Scotiabank lowered the firm’s price target on Gold Royalty (GROY) to $2.25 from $2.50 and keeps an Outperform rating on the shares. The firm is updating its estimates on the stock, assuming a later production profile at Barrick’s (GOLD) Ren Mine in Navada, where the company holds royalty in, the analyst tells investors.
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Read More on GROY:
- Gold Royalty Corp. Reports Strong Q3 2024 Results
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