Gold Royalty (NYSEAMERICAN:GROY) Trading 8.4% Higher - Should You Buy?

Key Points

• Gold Royalty Corp. shares rose by 8.4% during trading, reaching a price of $2.72, with a significant trading volume increase of 89% compared to the average.
• The company has a market cap of $463.68 million, a negative price-to-earnings ratio of -136.00, and a low debt-to-equity ratio of 0.09.
• Gold Royalty focuses on providing financing solutions for the metals and mining industry by acquiring royalties and similar interests to build an investment portfolio.

Shares of Gold Royalty Corp. (NYSEAMERICAN:GROY - ) traded up 8.4% during trading on Friday . The stock traded as high as $2.72 and last traded at $2.72. 2,543,787 shares were traded during trading, an increase of 89% from the average session volume of 1,343,778 shares. The stock had previously closed at $2.51.

Gold Royalty Trading Up 8.4%

The stock has a market cap of $463.68 million, a price-to-earnings ratio of -136.00 and a beta of 0.94. The firm's 50 day moving average is $2.18 and its two-hundred day moving average is $1.63. 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

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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