Gold Royalty (NYSEAMERICAN:GROY) Trading Up 0.5% - What's Next?

Key Points

• Gold Royalty Corp. shares increased by 0.5% to $3.80, with a market capitalization of approximately $647.79 million.
• The company's debt-to-equity ratio stands at 0.09, indicating a low level of debt relative to equity.
• Gold Royalty specializes in providing financing solutions within the metals and mining industry through acquiring royalties and streams.

Gold Royalty Corp. (NYSEAMERICAN:GROY - )'s share price was up 0.5% on Tuesday . The stock traded as high as $3.92 and last traded at $3.80. Approximately 1,881,971 shares traded hands during trading, a decline of 31% from the average daily volume of 2,746,122 shares. The stock had previously closed at $3.78.

Gold Royalty Price Performance

The company has a debt-to-equity ratio of 0.09, a current ratio of 1.56 and a quick ratio of 1.56. The stock has a market capitalization of $647.79 million, a P/E ratio of -380.00 and a beta of 0.99. The company's 50 day simple moving average is $3.17 and its two-hundred day simple moving average is $2.25.

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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