The Gold Royalty Corp. (GROY) share price is expected to increase by 148.09% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered GROY. Price targets range from $2.25 at the low end to $5.5 at the high end. The current analyst consensus for GROY is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
Gold Royalty Corp. has a total of 0 Wall St Analyst ratings. There are 0 buy ratings, 0 ratings, and 0 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Gold Royalty Corp. will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of GROY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Heiko Ihle HC Wainwright & Co. | Buy | $5.5 | Maintains | Nov 5, 2024 |
Heiko Ihle HC Wainwright & Co. | Buy | $5.75 | Reiterates | Aug 15, 2024 |
Heiko Ihle HC Wainwright & Co. | Buy | $5.75 | Reiterates | Jul 23, 2024 |
Rene Cartier BMO Capital | Outperform | $2.5 | Upgrade | Jun 4, 2024 |
Brian MacArthur Raymond James | Outperform | $2.75 | Upgrade | Jun 4, 2024 |
Brian MacArthur Raymond James | Market Perform | $2.75 | Maintains | May 15, 2024 |
Heiko Ihle HC Wainwright & Co. | Buy | $5.75 | Reiterates | May 15, 2024 |
Heiko Ihle HC Wainwright & Co. | Buy | $5.75 | Reiterates | Apr 23, 2024 |
Rene Cartier BMO Capital | Market Perform | $3 | Maintains | Dec 7, 2023 |
Heiko Ihle HC Wainwright & Co. | Buy | $5.5 | Maintains | Nov 16, 2023 |
Heiko Ihle HC Wainwright & Co. | Buy | $8.75 | Reiterates | Aug 14, 2023 |
Eric Winmill Scotiabank | Sector Outperform | $3 | Initiates | Jun 29, 2023 |
Heiko Ihle HC Wainwright & Co. | Buy | $8.75 | Reiterates | Jun 26, 2023 |
National Bank Financial Inc | Outperform | Initiates | Jun 8, 2023 | |
Heiko Ihle HC Wainwright & Co. | Buy | $8.75 | Reiterates | May 17, 2023 |
Heiko Ihle HC Wainwright & Co. | Buy | $8.75 | Maintains | Mar 29, 2023 |
Heiko Ihle HC Wainwright & Co. | Buy | $9 | Reiterates | Feb 3, 2023 |
Rene Cartier BMO Capital | Market Perform | $4.75 | Maintains | Sep 6, 2022 |
Heiko Ihle HC Wainwright & Co. | Buy | $8 | Maintains | Aug 17, 2022 |
Raymond James | Market Perform | Initiates | Jul 25, 2022 |
When did it IPO
2020
Staff Count
12
Country
Canada
Sector/Industry
Basic Materials/Gold
CEO
Mr. David A. Garofalo B.Com., B.Comm, C.A., C.P.A., ICD.D
Market Cap
$226.9M
In 2023, GROY generated $3.0M in revenue, which was a decrease of -22.72% from the previous year. This can be seen as a signal that GROY's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Gold Royalty Corp, with a $240 million market cap, offers exposure to over 200 high-quality gold royalties. It has revenue growth potential and is viewed as a potential buy-out target as gold prices rise.
Why It Matters - Gold Royalty Corp's diverse, high-quality royalties and low market cap amid rising gold prices suggest significant growth potential and possible acquisition interest, enhancing investment appeal.
Summary - Gold Royalty Corp. will hold its Q3 2024 earnings conference call on November 5, 2024, at 11:00 AM ET, featuring key executives and financial analysts.
Why It Matters - The Q3 earnings call for Gold Royalty Corp. will provide insights into financial performance and strategic direction, influencing investor sentiment and stock valuation.
Summary - Gold Royalty Corp. (NYSE American: GROY) has filed its operating and financial results for Q3 and the nine months ending September 30, 2024. All figures are in U.S. dollars.
Why It Matters - Gold Royalty Corp.'s financial results can influence stock performance, indicating operational efficiency and profitability, which are key metrics for investment decisions.
Summary - In Q3 2024, revenue rose by approximately 160%, with a 90% increase in Total Revenue, Land Agreement Proceeds, and Interest compared to Q3 2023. Strategic acquisitions are expected to boost Q4 growth.
Why It Matters - A 160% revenue increase and 90% growth in key financial metrics indicate strong company performance, suggesting potential for continued growth and profitability, attracting investor interest.
Summary - GoldMining Inc. reported final drill assay results and an update on the auger drilling program at its 100% owned Sรฃo Jorge Project in Brazil's Tapajรณs gold district.
Why It Matters - Final drill assay results and updates on the Sรฃo Jorge Project indicate potential for resource growth, influencing GoldMining's valuation and attractiveness to investors in the gold sector.
Summary - Gold Royalty Corp. (NYSE:GROY) will hold its Q2 2024 earnings conference call on August 14, 2024, at 11:00 AM ET. Key executives will be participating in the call.
Why It Matters - Earnings calls provide insights into a company's financial health and future outlook, influencing stock performance and investment decisions for Gold Royalty Corp.