Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Gold Royalty Corp (AMEX: GROY) closed at $1.20 down -3.23% from its previous closing price of $1.24. In other words, the price has decreased by -$3.23 from its previous closing price. On the day, 0.61 million shares were traded. GROY stock price reached its highest trading level at $1.25 during the session, while it also had its lowest trading level at $1.2.
Ratios:
For a deeper understanding of Gold Royalty Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.63 and its Current Ratio is at 1.63. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.09.
On June 29, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $3.Scotiabank initiated its Sector Outperform rating on June 29, 2023, with a $3 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 203176816 and an Enterprise Value of 249605312. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.18 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 32.149 whereas that against EBITDA is -115.238.
Stock Price History:
The Beta on a monthly basis for GROY is 0.88, which has changed by -0.08148146 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, GROY has reached a high of $2.21, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is -5.29%, while the 200-Day Moving Average is calculated to be -18.60%.
Shares Statistics:
For the past three months, GROY has traded an average of 893.87K shares per day and 670500 over the past ten days. A total of 169.31M shares are outstanding, with a floating share count of 140.70M. Insiders hold about 16.90% of the company’s shares, while institutions hold 14.01% stake in the company. Shares short for GROY as of 1735603200 were 6018105 with a Short Ratio of 6.73, compared to 1732838400 on 6019908. Therefore, it implies a Short% of Shares Outstanding of 6018105 and a Short% of Float of 4.19.
