Gold Royalty FY2025 EPS Reduced by National Bank Financial

Gold Royalty Corp. (NYSE:GROY) – Investment analysts at National Bank Financial dropped their FY2025 EPS estimates for shares of Gold Royalty in a research note issued to investors on Monday, February 10th. National Bank Financial analyst S. Nagle now expects that the company will earn ($0.02) per share for the year, down from their previous estimate of ($0.01). The consensus estimate for Gold Royalty’s current full-year earnings is ($0.01) per share.

A number of other research analysts have also recently weighed in on the stock. HC Wainwright lifted their target price on shares of Gold Royalty from $5.50 to $5.75 and gave the company a “buy” rating in a research note on Wednesday, February 5th. Scotiabank lowered their price objective on 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 Stock Performance

GROY opened at $1.47 on Thursday. The company has a 50 day simple moving average of $1.26 and a two-hundred day simple moving average of $1.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a market cap of $248.53 million, a P/E ratio of 149.00 and a beta of 0.89. Gold Royalty has a 1-year low of $1.16 and a 1-year high of $2.21.

Hedge Funds Weigh In On Gold Royalty

Several hedge funds have recently modified their holdings of the stock. Commonwealth Equity Services LLC increased its holdings in Gold Royalty by 20.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 125,910 shares of the company’s stock valued at $152,000 after acquiring an additional 21,717 shares during the last quarter. Verition Fund Management LLC purchased a new stake in Gold Royalty during the third quarter valued at $32,000. SageView Advisory Group LLC bought a new position in Gold Royalty during the third quarter valued at $34,000. Oxbow Advisors LLC bought a new stake in shares of Gold Royalty in the 3rd quarter worth about $49,000. Finally, Bayshore Asset Management LLC bought a new position in shares of Gold Royalty in the 3rd quarter valued at about $61,000. Hedge funds and other institutional investors own 33.75% of the company’s stock.

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.