Gold Royalty (NYSEAMERICAN:GROY) Shares Break Above 50-Day Moving Average – Time to Sell?

Gold Royalty Corp. (NYSEAMERICAN:GROY) crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $3.08 and traded as high as $3.44. Gold Royalty shares last traded at $3.11, with a volume of 4,809,986 shares.

Key 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.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GROY. TD Securities initiated coverage on shares of Gold Royalty in a research note on Thursday, October 8th. They issued a “buy” rating and a $4.00 price objective for the company. HC Wainwright cut their target price on shares of Gold Royalty from $7.75 to $7.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Zacks Research upgraded Gold Royalty from a “hold” rating to a “strong-buy” rating in a report on Thursday. 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. Finally, Scotiabank lowered their price target on Gold Royalty from $6.00 to $5.75 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $5.38.

Gold Royalty Price Performance

The stock has a market capitalization of $720.13 million, a P/E ratio of 78.00 and a beta of 1.15. The stock’s fifty day moving average is $3.08 and its 200-day moving average is $3.37.

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, hitting analysts’ consensus estimates of $0.02. The firm had revenue of $10.25 million during the quarter, compared to analysts’ expectations of $10.25 million. Gold Royalty had a return on equity of 1.25% and a net margin of 22.58%. On average, research analysts expect that Gold Royalty Corp. will post 0.05 EPS for the current year.

Institutional Trading of Gold Royalty

Institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC grew its holdings in shares of Gold Royalty by 560.4% in 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 during the last quarter. U S Global Investors Inc. acquired a new position in Gold Royalty in the third quarter valued at about $5,125,000. Extract Advisors LLC acquired a new position in Gold Royalty in the first quarter valued at about $4,827,000. Groupe la Francaise boosted its position in Gold Royalty by 88.9% in the first quarter. Groupe la Francaise now owns 1,700,000 shares of the company’s stock valued at $6,067,000 after buying an additional 800,000 shares in the last quarter. Finally, Amundi grew its stake in Gold Royalty by 20.0% during the first quarter. Amundi now owns 3,000,000 shares of the company’s stock worth $10,740,000 after buying an additional 500,000 shares during the last quarter. 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 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.