
Gold Royalty Corp. (NYSEAMERICAN:GROY – Free Report) – Analysts at HC Wainwright boosted their FY2026 earnings per share (EPS) estimates for Gold Royalty in a research note issued on Thursday, November 5th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.05 per share for the year, up from their prior forecast of $0.04. HC Wainwright currently has a “Buy” rating and a $7.00 price target on the stock. The consensus estimate for Gold Royalty’s current full-year earnings is $0.05 per share. HC Wainwright also issued estimates for Gold Royalty’s FY2027 earnings at $0.05 EPS.
A number of other analysts have also recently commented on the company. TD set a $4.00 price target on Gold Royalty and gave the company a “buy” rating in a research note on Thursday, October 8th. Scotiabank reduced their price objective on shares of Gold Royalty from $6.00 to $5.75 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. Finally, TD Securities began coverage on shares of Gold Royalty in a report on Thursday, October 8th. They set a “buy” rating and a $4.00 price objective for the company. Seven analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $5.38.
Gold Royalty Trading Up 7.6%
Gold Royalty stock opened at $3.11 on Friday. The firm has a market capitalization of $717.82 million, a P/E ratio of 77.77 and a beta of 1.15. Gold Royalty has a 1 year low of $2.45 and a 1 year high of $5.45. The business has a 50-day moving average of $3.08 and a 200-day moving average of $3.38.
Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.02 EPS for the quarter, meeting analysts’ consensus estimates of $0.02. Gold Royalty had a return on equity of 1.25% and a net margin of 22.58%. The business had revenue of $10.25 million during the quarter, compared to the consensus estimate of $10.25 million.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in the stock. CenterBook Partners LP boosted its holdings in Gold Royalty by 87.6% during the third quarter. CenterBook Partners LP now owns 1,003,355 shares of the company’s stock worth $3,010,000 after purchasing an additional 468,543 shares during the last quarter. Commonwealth Equity Services LLC bought a new position in Gold Royalty in the third quarter valued at $41,000. U S Global Investors Inc. bought a new position in Gold Royalty in the third quarter valued at $5,125,000. TD Waterhouse Canada Inc. grew its position in Gold Royalty by 147.0% in the third quarter. TD Waterhouse Canada Inc. now owns 20,380 shares of the company’s stock valued at $61,000 after purchasing an additional 12,128 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new stake in Gold Royalty in the 2nd quarter valued at $136,000. Institutional investors and hedge funds own 33.75% of the company’s stock.
About Gold Royalty
Gold Royalty Corp. is a precious-metals royalty and streaming company focused primarily on gold. Rather than operating mines directly, the company provides capital to mining companies in exchange for royalty interests, streams and other contractual rights tied to future production or revenue from mineral projects.
Gold Royalty’s portfolio includes interests in exploration, development and producing properties, with exposure concentrated in the Americas. Its assets span mining jurisdictions including Canada, the United States, Mexico and other countries in Latin America.
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