FY2025 EPS Forecast for Gold Royalty Cut by Analyst

Gold Royalty Corp. (NYSE:GROY) – Research analysts at National Bank Financial reduced 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 anticipates that the company will post earnings per share of ($0.02) for the year, down from their prior estimate of ($0.01). The consensus estimate for Gold Royalty’s current full-year earnings is ($0.01) per share.

Several other equities analysts have also recently issued reports on GROY. HC Wainwright upped their price objective on Gold Royalty from $5.50 to $5.75 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Scotiabank lowered their price target on Gold Royalty from $2.50 to $2.25 and set a “sector outperform” rating on the stock in a report on Monday, November 25th.

Gold Royalty Trading Up 3.5 %

NYSE:GROY opened at $1.47 on Thursday. The stock has a market cap of $248.53 million, a price-to-earnings ratio of 149.00 and a beta of 0.89. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 0.09. The company’s 50 day moving average price is $1.26 and its 200-day moving average price is $1.32. Gold Royalty has a 52 week low of $1.16 and a 52 week high of $2.21.

Institutional Inflows and Outflows

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