Gold Royalty Corp (GROY) Stock Closes down -1.80% on Thursday’s Trading

Gold Royalty Corp (AMEX: GROY) closed the day trading at $1.64 down -1.80% from the previous closing price of $1.67. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 530728 shares were traded.

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Ratios:

For a better understanding of GROY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.79 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 238.99M and an Enterprise Value of 252.76M. For the stock, the TTM Price-to-Sale (P/S) ratio is 87.73 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 64.09 whereas that against EBITDA is -16.96.

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 1.4390, while the 200-Day Moving Average is calculated to be 1.5711.

Shares Statistics:

Over the past 3-months, GROY traded about 546.75K shares per day on average, while over the past 10 days, GROY traded about 1.09M shares per day. A total of 144.97M shares are outstanding, with a floating share count of 92.18M. Insiders hold about 36.42% of the company’s shares, while institutions hold 8.60% stake in the company. Shares short for GROY as of Jan 31, 2024 were 1.3M with a Short Ratio of 2.37, compared to 1.18M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 0.90% and a Short% of Float of 1.10%.

Dividends & Splits

GROY’s forward annual dividend rate is 0.02, up from 0.05 a year ago. Against a Trailing Annual Dividend Yield of 2.99%, it implies a Forward Annual Dividend Yield of 2.67%.

Earnings Estimates

Current recommendations for the stock of the company come from 5 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 -$0.04, 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.

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