Gold Royalty (GROY) Stock Price, News & Analysis

Company Overview

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 returns for its investors. Gold Royalty Corp. was incorporated in 2020 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: $1.34 to $1.40
• 50-Day Range: N/A
• 52-Week Range: $1.17 to $2.21
• Volume: 545,309 shs
• Average Volume: 923,443 shs
• Market Capitalization: $199.64 million
• P/E Ratio: N/A
• Dividend Yield: 0.73%
• Price Target: $3.67
• Consensus Rating: Buy

Gold Royalty Stock Analysis - MarketRank™

Gold Royalty scored higher than 40% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Gold Royalty has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Gold Royalty has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Gold Royalty are expected to grow in the coming year, from ($0.03) to ($0.01) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Gold Royalty is -8.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Gold Royalty is -8.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Gold Royalty has a P/B Ratio of 0.38. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.91% of the float of Gold Royalty has been sold short.

Short Interest Ratio / Days to Cover

Gold Royalty has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gold Royalty has recently increased by 32.34%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Gold Royalty has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Gold Royalty does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.91% of the float of Gold Royalty has been sold short.

Short Interest Ratio / Days to Cover

Gold Royalty has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Gold Royalty has recently increased by 32.34%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 6 people have searched for GROY on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Gold Royalty insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 33.75% of the stock of Gold Royalty is held by institutions.

GROY Stock Analysis - Frequently Asked Questions

How have GROY shares performed this year?

Gold Royalty's stock was trading at $1.33 on January 1st, 2024. Since then, GROY shares have increased by 3.0% and is now trading at $1.37.
View the best growth stocks for 2024 here.

How were Gold Royalty's earnings last quarter?

Gold Royalty Corp. (NYSEAMERICAN:GROY) announced its quarterly earnings data on Tuesday, August, 13th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.01). The business had revenue of $1.79 million for the quarter. Gold Royalty had a negative net margin of 484.60% and a negative trailing twelve-month return on equity of 0.68%.

How do I buy shares of Gold Royalty?

Shares of GROY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/13/2024
• Today: 10/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: NYSEAMERICAN:GROY
• CUSIP: N/A
• CIK: N/A
• Web: www.goldroyalty.com
• Phone: 604-396-3066
• Fax: N/A
• Employees: 12
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.67
• High Stock Price Target: $5.75
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +171.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.17)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-26,760,000.00
• Net Margins: -484.60%
• Pretax Margin: -593.18%
• Return on Equity: -0.68%
• Return on Assets: -0.52%

Debt

• Debt-to-Equity Ratio: 0.06
• Current Ratio: 1.41
• Quick Ratio: 1.41

Sales & Book Value

• Annual Sales: $3.05 million
• Price / Sales: 64.50
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.59 per share
• Price / Book: 0.38

Miscellaneous

• Outstanding Shares: 145,720,000
• Free Float: N/A
• Market Cap: $196.72 million
• Optionable: Not Optionable
• Beta: 1.02