Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Gold Royalty Corp (AMEX: GROY) closed at $1.50 down -9.64% from its previous closing price of $1.66. In other words, the price has decreased by -$9.64 from its previous closing price. On the day, 3.71 million shares were traded. GROY stock price reached its highest trading level at $1.6202 during the session, while it also had its lowest trading level at $1.48.
Ratios:
For a deeper understanding of Gold Royalty Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.52. 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 277865984 and an Enterprise Value of 303223424. For the stock, the TTM Price-to-Sale (P/S) ratio is 25.32 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 30.013 whereas that against EBITDA is -417.089.
Stock Price History:
The Beta on a monthly basis for GROY is 0.60, which has changed by -0.25 over the last 52 weeks, in comparison to a change of 0.042615533 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 3.83%, while the 200-Day Moving Average is calculated to be 10.23%.
Shares Statistics:
For the past three months, GROY has traded an average of 1.33M shares per day and 2059120 over the past ten days. A total of 170.21M shares are outstanding, with a floating share count of 140.68M. Insiders hold about 17.48% of the company’s shares, while institutions hold 13.23% stake in the company. Shares short for GROY as of 1743379200 were 6150749 with a Short Ratio of 4.63, compared to 1740700800 on 6136453. Therefore, it implies a Short% of Shares Outstanding of 6150749 and a Short% of Float of 4.21.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
