Gold Royalty Corp. (NYSEAMERICAN:GROY) Short Interest Up 59.4% in September

Gold Royalty Corp. (NYSEAMERICAN:GROY - Get Free Report) saw a significant growth in short interest during the month of September. As of September 30th, there was short interest totalling 6,390,000 shares, a growth of 59.4% from the September 15th total of 4,010,000 shares. Approximately 4.6% of the company's stock are short sold. Based on an average daily trading volume, of 1,030,000 shares, the short-interest ratio is presently 6.2 days.

Institutional Trading of Gold Royalty

Institutional investors have recently made changes to their positions in the business. Austin Wealth Management LLC bought a new stake in shares of Gold Royalty during the fourth quarter worth $44,000. GSA Capital Partners LLP grew its position in shares of Gold Royalty by 70.9% during the 1st quarter. GSA Capital Partners LLP now owns 257,222 shares of the company's stock worth $484,000 after buying an additional 106,700 shares during the period. Finally, Van ECK Associates Corp boosted its stake in Gold Royalty by 0.9% in the first quarter. Van ECK Associates Corp now owns 5,953,677 shares of the company's stock valued at $11,193,000 after acquiring an additional 55,546 shares during the last quarter. 33.75% of the stock is currently owned by institutional investors and hedge funds.

Gold Royalty Trading Up 1.4 %

Shares of NYSEAMERICAN:GROY traded up $0.02 during trading on Monday, reaching $1.40. The stock had a trading volume of 800,033 shares, compared to its average volume of 913,775. The firm has a market cap of $204.01 million, a price-to-earnings ratio of -8.29 and a beta of 1.02. Gold Royalty has a 52 week low of $1.17 and a 52 week high of $2.21. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.06.

Gold Royalty (NYSEAMERICAN:GROY - Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). The company had revenue of $1.79 million for the quarter. Gold Royalty had a negative return on equity of 0.68% and a negative net margin of 484.60%. Equities analysts anticipate that Gold Royalty will post -0.03 EPS for the current year.

About Gold Royalty

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.

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