Ratios in Focus: Analyzing Gold Royalty Corp (GROY)’s Price-to-Cash and Price-to-Free Cash Flow

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In the latest session, Gold Royalty Corp (AMEX: GROY) closed at $1.78 down -0.56% from its previous closing price of $1.79. In other words, the price has decreased by -$0.56 from its previous closing price. On the day, 0.96 million shares were traded. GROY stock price reached its highest trading level at $1.84 during the session, while it also had its lowest trading level at $1.75.

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 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.06.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on June 29, 2023, initiated with a Sector Outperform rating and assigned the stock a target price of $3.

On June 08, 2023, National Bank Financial started tracking the stock assigning a Outperform rating and target price of $2.85.

On July 25, 2022, Raymond James started tracking the stock assigning a Mkt Perform rating and target price of $3.75.Raymond James initiated its Mkt Perform rating on July 25, 2022, with a $3.75 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 261138464 and an Enterprise Value of 290497088. For the stock, the TTM Price-to-Sale (P/S) ratio is 50.23 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 56.135 whereas that against EBITDA is -57.106.

Stock Price History:

The Beta on a monthly basis for GROY is 1.06, which has changed by -0.14832538 over the last 52 weeks, in comparison to a change of 0.26159418 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 $1.18. The 50-Day Moving Average of the stock is -8.67%, while the 200-Day Moving Average is calculated to be 13.36%.

Shares Statistics:

For the past three months, GROY has traded an average of 702.57K shares per day and 843600 over the past ten days. A total of 145.67M shares are outstanding, with a floating share count of 92.98M. Insiders hold about 36.27% of the company’s shares, while institutions hold 8.30% stake in the company. Shares short for GROY as of 1714435200 were 2148929 with a Short Ratio of 3.06, compared to 1711584000 on 2019531. Therefore, it implies a Short% of Shares Outstanding of 2148929 and a Short% of Float of 2.0599999.

Dividends & Splits

According to the company, the forward annual dividend rate for GROY is 0.01, from 0.01 in the trailing year. Against a Trailing Annual Dividend Yield of 0.005586592

Earnings Estimates

At present, 5.0 analysts are actively evaluating the performance of Gold Royalty Corp (GROY) in the stock market.On average, analysts expect EPS of $0.0 for the current quarter, with a high estimate of $0.0 and a low estimate of -$0.02, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.0 and low estimates of -$0.02.

Analysts are recommending an EPS of between $0.01 and -$0.03 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 -$0.07.

Revenue Estimates

For the next quarter, 2 analysts are estimating revenue of $3.23M. There is a high estimate of $3.23M for the next quarter, whereas the lowest estimate is $3.23M.

A total of 6 analysts have provided revenue estimates for GROY’s current fiscal year. The highest revenue estimate was $14M, while the lowest revenue estimate was $5.8M, resulting in an average revenue estimate of $10.67M. In the same quarter a year ago, actual revenue was $3.05MBased on 5 analysts’ estimates, the company’s revenue will be $16.32M in the next fiscal year. The high estimate is $22M and the low estimate is $12.9M.

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