Gold Royalty Corp. $GROY Stock: CenterBook Partners LP Increases Position

CenterBook Partners LP grew its holdings in Gold Royalty Corp. (NYSEAMERICAN:GROY) by 87.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,003,355 shares of the company’s stock after acquiring an additional 468,543 shares during the period. CenterBook Partners LP’s holdings in Gold Royalty were worth $3,010,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in GROY. AXQ Capital LP purchased a new stake in shares of Gold Royalty during the second quarter worth about $29,000. Kestra Advisory Services LLC lifted its holdings in Gold Royalty by 118.8% in the 1st quarter. Kestra Advisory Services LLC now owns 10,939 shares of the company’s stock worth $39,000 after purchasing an additional 5,939 shares in the last quarter. NewEdge Advisors LLC purchased a new position in Gold Royalty in the 1st quarter worth approximately $40,000. Commonwealth Equity Services LLC purchased a new position in Gold Royalty in the 3rd quarter worth approximately $41,000. Finally, Prospect Financial Group LLC bought a new position in Gold Royalty in the 2nd quarter worth approximately $43,000. Institutional investors own 33.75% of the company’s stock.

Analyst Ratings Changes

GROY has been the subject of a number of research analyst reports. HC Wainwright cut their price objective on shares of Gold Royalty from $7.75 to $7.00 and set a “buy” rating for the company in a report on Thursday, August 6th. TD set a $4.00 target price on shares of Gold Royalty and gave the stock a “buy” rating in a report on Thursday, October 8th. Zacks Research raised shares of Gold Royalty from a “hold” rating to a “strong-buy” rating in a report on Thursday. Scotiabank dropped their target price on shares of Gold Royalty from $6.00 to $5.75 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. Finally, TD Securities initiated 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 for the company. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $5.38.

Key Headlines 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 Trading Up 0.3%

Shares of NYSEAMERICAN:GROY opened at $3.12 on Friday. Gold Royalty Corp. has a 12 month low of $2.45 and a 12 month high of $5.45. The company has a 50-day moving average price of $3.08 and a 200 day moving average price of $3.37. The company has a market cap of $720.13 million, a price-to-earnings ratio of 78.02 and a beta of 1.15.

Gold Royalty (NYSEAMERICAN:GROY) last released its quarterly earnings results 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 company had revenue of $10.25 million during the quarter, compared to analyst estimates of $10.25 million. As a group, equities analysts forecast that Gold Royalty Corp. will post 0.05 EPS for the current year.

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.