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Gold Royalty (NYSEAMERICAN:GROY) Stock Price Up 9.6% - Here's Why

Gold Royalty logo with Basic Materials background

Gold Royalty Corp. (NYSEAMERICAN:GROY - Get Free Report) shot up 9.6% during trading on Wednesday . The company traded as high as $2.23 and last traded at $2.16. 4,375,439 shares traded hands during mid-day trading, an increase of 205% from the average session volume of 1,432,975 shares. The stock had previously closed at $1.97.

Gold Royalty Trading Up 5.6%

The firm has a market capitalization of $332.24 million, a P/E ratio of -13.41 and a beta of 1.02. The firm has a 50 day simple moving average of $1.65 and a two-hundred day simple moving average of $1.43. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 1.41.

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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