After finishing at $2.09 in the prior trading day, Gold Royalty Corp (AMEX: GROY) closed at $1.98, down -5.26%. In other words, the price has decreased by -$0.1100 from its previous closing price. On the day, 923159 shares were traded.
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 1.79 and its Current Ratio is at 1.79. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 288.53M and an Enterprise Value of 302.30M. For the stock, the TTM Price-to-Sale (P/S) ratio is 106.47 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 76.65 whereas that against EBITDA is -20.29.
Stock Price History:
Over the past 52 weeks, GROY has reached a high of $2.48, while it has fallen to a 52-week low of $1.18. The 50-Day Moving Average of the stock is 1.5264, while the 200-Day Moving Average is calculated to be 1.5475.
Shares Statistics:
The stock has traded on average 587.10K shares per day over the past 3-months and 744.69k shares per day over the last 10 days, according to various share statistics. A total of 145.72M shares are outstanding, with a floating share count of 92.63M. Insiders hold about 36.44% of the company’s shares, while institutions hold 8.55% stake in the company. Shares short for GROY as of Feb 29, 2024 were 1.92M with a Short Ratio of 3.27, compared to 1.3M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.32% and a Short% of Float of 1.61%.
Dividends & Splits
In the trailing 12 months, GROY’s forward annual dividend rate was 0.05, compared to 0.02 this year.
Earnings Estimates
Its stock is currently analyzed by 5 different market analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0 and a low estimate of -$0.02, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.01 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.04 and -$0.06 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is -$0.02, with 6 analysts recommending between $0.1 and -$0.07.
Revenue Estimates
Based on 6 analysts’ estimates, the company’s revenue will be $11.71M in the next fiscal year. The high estimate is $15M and the low estimate is $8.6M. The average revenue growth estimate for next year is up 214.80% from the average revenue estimate for this year.
