Gaining Ground: Gold Royalty Corp (GROY) Closes Lower at 1.50, Down -6.25

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The price of Gold Royalty Corp (AMEX: GROY) closed at $1.50 in the last session, down -6.25% from day before closing price of $1.60. In other words, the price has decreased by -$6.25 from its previous closing price. On the day, 1.06 million shares were traded. GROY stock price reached its highest trading level at $1.57 during the session, while it also had its lowest trading level at $1.475.

Ratios:

We take a closer look at GROY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.

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 253326000 and an Enterprise Value of 249868080. For the stock, the TTM Price-to-Sale (P/S) ratio is 48.15 while its Price-to-Book (P/B) ratio in mrq is 0.42. Its current Enterprise Value per Revenue stands at 48.284 whereas that against EBITDA is -49.119.

Stock Price History:

Over the past 52 weeks, GROY has reached a high of $2.21, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is -20.62%, while the 200-Day Moving Average is calculated to be -5.05%.

Shares Statistics:

According to the various share statistics, GROY traded on average about 981.67K shares per day over the past 3-months and 2681860 shares per day over the past 10 days. A total of 145.67M shares are outstanding, with a floating share count of 105.11M. Insiders hold about 36.78% of the company’s shares, while institutions hold 7.21% stake in the company. Shares short for GROY as of 1715731200 were 3168010 with a Short Ratio of 3.23, compared to 1713139200 on 2135398. Therefore, it implies a Short% of Shares Outstanding of 3168010 and a Short% of Float of 3.04.

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