FY2027 EPS Estimates for Gold Royalty Lowered by Scotiabank

Gold Royalty Corp. (NYSEAMERICAN:GROY) – Stock analysts at Scotiabank lowered their FY2027 earnings estimates for Gold Royalty in a research report issued on Wednesday, April 1st. Scotiabank analyst E. Winmill now forecasts that the company will post earnings of $0.15 per share for the year, down from their prior forecast of $0.16. Scotiabank has a “Outperform” rating and a $6.00 price objective on the stock. The consensus estimate for Gold Royalty’s current full-year earnings is ($0.03) per share.

A number of other brokerages also recently commented on GROY. Maxim Group set a $7.00 target price on Gold Royalty in a research note on Friday, January 23rd. National Bank Financial reissued an “outperform” rating and issued a $5.50 price target on shares of Gold Royalty in a report on Wednesday, December 10th. HC Wainwright reduced their price objective on Gold Royalty from $7.00 to $6.75 and set a “buy” rating for the company in a research report on Friday, March 20th. BMO Capital Markets restated an “outperform” rating and set a $4.75 price objective on shares of Gold Royalty in a research note on Tuesday, December 9th. Finally, Canaccord Genuity Group reaffirmed a “hold” rating and issued a $5.00 target price (up from $4.50) on shares of Gold Royalty in a research report on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $5.64.

Gold Royalty Stock Up 3.9%

Shares of NYSEAMERICAN:GROY opened at $3.72 on Thursday. The company has a market cap of $858.54 million, a PE ratio of -186.00 and a beta of 1.06. Gold Royalty has a fifty-two week low of $1.23 and a fifty-two week high of $5.45. The firm has a 50-day simple moving average of $4.17 and a 200 day simple moving average of $4.02.

Hedge Funds Weigh In On Gold Royalty

Several hedge funds and other institutional investors have recently made changes to their positions in GROY. Geneos Wealth Management Inc. increased its position in Gold Royalty by 68.0% in the 2nd quarter. Geneos Wealth Management Inc. now owns 16,800 shares of the company’s stock valued at $37,000 after acquiring an additional 6,800 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in shares of Gold Royalty by 363,800.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 7,278 shares of the company’s stock valued at $29,000 after purchasing an additional 7,276 shares during the period. Pacifica Partners Inc. acquired a new position in shares of Gold Royalty during the third quarter valued at $32,000. Squarepoint Ops LLC raised its stake in shares of Gold Royalty by 14.2% during the fourth quarter. Squarepoint Ops LLC now owns 69,877 shares of the company’s stock valued at $282,000 after purchasing an additional 8,663 shares in the last quarter. Finally, SevenBridge Financial Group LLC acquired a new stake in Gold Royalty in the fourth quarter worth about $40,000. 33.75% of the stock is currently owned by institutional investors and hedge funds.

About Gold Royalty

Gold Royalty Corp is a precious metals royalty and streaming company that focuses on acquiring and managing royalty interests in gold, silver and other metal assets. The company provides upfront funding to mining operators in exchange for a percentage of future metal production, offering an alternative financing model that can reduce capital requirements and accelerate development timelines for mining projects.

The firm’s diversified portfolio spans royalty and stream agreements across the Americas, with interests in operating mines, development‐stage assets and advanced exploration projects.