HC Wainwright Comments on Gold Royalty FY2025 Earnings

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

Several other brokerages have also recently weighed in on GROY. Raymond James Financial set a $4.50 target price on Gold Royalty and gave the stock an “outperform” rating in a report on Friday, October 10th. Scotiabank lifted their price objective on Gold Royalty from $3.30 to $4.00 and gave the company an “outperform” rating in a report on Thursday, October 23rd. Zacks Research upgraded shares of Gold Royalty from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 30th. National Bankshares reissued an “outperform” rating on shares of Gold Royalty in a research report on Wednesday, July 16th. Finally, Maxim Group began coverage on shares of Gold Royalty in a research report on Thursday, September 11th. They issued a “buy” rating and a $6.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to MarketBeat, Gold Royalty currently has an average rating of “Buy” and an average target price of $4.75.

Gold Royalty Stock Up 2.1%

Shares of NYSE:GROY opened at $3.35 on Monday. The business’s 50 day moving average is $3.68 and its 200 day moving average is $2.79. The stock has a market cap of $571.07 million, a P/E ratio of -25.77 and a beta of 0.99. Gold Royalty has a 52-week low of $1.16 and a 52-week high of $4.15. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.09.

Institutional Trading of Gold Royalty

Institutional investors have recently modified their holdings of the company. XTX Topco Ltd bought a new position in shares of Gold Royalty during the 1st quarter worth approximately $91,000. Medici Capital LLC purchased a new position in Gold Royalty in the second quarter worth $252,000. Goldman Sachs Group Inc. increased its position in shares of Gold Royalty by 140.7% during the first quarter. Goldman Sachs Group Inc. now owns 99,504 shares of the company’s stock worth $143,000 after purchasing an additional 58,172 shares in the last quarter. Groupe la Francaise purchased a new stake in shares of Gold Royalty during the 1st quarter valued at $129,000. Finally, GSA Capital Partners LLP lifted its holdings in shares of Gold Royalty by 19.5% during the 1st quarter. GSA Capital Partners LLP now owns 916,940 shares of the company’s stock valued at $1,320,000 after purchasing an additional 149,406 shares during the last quarter. 33.75% of the stock is currently owned by institutional investors.

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.