GSA Capital Partners LLP Acquires 219,351 Shares of Gold Royalty Corp. (NYSE:GROY)

GSA Capital Partners LLP lifted its holdings in Gold Royalty Corp. (NYSE:GROY) by 39.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 779,331 shares of the company’s stock after buying an additional 219,351 shares during the period. GSA Capital Partners LLP’s holdings in Gold Royalty were worth $1,060,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Oxbow Advisors LLC bought a new position in shares of Gold Royalty in the 3rd quarter worth approximately $49,000. Bayshore Asset Management LLC bought a new position in shares of Gold Royalty in the 3rd quarter worth approximately $61,000. AlphaQ Advisors LLC lifted its stake in shares of Gold Royalty by 62.2% in the 2nd quarter. AlphaQ Advisors LLC now owns 84,260 shares of the company’s stock worth $119,000 after purchasing an additional 32,315 shares during the period. Regal Partners Ltd lifted its stake in shares of Gold Royalty by 101.9% in the 2nd quarter. Regal Partners Ltd now owns 83,017 shares of the company’s stock worth $120,000 after purchasing an additional 41,899 shares during the period. Finally, DiNuzzo Private Wealth Inc. bought a new position in shares of Gold Royalty in the 3rd quarter worth approximately $132,000. Institutional investors own 33.75% of the company’s stock.

Analysts Set New Price Targets

Separately, HC Wainwright lowered their price objective on shares of Gold Royalty from $5.75 to $5.50 and set a “buy” rating on the stock in a research note on Tuesday, November 5th.

Gold Royalty Trading Down 1.2 %

NYSE GROY opened at $1.29 on Friday. Gold Royalty Corp. has a 12 month low of $1.17 and a 12 month high of $2.21. The company has a market cap of $217.26 million, a PE ratio of -9.88 and a beta of 0.94. The business’s 50 day moving average price is $1.38. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.63 and a current ratio of 1.63.

Gold Royalty (NYSE:GROY) last released its earnings results on Monday, November 4th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.03. Gold Royalty had a negative net margin of 252.16% and a positive return on equity of 0.46%. The company had revenue of $2.06 million for the quarter. Sell-side analysts forecast that Gold Royalty Corp. will post -0.01 EPS for the current year.

Gold Royalty 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.