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Gold Royalty (NYSEAMERICAN:GROY) Sets New 1-Year High - Here's Why

Gold Royalty logo with Basic Materials background

Key Points

  • Gold Royalty Corp. (NYSEAMERICAN:GROY) reached a new 52-week high of $3.98 during trading, closing at $3.89 with a volume of 422,873 shares.
  • The company has a market capitalization of $652.90 million and a price-to-earnings ratio of -383.00, indicating a high level of volatility and potential risks for investors.
  • As a precious metals-focused royalty company, Gold Royalty provides financing solutions to the metals and mining industry, targeting various stages of the mine life cycle for investment returns.
  • MarketBeat previews the top five stocks to own by October 1st.

Gold Royalty Corp. (NYSEAMERICAN:GROY - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $3.98 and last traded at $3.89, with a volume of 422873 shares. The stock had previously closed at $3.62.

Gold Royalty Stock Performance

The stock's 50-day moving average price is $2.84 and its 200-day moving average price is $2.04. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $654.60 million, a P/E ratio of -384.00 and a beta of 0.99.

Gold Royalty Company Profile

(Get 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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