Gold Royalty (NYSEAMERICAN:GROY) Stock Price Down 4.9% - What's Next?

Key Points

• Gold Royalty Corp. (NYSEAMERICAN:GROY) experienced a 4.9% decline in its stock price, trading as low as $3.65 on Thursday.
• The company has a market capitalization of approximately $649.49 million and a PE ratio of -381.00, indicating financial performance that may require closer scrutiny.
• As a precious metals-focused royalty company, Gold Royalty Corp. aims to provide financing solutions through acquiring royalties and streams in the mining industry.

Gold Royalty Corp. (NYSEAMERICAN:GROY - ) traded down 4.9% during trading on Thursday . The company traded as low as $3.65 and last traded at $3.66. 1,432,049 shares traded hands during mid-day trading, a decline of 21% from the average session volume of 1,807,786 shares. The stock had previously closed at $3.85.

Gold Royalty Trading Down 1.0%

The stock has a market capitalization of $649.49 million, a PE ratio of -381.00 and a beta of 1.00. The company's 50 day moving average price is $3.34 and its two-hundred day moving average price is $2.35. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.56 and a quick ratio of 1.56.

About Gold Royalty

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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