Gold Royalty Corp (AMEX: GROY) is -13.61% lower on its value in year-to-date trading and has touched a low of $1.17 and a high of $2.21 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GROY stock was last observed hovering at around $1.29 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.27, the stock is -4.15% and -8.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing -1.55% at the moment leaves the stock -19.00% off its SMA200. GROY registered -18.06% loss for a year compared to 6-month loss of -18.59%. The firm has a 50-day simple moving average (SMA 50) of $1.3838 and a 200-day simple moving average (SMA200) of $1.56975.
The stock witnessed a -13.61% gain in the last 1 month and extending the period to 3 months gives it a 0.00%, and is -0.78% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.05% over the week and 4.05% over the month.
Gold Royalty Corp (GROY) has around 15 employees, a market worth around $216.71M and $7.76M in sales. Fwd P/E is 57.31. Profit margin for the company is -252.16%. Distance from 52-week low is 8.55% and -42.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.21%).
with sales reaching $4.94M over the same period.The EPS is expected to grow by 113.56% this year, but quarterly earnings will post 258.48% year-over-year.
Gold Royalty Corp (GROY) Top Institutional Holders
78.0 institutions hold shares in Gold Royalty Corp (GROY), with institutional investors hold 17.44% of the company’s shares. The shares outstanding are 169.31M, and float is at 141.15M with Short Float at 4.27%. Institutions hold 12.94% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 6.66 million shares valued at $9.39 million. The investor’s holdings represent 4.8703% of the GROY Shares outstanding. As of 2024-06-30, the second largest holder is ORION RESOURCE PARTNERS LP with 2.91 million shares valued at $4.1 million to account for 2.1249 of the shares outstanding. The other top investors are BANK OF MONTREAL /CAN/ which holds 2.44 million shares representing 1.7865% and valued at over $3.96 million, while AMITELL CAPITAL PTE LTD holds 1.0249 of the shares totaling 1.4 million with a market value of $1.98 million.
Gold Royalty Corp (GROY) Insider Activity
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