Take A Look At Insider Trading For Gold Royalty Corp. (GROY)

The stock of Gold Royalty Corp. (AMEX:GROY) decreased by -$0.06 on Tuesday to $2.16, down -2.70 percent. The last five days have seen an average of 368,536 shares of common stock traded. 2 times new highs were reached in the current year, with a fall of -$0.16. The average number of shares traded over the last 20 days was 543,784, while the average volume over the last 50 days totaled 427,348.

GROY stock appreciated 0.93% since last month. On 03/16/23, the company’s shares reached a one-month low of $1.99. The stock touched a high of $4.45 on 01/04/23, after rallying from a low of $1.99 in 52 weeks. The price of GROY stock has declined by -7.30% or -$0.16 this year, reaching a new high 2 times. Still, the stock price is down -51.46% from the 52-week high.

Financial Health

For the three months ended December 30, Gold Royalty Corp.’s quick ratio was 2.40, while its current ratio was 2.40, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 55.50% percent. Based on annual data, it had gross profit of $2.19 million and revenue of $3.94 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. GROY’s return on assets (ROA) during the last 12 months has been -2.60%. There was a -3.90% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -3.30%.

Earnings Surprise

According to Gold Royalty Corp.’s quarterly financial report for the quarter that ended December 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.94 million, while revenues rose by 100.0% to $0.0. It was predicted that Gold Royalty Corp.’s quarterly earnings would be -$0.02, but it ended up being -$0.02. EBITDA was -$2.78 million for the quarter. At the end of Gold Royalty Corp.’s most recent quarter ended December 30, its liabilities totaled 152.4 million, while its total debt was $9.66 million.

Technical Picture

Here’s a quick look at Gold Royalty Corp.’s (GROY) price momentum from a technical perspective. As of 27 March, the RSI 9-day stood at 52.78%, suggesting the stock is Neutral, with a 48.28% historical volatility rate.

The stochastic %K and %D were 85.49% and 78.54% respectively, while the average true range (ATR) was 0.11. Based on the 14-day stochastic reading of 78.22%, the RSI (14) reading is 50.18%. On the 9-day MACD Oscillator, the stock is at 0.05, and the 14-day reading is at 0.07.

Analyst Ratings

In its analyst report released on July 25, 2022, Raymond James began covering Gold Royalty Corp. (AMEX: GROY). The stock was rated as a Mkt perform by the brokerage firm. Analysts have assigned Gold Royalty Corp. (GROY) an Overweight rating. GROY is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 3 others recommend it as a buy.

What is GROY’s price target for the next 12 months?

The current consensus forecast for the stock is between $3.75 and $9.00, with a median target price of $4.50. In analyzing these forecasts, the average price target given by analysts for Gold Royalty Corp. (GROY) is $5.45.

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