FY2027 EPS Estimates for Gold Royalty Reduced by Scotiabank

Gold Royalty Corp. (NYSEAMERICAN:GROY) – Research analysts at Scotiabank decreased their FY2027 earnings estimates for Gold Royalty in a research report issued on Wednesday, April 1st. Scotiabank analyst E. Winmill now forecasts that the company will post earnings of $0.15 per share for the year, down from their prior forecast of $0.16. Scotiabank currently has a “Outperform” rating and a $6.00 target price on the stock. The consensus estimate for Gold Royalty’s current full-year earnings is ($0.03) per share.

Several other research analysts have also recently issued reports on the company. Canaccord Genuity Group restated a “hold” rating and issued a $5.00 price objective (up from $4.50) on shares of Gold Royalty in a research note on Thursday, January 22nd. Maxim Group set a $7.00 target price on Gold Royalty in a research report on Friday, January 23rd. BMO Capital Markets reiterated an “outperform” rating and issued a $4.75 price target on shares of Gold Royalty in a report on Tuesday, December 9th. National Bank Financial reissued an “outperform” rating and set a $5.50 price target on shares of Gold Royalty in a research report on Wednesday, December 10th. Finally, Zacks Research cut shares of Gold Royalty from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Gold Royalty currently has a consensus rating of “Moderate Buy” and an average target price of $5.64.

Gold Royalty Stock Performance

Shares of GROY opened at $3.68 on Thursday. The stock has a 50-day moving average of $4.14 and a two-hundred day moving average of $4.02. The stock has a market cap of $849.31 million, a P/E ratio of -184.00 and a beta of 1.06. Gold Royalty has a one year low of $1.23 and a one year high of $5.45.

Institutional Trading of Gold Royalty

A number of institutional investors and hedge funds have recently modified their holdings of GROY. Caitong International Asset Management Co. Ltd grew its holdings in Gold Royalty by 363,800.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 7,278 shares of the company’s stock valued at $29,000 after buying an additional 7,276 shares in the last quarter. Pacifica Partners Inc. acquired a new position in shares of Gold Royalty during the 3rd quarter valued at about $32,000. Geneos Wealth Management Inc. increased its position in Gold Royalty by 68.0% during the second quarter. Geneos Wealth Management Inc. now owns 16,800 shares of the company’s stock worth $37,000 after purchasing an additional 6,800 shares during the last quarter. SevenBridge Financial Group LLC purchased a new position in Gold Royalty during the fourth quarter worth about $40,000. Finally, Aptus Capital Advisors LLC purchased a new position in Gold Royalty during the fourth quarter worth about $40,000. Hedge funds and other institutional investors own 33.75% of the company’s stock.

Gold Royalty Company Profile

Gold Royalty Corp is a precious metals royalty and streaming company that focuses on acquiring and managing royalty interests in gold, silver and other metal assets. The company provides upfront funding to mining operators in exchange for a percentage of future metal production, offering an alternative financing model that can reduce capital requirements and accelerate development timelines for mining projects.

The firm’s diversified portfolio spans royalty and stream agreements across the Americas, with interests in operating mines, development‐stage assets and advanced exploration projects.