HC Wainwright Weighs in on Gold Royalty FY2025 Earnings

Gold Royalty Corp. (NYSE:GROY) – Equities researchers at HC Wainwright issued their FY2025 earnings per share (EPS) estimates for Gold Royalty in a report issued on Friday, November 7th. HC Wainwright analyst H. Ihle forecasts that the company will post earnings of ($0.01) per share for the year. HC Wainwright currently has a “Buy” rating and a $6.25 target price on the stock. The consensus estimate for Gold Royalty’s current full-year earnings is ($0.01) per share.

A number of other research firms have also issued reports on GROY. Maxim Group began coverage on shares of Gold Royalty in a report on Thursday, September 11th. They set a “buy” rating and a $6.00 target price for the company. Zacks Research upgraded shares of Gold Royalty from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 30th. National Bankshares reiterated an “outperform” rating on shares of Gold Royalty in a report on Wednesday, July 16th. Raymond James Financial set a $4.50 target price on shares of Gold Royalty and gave the stock an “outperform” rating in a research note on Friday, October 10th. Finally, Scotiabank boosted their target price on Gold Royalty from $3.30 to $4.00 and gave the stock an “outperform” rating in a report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to data from MarketBeat.com, Gold Royalty has an average rating of “Buy” and an average price target of $4.75.

Gold Royalty Stock Up 3.5%

NYSE GROY opened at $3.28 on Monday. The business has a fifty day moving average price of $3.69 and a 200 day moving average price of $2.78. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.63 and a current ratio of 1.63. The company has a market cap of $559.14 million, a P/E ratio of -25.23 and a beta of 0.99. Gold Royalty has a one year low of $1.16 and a one year high of $4.15.

Institutional Trading of Gold Royalty

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Amundi lifted its holdings in Gold Royalty by 300.0% in the second quarter. Amundi now owns 2,000,000 shares of the company’s stock valued at $4,520,000 after acquiring an additional 1,500,000 shares during the last quarter. JPMorgan Chase & Co. raised its position in Gold Royalty by 1,918.6% in the second quarter. JPMorgan Chase & Co. now owns 1,042,141 shares of the company’s stock valued at $2,303,000 after purchasing an additional 990,515 shares during the period. Groupe la Francaise lifted its stake in shares of Gold Royalty by 594.7% in the 2nd quarter. Groupe la Francaise now owns 600,000 shares of the company’s stock valued at $1,320,000 after purchasing an additional 513,636 shares during the last quarter. XTX Topco Ltd grew its holdings in shares of Gold Royalty by 496.9% during the 2nd quarter. XTX Topco Ltd now owns 377,394 shares of the company’s stock worth $834,000 after purchasing an additional 314,170 shares during the period. Finally, Zazove Associates LLC grew its holdings in shares of Gold Royalty by 42.8% during the 1st quarter. Zazove Associates LLC now owns 629,758 shares of the company’s stock worth $907,000 after purchasing an additional 188,758 shares during the period. Institutional investors and hedge funds own 33.75% of the company’s stock.

Gold Royalty Company Profile

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.