Two Sigma Investments LP cut its stake in shares of Gold Royalty Corp. (NYSE:GROY - Free Report) by 15.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 723,854 shares of the company's stock after selling 131,480 shares during the period. Two Sigma Investments LP owned approximately 0.43% of Gold Royalty worth $876,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of Montreal Can raised its stake in Gold Royalty by 15.4% during the 4th 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 4th quarter. Zazove Associates LLC now owns 441,000 shares of the company's stock worth $534,000 after buying an additional 200,000 shares in the last quarter. Sprott Inc. raised its stake in shares of Gold Royalty by 227.5% during the 4th quarter. Sprott Inc. now owns 363,841 shares of the company's stock worth $440,000 after buying an additional 252,735 shares in the last quarter. Regal Partners Ltd raised its stake in shares of Gold Royalty by 40.2% during the 4th quarter. Regal Partners Ltd now owns 196,658 shares of the company's stock worth $238,000 after buying an additional 56,390 shares in the last quarter. Finally, Eagle Global Advisors LLC purchased a new position in shares of Gold Royalty during the 4th quarter worth approximately $206,000. 33.75% of the stock is owned by hedge funds and other institutional investors.
Gold Royalty Stock Performance
Shares of GROY stock opened at $2.03 on Friday. The company has a market cap of $346.05 million, a price-to-earnings ratio of -15.62 and a beta of 0.88. The stock has a 50 day simple moving average of $1.61 and a 200-day simple moving average of $1.42. Gold Royalty Corp. has a 12-month low of $1.16 and a 12-month high of $2.10. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.09.
Gold Royalty Company Profile
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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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