Gold Royalty (NYSEAMERICAN:GROY) Stock Price Up 5.2% - Still a Buy?

Key Points

• Gold Royalty Corp. (NYSEAMERICAN:GROY) shares saw a notable increase of 5.2% on Monday, reaching a last traded price of $3.67.
• The company's market capitalization stands at $625.62 million with a P/E ratio of -367.00 and a debt-to-equity ratio of 0.09.
• Gold Royalty focuses on acquiring royalties and financing solutions in the metals and mining industry, aiming to provide investors with both near and long-term returns.

Shares of Gold Royalty Corp. (NYSEAMERICAN:GROY - ) rose 5.2% on Monday . The company traded as high as $3.79 and last traded at $3.67. Approximately 4,805,763 shares changed hands during mid-day trading, an increase of 46% from the average daily volume of 3,289,920 shares. The stock had previously closed at $3.49.

Gold Royalty Price Performance

The stock has a 50 day moving average of $3.58 and a two-hundred day moving average of $2.57. 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 firm has a market capitalization of $625.62 million, a P/E ratio of -367.00 and a beta of 1.00.

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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