Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
Gold Royalty Corp (AMEX: GROY) closed the day trading at $1.92 up 1.05% from the previous closing price of $1.90. In other words, the price has increased by $1.05 from its previous closing price. On the day, 1.37 million shares were traded. GROY stock price reached its highest trading level at $1.955 during the session, while it also had its lowest trading level at $1.88.
Ratios:
For a better understanding of GROY, let’s look at its different ratios. 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 280104960 and an Enterprise Value of 311377408. For the stock, the TTM Price-to-Sale (P/S) ratio is 54.08 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 102.158 whereas that against EBITDA is -40.116.
Stock Price History:
Over the past 52 weeks, GROY has reached a high of $2.37, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -0.75%, while the 200-Day Moving Average is calculated to be 22.30%.
Shares Statistics:
Over the past 3-months, GROY traded about 702.08K shares per day on average, while over the past 10 days, GROY traded about 536940 shares per day. A total of 145.67M shares are outstanding, with a floating share count of 92.98M. Insiders hold about 36.27% of the company’s shares, while institutions hold 8.73% stake in the company. Shares short for GROY as of 1713139200 were 2135398 with a Short Ratio of 3.04, compared to 1710460800 on 2082740. Therefore, it implies a Short% of Shares Outstanding of 2135398 and a Short% of Float of 2.0499999.
Dividends & Splits
GROY’s forward annual dividend rate is 0.01, up from 0.01 a year ago. Against a Trailing Annual Dividend Yield of 0.0052631577
