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.
After finishing at $1.41 in the prior trading day, Gold Royalty Corp (AMEX: GROY) closed at $1.44, up 2.13%. In other words, the price has increased by $2.13 from its previous closing price. On the day, 2.46 million shares were traded. GROY stock price reached its highest trading level at $1.48 during the session, while it also had its lowest trading level at $1.42.
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 1.52 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 245476816 and an Enterprise Value of 292995200. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.30 while its Price-to-Book (P/B) ratio in mrq is 0.44. Its current Enterprise Value per Revenue stands at 29.001 whereas that against EBITDA is -403.02.
Stock Price History:
The Beta on a monthly basis for GROY is 0.84, which has changed by -0.2763819 over the last 52 weeks, in comparison to a change of 0.10063088 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 5.05%, while the 200-Day Moving Average is calculated to be 6.12%.
Shares Statistics:
The stock has traded on average 1.01M shares per day over the past 3-months and 1893300 shares per day over the last 10 days, according to various share statistics. A total of 170.21M shares are outstanding, with a floating share count of 141.66M. Insiders hold about 16.90% of the company’s shares, while institutions hold 12.91% stake in the company. Shares short for GROY as of 1741910400 were 6118082 with a Short Ratio of 6.07, compared to 1739491200 on 6226034. Therefore, it implies a Short% of Shares Outstanding of 6118082 and a Short% of Float of 4.24.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
As of right now, 4.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.0, with high estimates of $0.0 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.0 and -$0.03 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.01, with 3.0 analysts recommending between $0.02 and -$0.01.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for GROY’s current fiscal year. The highest revenue estimate was $20.1M, while the lowest revenue estimate was $16M, resulting in an average revenue estimate of $17.4M. In the same quarter a year ago, actual revenue was $10.1MBased on 2 analysts’ estimates, the company’s revenue will be $26.2M in the next fiscal year. The high estimate is $26.6M and the low estimate is $25.8M.
