As of close of business last night, Gold Royalty Corp’s stock clocked out at $1.84, down -5.15% from its previous closing price of $1.94. In other words, the price has decreased by -$0.1000 from its previous closing price. On the day, 591758 shares were traded.
Ratios:
To gain a deeper understanding of GROY’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 282.70M and an Enterprise Value of 296.47M. For the stock, the TTM Price-to-Sale (P/S) ratio is 98.94 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 75.17 whereas that against EBITDA is -19.90.
Stock Price History:
The Beta on a monthly basis for GROY is 1.16, which has changed by -12.80% over the last 52 weeks, in comparison to a change of 31.54% over the same period for the S&P500. 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 1.5800, while the 200-Day Moving Average is calculated to be 1.5480.
Shares Statistics:
It appears that GROY traded 593.01K shares on average per day over the past three months and 741.51k shares per day over the past ten days. A total of 145.72M shares are outstanding, with a floating share count of 92.62M. 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 Feb 29, 2024 were 1.92M with a Short Ratio of 3.24, compared to 1.3M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.32% and a Short% of Float of 1.61%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.05, GROY has a forward annual dividend rate of 0.02.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. 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 -$0.04, with high estimates of -$0.01 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.04 and -$0.06 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is -$0.02, with 6 analysts recommending between $0.1 and -$0.07.
Revenue Estimates
Based on 6 analysts’ estimates, the company’s revenue will be $11.71M in the next fiscal year. The high estimate is $15M and the low estimate is $8.6M. The average revenue growth estimate for next year is up 214.80% from the average revenue estimate for this year.
