Gold Royalty (NYSEAMERICAN:GROY) Trading Down 7.9% - Should You Sell?

Key Points

• Gold Royalty Corp. (NYSEAMERICAN:GROY) experienced a 7.9% decline in stock price during trading on Thursday, closing at $3.75.
• The company's market capitalization is approximately $632.44 million, with a P/E ratio of -371.00 and a beta of 1.00.
• Gold Royalty focuses on providing financing solutions for the metals and mining industry by acquiring royalties, streams, and similar interests at various mine life stages.

Gold Royalty Corp. (NYSEAMERICAN:GROY - ) traded down 7.9% during trading on Thursday . The company traded as low as $3.71 and last traded at $3.75. 2,002,373 shares traded hands during trading, an increase of 9% from the average session volume of 1,836,285 shares. The stock had previously closed at $4.07.

Gold Royalty Stock Down 8.8%

The stock has a market capitalization of $632.44 million, a P/E ratio of -371.00 and a beta of 1.00. The company's 50-day moving average price is $3.48 and its 200 day moving average price is $2.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.56 and a current ratio of 1.56.

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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