Gold Royalty Corp. (NYSE:GROY - Free Report) - Equities research analysts at HC Wainwright issued their FY2024 earnings per share (EPS) estimates for shares of Gold Royalty in a research report issued on Tuesday, November 5th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings of $0.00 per share for the year. HC Wainwright currently has a "Buy" rating and a $5.50 target price on the stock. The consensus estimate for Gold Royalty's current full-year earnings is ($0.03) per share. HC Wainwright also issued estimates for Gold Royalty's FY2025 earnings at $0.05 EPS.
Gold Royalty (NYSE:GROY - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.03. The business had revenue of $2.06 million during the quarter. Gold Royalty had a negative return on equity of 0.53% and a negative net margin of 381.76%.
Gold Royalty Price Performance
NYSE GROY traded up $0.06 during trading hours on Thursday, reaching $1.42. The company's stock had a trading volume of 687,072 shares, compared to its average volume of 912,804. The stock has a market capitalization of $240.08 million, a price-to-earnings ratio of -10.92 and a beta of 0.94. Gold Royalty has a 1-year low of $1.17 and a 1-year high of $2.21. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a 50-day moving average price of $1.37.
Hedge Funds Weigh In On Gold Royalty
A number of large investors have recently bought and sold shares of GROY. Oxbow Advisors LLC purchased a new stake in Gold Royalty during the 3rd quarter worth approximately $49,000. Bayshore Asset Management LLC purchased a new stake in shares of Gold Royalty in the third quarter valued at approximately $61,000. AlphaQ Advisors LLC lifted its holdings in Gold Royalty by 62.2% in the second quarter. AlphaQ Advisors LLC now owns 84,260 shares of the company's stock valued at $119,000 after acquiring an additional 32,315 shares during the last quarter. Regal Partners Ltd lifted its holdings in Gold Royalty by 101.9% in the second quarter. Regal Partners Ltd now owns 83,017 shares of the company's stock valued at $120,000 after acquiring an additional 41,899 shares during the last quarter. Finally, DiNuzzo Private Wealth Inc. acquired a new position in Gold Royalty in the third quarter valued at approximately $132,000. Institutional investors and hedge funds own 33.75% of the company's stock.
About Gold Royalty
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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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