Gold Royalty Corp. (NYSE:GROY – Free Report) – National Bank Financial lowered their FY2025 earnings per share estimates for shares of Gold Royalty in a research report issued on Monday, February 10th. National Bank Financial analyst S. Nagle now forecasts that the company will earn ($0.02) per share for the year, down from their prior estimate of ($0.01). The consensus estimate for Gold Royalty’s current full-year earnings is ($0.01) per share.
GROY has been the subject of a number of other reports. HC Wainwright lifted their price objective on Gold Royalty from $5.50 to $5.75 and gave the company a “buy” rating in a report on Wednesday, February 5th. Scotiabank reduced their price target on shares of Gold Royalty from $2.50 to $2.25 and set a “sector outperform” rating on the stock in a research report on Monday, November 25th.
Gold Royalty Price Performance
Shares of GROY stock opened at $1.40 on Thursday. The stock’s fifty day simple moving average is $1.27 and its 200 day simple moving average is $1.32. Gold Royalty has a one year low of $1.16 and a one year high of $2.21. The firm has a market cap of $236.70 million, a price-to-earnings ratio of -10.77 and a beta of 0.89. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.63 and a quick ratio of 1.63.
Institutional Trading of Gold Royalty
Hedge funds and other institutional investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC grew its holdings in Gold Royalty by 20.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 125,910 shares of the company’s stock worth $152,000 after acquiring an additional 21,717 shares during the last quarter. Verition Fund Management LLC acquired a new position in shares of Gold Royalty during the third quarter worth approximately $32,000. SageView Advisory Group LLC bought a new stake in shares of Gold Royalty during the third quarter valued at approximately $34,000. Marshall Wace LLP grew its stake in shares of Gold Royalty by 43.7% during the fourth quarter. Marshall Wace LLP now owns 100,963 shares of the company’s stock valued at $122,000 after purchasing an additional 30,710 shares during the last quarter. Finally, Oxbow Advisors LLC acquired a new stake in shares of Gold Royalty in the third quarter valued at approximately $49,000. 33.75% of the stock is currently 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.
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