Maxim Group Sticks to Their Buy Rating for Gold Royalty (GROY)
In a report released yesterday, Tate Sullivan from Maxim Group maintained a Buy rating on Gold Royalty, with a price target of $6.00. The company’s shares closed yesterday at $3.57.
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Sullivan covers the Industrials sector, focusing on stocks such as Seanergy Maritime, ABM Industries, and Cheetah Net Supply Chain Service, Inc. Class A. According to TipRanks, Sullivan has an average return of 1.8% and a 47.28% success rate on recommended stocks.
Gold Royalty has an analyst consensus of Strong Buy, with a price target consensus of $5.00, a 40.06% upside from current levels. In a report released on October 24, Canaccord Genuity also maintained a Buy rating on the stock with a $4.75 price target.
The company has a one-year high of $4.15 and a one-year low of $1.16. Currently, Gold Royalty has an average volume of 3.05M.
Read More on GROY:
Disclaimer & DisclosureReport an Issue
- Gold Royalty’s Strategic Positioning and Financial Stability Justify Buy Rating
- Gold Royalty reports Q3 revenue $4.1M vs. $2.06M last year
- Gold Royalty price target raised to $4 from $3.30 at Scotiabank
- Gold Royalty price target raised to $4.50 from $3.75 at Raymond James
- Maxim starts Gold Royalty at Buy on higher gold prices and production
