CenterBook Partners LP raised its position in Gold Royalty Corp. (NYSEAMERICAN:GROY – Free Report) by 87.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,003,355 shares of the company’s stock after acquiring an additional 468,543 shares during the quarter. CenterBook Partners LP owned approximately 0.43% of Gold Royalty worth $3,010,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also bought and sold shares of the company. Amundi grew its stake in shares of Gold Royalty by 20.0% during the 1st 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 during the period. Renaissance Technologies LLC increased its position 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 valued at $7,220,000 after purchasing an additional 1,711,425 shares during the last quarter. Groupe la Francaise lifted its stake in shares of Gold Royalty by 5.9% in the 2nd quarter. Groupe la Francaise now owns 1,800,000 shares of the company’s stock worth $4,972,000 after purchasing an additional 100,000 shares during the period. U S Global Investors Inc. bought a new position in shares of Gold Royalty in the 3rd quarter worth approximately $5,125,000. Finally, Extract Advisors LLC bought a new position in shares of Gold Royalty in the 1st quarter worth approximately $4,827,000. 33.75% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
GROY has been the subject of several recent research reports. Zacks Research upgraded shares of Gold Royalty from a “hold” rating to a “strong-buy” rating in a research report on Thursday. TD Securities started coverage on shares of Gold Royalty in a report on Thursday, October 8th. They set a “buy” rating and a $4.00 target price for the company. HC Wainwright decreased 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. Scotiabank dropped their price target on shares of Gold Royalty from $6.00 to $5.75 and set an “outperform” rating on the stock in a research note on Tuesday, July 14th. Finally, TD set a $4.00 price objective on shares of Gold Royalty and gave the company a “buy” rating in a research report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $5.38.
Read Our Latest Research Report on Gold Royalty
Key Stories Impacting Gold Royalty
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 Stock Up 0.3%
Shares of GROY opened at $3.12 on Friday. The business has a 50-day simple moving average of $3.08 and a two-hundred day simple moving average of $3.37. The stock has a market cap of $720.13 million, a price-to-earnings ratio of 78.02 and a beta of 1.15. Gold Royalty Corp. has a 52 week low of $2.45 and a 52 week high of $5.45.
Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) last posted its quarterly earnings data on Wednesday, November 4th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Gold Royalty had a return on equity of 1.25% and a net margin of 22.58%. The firm had revenue of $10.25 million for the quarter, compared to the consensus estimate of $10.25 million. On average, equities analysts anticipate that Gold Royalty Corp. will post 0.05 earnings per share for the current fiscal year.
Gold Royalty 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.
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