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Gold Royalty (NYSEAMERICAN:GROY) Shares Gap Up - Here's What Happened

Gold Royalty logo with Basic Materials background

Key Points

  • Gold Royalty Corp. shares gapped up from a previous close of $3.82 to open at $3.97, indicating a potential bullish trend in trading.
  • The company has a market capitalization of $661.42 million and operates with a P/E ratio of -388.00, reflecting its current unprofitability.
  • Gold Royalty focuses on acquiring royalties and financial solutions for the metals and mining industry, aiming to build a diverse portfolio for investors.
  • Interested in Gold Royalty? Here are five stocks we like better.

Shares of Gold Royalty Corp. (NYSEAMERICAN:GROY - Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $3.82, but opened at $3.97. Gold Royalty shares last traded at $3.89, with a volume of 581,875 shares trading hands.

Gold Royalty Stock Performance

The firm has a market capitalization of $654.60 million, a price-to-earnings ratio of -384.00 and a beta of 0.99. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.56 and a current ratio of 1.56. The stock's fifty day moving average is $2.84 and its two-hundred day moving average is $2.04.

About Gold Royalty

(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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