In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Gold Royalty Corp’s stock clocked out at $1.79, up 0.56% from its previous closing price of $1.78. In other words, the price has increased by $0.56 from its previous closing price. On the day, 1.68 million shares were traded.
Ratios:
To gain a deeper understanding of GROY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 91.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1326.72. 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 0.09 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 29.48 while its Price-to-Book (P/B) ratio in mrq is 0.55.
Stock Price History:
Over the past 52 weeks, GROY has reached a high of $1.98, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 18.73%, while the 200-Day Moving Average is calculated to be 30.27%.
Shares Statistics:
A total of 170.49M shares are outstanding, with a floating share count of 141.63M. Insiders hold about 16.92% of the company’s shares, while institutions hold 14.03% stake in the company.
Earnings Estimates
Investors are keenly observing as 4.0 analysts analyze and rate the current performance of Gold Royalty Corp (GROY) in the stock market.The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.0 and -$0.02 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.01, with 4.0 analysts recommending between $0.02 and -$0.01.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $100k. It ranges from a high estimate of $100k to a low estimate of $100k. As of the current estimate, Gold Royalty Corp’s year-ago sales were $1.79MFor the next quarter, 1 analysts are estimating revenue of $400k. There is a high estimate of $400k for the next quarter, whereas the lowest estimate is $400k.
A total of 4 analysts have provided revenue estimates for GROY’s current fiscal year. The highest revenue estimate was $18.6M, while the lowest revenue estimate was $17.1M, resulting in an average revenue estimate of $18.05M. In the same quarter a year ago, actual revenue was $10.1MBased on 3 analysts’ estimates, the company’s revenue will be $28.57M in the next fiscal year. The high estimate is $31M and the low estimate is $25.6M.
