Gold Royalty Corp (GROY)’s Day in Review: Closing at 1.33, Down by -2.21

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After finishing at $1.36 in the prior trading day, Gold Royalty Corp (AMEX: GROY) closed at $1.33, down -2.21%. In other words, the price has decreased by -$2.21 from its previous closing price. On the day, 0.68 million shares were traded. GROY stock price reached its highest trading level at $1.349 during the session, while it also had its lowest trading level at $1.31.

Ratios:

Our goal is to gain a better understanding of GROY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 1.69. 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 229937040 and an Enterprise Value of 269728992. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.59 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 41.49 whereas that against EBITDA is -83.637.

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 -4.29%, while the 200-Day Moving Average is calculated to be -16.51%.

Shares Statistics:

The stock has traded on average 1.27M shares per day over the past 3-months and 761760 shares per day over the last 10 days, according to various share statistics. A total of 145.67M shares are outstanding, with a floating share count of 137.70M. Insiders hold about 18.56% of the company’s shares, while institutions hold 12.86% stake in the company. Shares short for GROY as of 1723680000 were 2463611 with a Short Ratio of 1.94, compared to 1721001600 on 2820296. Therefore, it implies a Short% of Shares Outstanding of 2463611 and a Short% of Float of 1.9299999.

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