FY2025 EPS Estimates for Gold Royalty Decreased by Analyst

Gold Royalty Corp. (NYSE:GROY - Free Report) - Equities research analysts at National Bank Financial cut their FY2025 earnings estimates for Gold Royalty in a note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now anticipates that the company will post earnings of ($0.02) per share for the year, down from their prior forecast of ($0.01). The consensus estimate for Gold Royalty's current full-year earnings is ($0.01) per share.

A number of other analysts have also recently weighed in on the company. HC Wainwright lifted their price target on Gold Royalty from $5.50 to $5.75 and gave the stock a "buy" rating in a report on Wednesday, February 5th. Scotiabank decreased their target price on Gold Royalty from $2.50 to $2.25 and set a "sector outperform" rating for the company in a research note on Monday, November 25th.

Gold Royalty Stock Down 4.8 %

Shares of GROY traded down $0.07 during midday trading on Thursday, reaching $1.40. The stock had a trading volume of 892,780 shares, compared to its average volume of 865,184. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.63 and a quick ratio of 1.63. The company's fifty day simple moving average is $1.27 and its two-hundred day simple moving average is $1.32. The company has a market cap of $236.70 million, a price-to-earnings ratio of -10.77 and a beta of 0.89. Gold Royalty has a 1-year low of $1.16 and a 1-year high of $2.21.

Institutional Trading of Gold Royalty

A number of large investors have recently made changes to their positions in GROY. Van ECK Associates Corp lifted its stake in Gold Royalty by 1.4% in the third quarter. Van ECK Associates Corp now owns 6,753,002 shares of the company's stock valued at $10,062,000 after buying an additional 90,323 shares during the last quarter. Bank of Montreal Can boosted its stake in Gold Royalty by 15.4% during the 4th quarter. Bank of Montreal Can now owns 3,591,397 shares of the company's stock worth $4,346,000 after purchasing an additional 478,665 shares during the period. GSA Capital Partners LLP grew its position in Gold Royalty by 39.2% during the 3rd quarter. GSA Capital Partners LLP now owns 779,331 shares of the company's stock worth $1,060,000 after purchasing an additional 219,351 shares during the last quarter. Zazove Associates LLC grew its position in Gold Royalty by 83.0% during the 4th quarter. Zazove Associates LLC now owns 441,000 shares of the company's stock worth $534,000 after purchasing an additional 200,000 shares during the last quarter. Finally, Sprott Inc. increased its stake in Gold Royalty by 227.5% in the fourth quarter. Sprott Inc. now owns 363,841 shares of the company's stock valued at $440,000 after purchasing an additional 252,735 shares during the period. 33.75% of the stock is owned by institutional investors and hedge funds.

About Gold Royalty

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.