Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Gold Royalty Corp (AMEX: GROY) closed at $1.49 in the last session, up 1.36% from day before closing price of $1.47. In other words, the price has increased by $1.36 from its previous closing price. On the day, 0.98 million shares were traded. GROY stock price reached its highest trading level at $1.51 during the session, while it also had its lowest trading level at $1.46.
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 1.63 and its Current Ratio is at 1.63. 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 252277856 and an Enterprise Value of 298706496. For the stock, the TTM Price-to-Sale (P/S) ratio is 32.51 while its Price-to-Book (P/B) ratio in mrq is 0.45. Its current Enterprise Value per Revenue stands at 38.473 whereas that against EBITDA is -137.907.
Stock Price History:
The Beta on a monthly basis for GROY is 0.77, which has changed by -0.255 over the last 52 weeks, in comparison to a change of 0.07903516 over the same period for the S&P500. Over the past 52 weeks, GROY has reached a high of $2.21, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 11.78%, while the 200-Day Moving Average is calculated to be 9.36%.
Shares Statistics:
According to the various share statistics, GROY traded on average about 890.99K shares per day over the past 3-months and 772310 shares per day over the past 10 days. A total of 169.31M shares are outstanding, with a floating share count of 140.70M. Insiders hold about 16.90% of the company’s shares, while institutions hold 13.00% stake in the company. Shares short for GROY as of 1740700800 were 6136453 with a Short Ratio of 6.89, compared to 1738281600 on 6185563. Therefore, it implies a Short% of Shares Outstanding of 6136453 and a Short% of Float of 4.2700000000000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
