Gold Royalty (NYSEAMERICAN:GROY) Upgraded at Zacks Research

Gold Royalty (NYSEAMERICAN:GROY) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday, Zacks reports.

Several other research firms have also issued reports on GROY. TD Securities started coverage on shares of Gold Royalty in a research note on Thursday, October 8th. They set a “buy” rating and a $4.00 target price on the stock. HC Wainwright dropped their price target on Gold Royalty from $7.75 to $7.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. TD set a $4.00 price objective on shares of Gold Royalty and gave the company a “buy” rating in a report on Thursday, October 8th. Finally, Scotiabank cut their target price on Gold Royalty from $6.00 to $5.75 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $5.38.

Gold Royalty Price Performance

Shares of GROY opened at $3.12 on Thursday. The firm’s 50 day moving average is $3.08 and its 200-day moving average is $3.37. Gold Royalty has a 12-month low of $2.45 and a 12-month high of $5.45. The stock has a market capitalization of $720.13 million, a P/E ratio of 78.02 and a beta of 1.15.

Gold Royalty (NYSEAMERICAN:GROY) last announced its earnings results on Wednesday, November 4th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. Gold Royalty had a return on equity of 0.68% and a net margin of 6.65%. The business had revenue of $10.25 million for the quarter, compared to analyst estimates of $10.25 million. As a group, equities research analysts forecast that Gold Royalty will post 0.05 EPS for the current fiscal year.

Institutional Trading of Gold Royalty

A number of large investors have recently modified their holdings of the business. CenterBook Partners LP lifted its holdings in shares of Gold Royalty by 87.6% during the 3rd quarter. CenterBook Partners LP now owns 1,003,355 shares of the company’s stock valued at $3,010,000 after purchasing an additional 468,543 shares during the last quarter. Commonwealth Equity Services LLC acquired a new position in shares of Gold Royalty during the 3rd quarter worth about $41,000. U S Global Investors Inc. acquired a new stake in Gold Royalty during the third quarter worth approximately $5,125,000. TD Waterhouse Canada Inc. raised its holdings in shares of Gold Royalty by 147.0% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 20,380 shares of the company’s stock valued at $61,000 after acquiring an additional 12,128 shares in the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in Gold Royalty during the 2nd quarter valued at about $136,000. Institutional investors own 33.75% of the company’s stock.

More Gold Royalty News

Here are the key news stories impacting Gold Royalty this week:

• Positive Sentiment: Gold Royalty reported record Q3 revenue of about $10.2 million, up 147% year over year, alongside sharply higher earnings and cash flow; an earnings-call summary also reported that EBITDA tripled. These growth trends could support investor confidence in the royalty company’s expanding asset base. Gold Royalty Q3 results
• Positive Sentiment: HC Wainwright raised its FY2026 EPS forecast to $0.05 from $0.04 and estimates $0.05 for FY2027. The firm maintained its Buy rating and $7 price target, reinforcing a bullish analyst view.
• Neutral Sentiment: Q3 EPS of $0.02 matched consensus expectations, as did revenue of approximately $10.25 million, so the quarter’s headline results were not an earnings or sales surprise.

Gold Royalty Company Profile

Gold Royalty Corp. is a precious-metals royalty and streaming company focused primarily on gold. Rather than operating mines directly, the company provides capital to mining companies in exchange for royalty interests, streams and other contractual rights tied to future production or revenue from mineral projects.

Gold Royalty’s portfolio includes interests in exploration, development and producing properties, with exposure concentrated in the Americas. Its assets span mining jurisdictions including Canada, the United States, Mexico and other countries in Latin America.