The closing price of Gold Royalty Corp (AMEX: GROY) was $1.99 for the day, down -1.00% from the previous closing price of $2.01. In other words, the price has decreased by -$0.0200 from its previous closing price. On the day, 569550 shares were traded.
Ratios:
Our analysis of GROY’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on June 29, 2023, initiated with a Sector Outperform rating and assigned the stock a target price of $3.
On June 08, 2023, National Bank Financial started tracking the stock assigning a Outperform rating and target price of $2.85.
On July 25, 2022, Raymond James started tracking the stock assigning a Mkt Perform rating and target price of $3.75.Raymond James initiated its Mkt Perform rating on July 25, 2022, with a $3.75 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GROY now has a Market Capitalization of 290.32M and an Enterprise Value of 321.59M. For the stock, the TTM Price-to-Sale (P/S) ratio is 101.39 while its Price-to-Book (P/B) ratio in mrq is 0.56. Its current Enterprise Value per Revenue stands at 105.51 whereas that against EBITDA is -10.71.
Stock Price History:
Over the past 52 weeks, GROY has reached a high of $2.48, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 1.7418, while the 200-Day Moving Average is calculated to be 1.5523.
Shares Statistics:
GROY traded an average of 636.00K shares per day over the past three months and 708.08k shares per day over the past ten days. A total of 145.67M shares are outstanding, with a floating share count of 92.61M. Insiders hold about 36.44% of the company’s shares, while institutions hold 8.55% stake in the company. Shares short for GROY as of Mar 15, 2024 were 2.08M with a Short Ratio of 3.27, compared to 1.63M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.43% and a Short% of Float of 1.75%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.05, GROY has a forward annual dividend rate of 0.01.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0 and a low estimate of -$0.02, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.01, with high estimates of $0 and low estimates of -$0.02.
Analysts are recommending an EPS of between $0 and -$0.08 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is -$0.01, with 4 analysts recommending between $0.02 and -$0.07.
Revenue Estimates
A total of 6 analysts have provided revenue estimates for GROY’s current fiscal year. The highest revenue estimate was $12M, while the lowest revenue estimate was $5.3M, resulting in an average revenue estimate of $9.64M. In the same quarter a year ago, actual revenue was $3.05M, up 216.30% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $16.03M in the next fiscal year. The high estimate is $21M and the low estimate is $11.5M. The average revenue growth estimate for next year is up 66.30% from the average revenue estimate for this year.
