Gold Royalty FY2026 Earnings Forecast Reduced by Scotiabank

Gold Royalty Corp. (NYSEAMERICAN:GROY) – Stock analysts at Scotiabank lowered their FY2026 earnings per share (EPS) estimates for Gold Royalty in a report issued on Wednesday, November 11th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings of $0.05 per share for the year, down from their prior estimate of $0.06. The consensus estimate for Gold Royalty’s current full-year earnings is $0.05 per share.

Other equities research analysts also recently issued reports about the company. TD set a $4.00 target price on Gold Royalty and gave the stock a “buy” rating in a research report on Thursday, October 8th. Zacks Research upgraded Gold Royalty from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 5th. TD Securities started coverage on Gold Royalty in a report on Thursday, October 8th. They set a “buy” rating and a $4.00 target price on the stock. Finally, HC Wainwright dropped their price target on shares of Gold Royalty from $7.75 to $7.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the stock. According to MarketBeat, Gold Royalty currently has an average rating of “Buy” and an average target price of $5.38.

Gold Royalty Trading Down 0.3%

Gold Royalty stock opened at $2.94 on Friday. Gold Royalty has a 52 week low of $2.45 and a 52 week high of $5.45. The stock has a market cap of $678.58 million, a price-to-earnings ratio of 73.52 and a beta of 1.15. The company’s 50-day moving average price is $3.06 and its two-hundred day moving average price is $3.34.

Gold Royalty (NYSEAMERICAN:GROY) last announced its earnings results on Wednesday, November 4th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. The firm had revenue of $10.25 million for the quarter, compared to the consensus estimate of $10.25 million. Gold Royalty had a return on equity of 1.24% and a net margin of 22.58%.

Institutional Investors Weigh In On Gold Royalty

A number of large investors have recently made changes to their positions in the company. Amundi grew its stake in Gold Royalty by 20.0% in the first quarter. Amundi now owns 3,000,000 shares of the company’s stock valued at $10,740,000 after purchasing an additional 500,000 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Gold Royalty by 560.4% during the 1st quarter. Renaissance Technologies LLC now owns 2,016,825 shares of the company’s stock worth $7,220,000 after purchasing an additional 1,711,425 shares in the last quarter. Groupe la Francaise raised its stake in shares of Gold Royalty by 88.9% during the 1st quarter. Groupe la Francaise now owns 1,700,000 shares of the company’s stock worth $6,067,000 after purchasing an additional 800,000 shares in the last quarter. U S Global Investors Inc. purchased a new stake in shares of Gold Royalty during the 3rd quarter worth about $5,125,000. Finally, Extract Advisors LLC acquired a new stake in shares of Gold Royalty during the 1st quarter valued at about $4,827,000. Institutional investors and hedge funds own 33.75% of the company’s stock.

Gold Royalty Company Profile

Gold Royalty Corp. is a precious metals royalty company focused on acquiring and managing royalties and other interests in mining projects. Rather than operating mines itself, the company receives payments or other benefits tied to production or revenue from properties in its portfolio. Its interests are concentrated in the Americas, including projects in the United States, Canada and other parts of the region. The portfolio includes royalties on properties at different stages of development, from exploration and construction to production.