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Gold Royalty (NYSEAMERICAN:GROY) Hits 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 at $2.95 during trading, with 2,060,173 shares exchanged.
  • The company's market capitalization stands at $489.25 million, alongside a low debt-to-equity ratio of 0.09.
  • As a precious metals-focused royalty company, Gold Royalty provides financing solutions to the metals and mining industry by acquiring royalties and streams.
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Shares of Gold Royalty Corp. (NYSEAMERICAN:GROY - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as $2.95 and last traded at $2.94, with a volume of 2060173 shares changing hands. The stock had previously closed at $2.82.

Gold Royalty Trading Up 3.0%

The stock has a market cap of $531.87 million, a price-to-earnings ratio of -156.00 and a beta of 0.96. The firm's 50 day moving average is $2.33 and its two-hundred day moving average is $1.71. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.09.

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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