Gold Royalty (NYSEAMERICAN:GROY) Sees Unusually-High Trading Volume - Still a Buy?

Key Points

• Gold Royalty Corp. experienced a significant increase in trading volume, with 2.4 million shares trading on Thursday, representing a 38% rise from the previous session.
• The stock was last priced at $3.59, following a slight decrease from its previous close of $3.65.
• The company, focused on the metals and mining industry, has a market cap of $625.62 million and maintains a quick ratio and current ratio of 1.56, highlighting a solid liquidity position.

Gold Royalty Corp. (NYSEAMERICAN:GROY - ) shares saw an uptick in trading volume on Thursday . 2,420,042 shares changed hands during mid-day trading, an increase of 38% from the previous session's volume of 1,749,906 shares.The stock last traded at $3.59 and had previously closed at $3.65.

Gold Royalty Trading Up 0.5%

The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.09. The firm has a market cap of $625.62 million, a price-to-earnings ratio of -367.00 and a beta of 0.99. The business's fifty day moving average is $3.20 and its two-hundred day moving average is $2.27.

Gold Royalty Company Profile

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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