Two Sigma Investments LP trimmed its holdings in Gold Royalty Corp. (NYSE:GROY - Free Report) by 15.4% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 723,854 shares of the company's stock after selling 131,480 shares during the quarter. Two Sigma Investments LP owned 0.43% of Gold Royalty worth $876,000 at the end of the most recent quarter.
Several other institutional investors have also added to or reduced their stakes in the business. Sprott Inc. increased its stake in shares of Gold Royalty by 227.5% in the fourth quarter. Sprott Inc. now owns 363,841 shares of the company's stock worth $440,000 after buying an additional 252,735 shares during the period. Commonwealth Equity Services LLC increased its position in shares of Gold Royalty by 20.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 125,910 shares of the company's stock valued at $152,000 after acquiring an additional 21,717 shares during the period. Bank of Montreal Can raised its stake in shares of Gold Royalty by 15.4% during the fourth quarter. Bank of Montreal Can now owns 3,591,397 shares of the company's stock valued at $4,346,000 after acquiring an additional 478,665 shares during the last quarter. Zazove Associates LLC raised its stake in shares of Gold Royalty by 83.0% during the fourth quarter. Zazove Associates LLC now owns 441,000 shares of the company's stock valued at $534,000 after acquiring an additional 200,000 shares during the last quarter. Finally, Marshall Wace LLP grew its stake in shares of Gold Royalty by 43.7% in the fourth quarter. Marshall Wace LLP now owns 100,963 shares of the company's stock worth $122,000 after purchasing an additional 30,710 shares during the last quarter. 33.75% of the stock is currently owned by hedge funds and other institutional investors.
Gold Royalty Trading Down 3.4%
GROY traded down $0.07 during midday trading on Tuesday, reaching $1.97. 1,827,694 shares of the company's stock traded hands, compared to its average volume of 1,173,863. Gold Royalty Corp. has a 52 week low of $1.16 and a 52 week high of $2.10. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a fifty day moving average of $1.63 and a two-hundred day moving average of $1.43. The stock has a market capitalization of $335.83 million, a price-to-earnings ratio of -15.15 and a beta of 0.88.
About Gold Royalty
(
Free Report)
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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