In yesterday’s Wall Street session, Gold Royalty Corp. (AMEX:GROY) shares traded at $2.87, up 0.35% from the previous session.
GROY stock price is now 14.95% away from the 50-day moving average and -7.69% away from the 200-day moving average. The market capitalization of the company currently stands at $411.47M.
With the price target of $3.75, Raymond James recently initiated with Mkt Perform rating for Gold Royalty Corp. (AMEX: GROY). On February 10, 2022, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $5.50.
Insiders disposed of 1,000,002 shares of company stock worth roughly $2.87 million over the past 1 year. A total of 34.46% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in GROY stock. A new stake in Gold Royalty Corp. shares was purchased by PETERSON WEALTH ADVISORS, LLC during the first quarter worth $533,000. RENAISSANCE TECHNOLOGIES LLC invested $387,000 in shares of GROY during the first quarter. In the first quarter, JANE STREET GROUP, LLC acquired a new stake in Gold Royalty Corp. valued at approximately $263,000. STATE STREET CORP acquired a new stake in GROY for approximately $150,000. SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC purchased a new stake in GROY valued at around $138,000 in the second quarter. In total, there are 56 active investors with 10.50% ownership of the company’s stock.
On Wednesday morning Gold Royalty Corp. (AMEX: GROY) stock kicked off with the opening price of $2.8500. During the past 12 months, Gold Royalty Corp. has had a low of $2.11 and a high of $5.16. As of last week, the company has a debt-to-equity ratio of 0.02, a current ratio of 1.40, and a quick ratio of 1.40. The fifty day moving average price for GROY is $2.4968 and a two-hundred day moving average price translates $3.1090 for the stock.
The latest earnings results from Gold Royalty Corp. (AMEX: GROY) was released for Jun, 2022. According to the Other Precious Metals & Mining Company, earnings per share came in at -$0.03, missing analysts’ expectations of -$0.01 by -0.02. This compares to -$0.07 EPS in the same period last year.
Moreover, the firm recently paid out its quarterly dividend on 12/30/2022. Investors who held shares on 12/15/2022 were paid a $0.01 dividend. On an annualized basis, this represents a $0.04 dividend and a 1.39% percent yield. There was an ex-dividend date of 12/14/2022 for this dividend.
Gold Royalty Corp.(GROY) Company Profile
Gold Royalty Corp., a precious metals-focused royalty company, provides financing solutions to the metals and mining industry. It focuses on acquiring royalties, streams, and similar interests at varying stages of the mine life cycle to build a portfolio offering near, medium, and longer-term attractive returns for its investors. The company’s portfolio consists of net smelter return royalties ranging from 0.5% to 2.0% on 17 gold properties located in the Americas. Gold Royalty Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.