 8.3% from the February 29th total of 1,920,000 shares. Based on an average daily volume of 584,300 shares, the short-interest ratio is currently 3.6 days. Approximately 2.3% of the shares of the company are short sold.
View Gold Royalty's Short Interest.
How were Gold Royalty's earnings last quarter?: Gold Royalty Corp. (NYSEAMERICAN:GROY) issued its quarterly earnings data on Wednesday, March, 27th. The company reported $0.01 EPS for the quarter, topping analysts' consensus estimates of ($0.02) by $0.03. The firm earned $1.02 million during the quarter. Gold Royalty had a negative trailing twelve-month return on equity of 0.75% and a negative net margin of 877.82%.
How often does Gold Royalty pay dividends? What is the dividend yield for Gold Royalty?: Gold Royalty declared a quarterly dividend on Wednesday, May 24th. Shareholders of record on Tuesday, June 20th will be given a dividend of $0.01 per share on Friday, June 30th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 2.09%. The ex-dividend date of this dividend is Friday, June 16th.
Read our dividend analysis for GROY.

Is Gold Royalty a good dividend stock?: Gold Royalty (NYSEAMERICAN:GROY) pays an annual dividend of $0.01 per share and currently has a dividend yield of 0.52%.
Read our dividend analysis for GROY.
What guidance has Gold Royalty issued on next quarter's earnings?: Gold Royalty updated its FY 2024 earnings guidance on Thursday, March, 28th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $10.0 million-$11.2 million, compared to the consensus revenue estimate of $11.7 million.
Who are Gold Royalty's major shareholders?: Gold Royalty's stock is owned by a number of institutional and retail investors. Top institutional investors include Gunderson Capital Management Inc. (0.02%).
How do I buy shares of Gold Royalty?: Shares of GROY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:GROY) was last updated on 4/19/2024 by MarketBeat.com Staff

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Gold Royalty (GROY) Stock Price, News & Analysis

Gold Royalty MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Gold Royalty Stock (NYSEAMERICAN:GROY)

GROY Stock Price History

GROY Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

GROY Stock Analysis - Frequently Asked Questions

Overall MarketRank^™