At the time of writing, Gold Royalty Corp [GROY] stock is trading at $1.50, up 6.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GROY shares have gain 8.70% over the last week, with a monthly amount glided 14.50%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Gold Royalty Corp [AMEX: GROY] stock has seen the most recent analyst activity on June 03, 2024, when Raymond James upgraded its rating to a Outperform but kept the price target unchanged to $2.75 for it. Previously, BMO Capital Markets upgraded its rating to Outperform on June 03, 2024. On June 29, 2023, Scotiabank initiated with a Sector Outperform rating and assigned a price target of $3 on the stock. National Bank Financial started tracking the stock assigning a Outperform rating and suggested a price target of $2.85 on June 08, 2023. Raymond James initiated its recommendation with a Mkt Perform and recommended $3.75 as its price target on July 25, 2022. BMO Capital Markets started tracking with a Market Perform rating for this stock on February 10, 2022, and assigned it a price target of $5.50.
For the past year, the stock price of Gold Royalty Corp fluctuated between $1.17 and $2.21. Currently, Wall Street analysts expect the stock to reach $4.42 within the next 12 months. Gold Royalty Corp [AMEX: GROY] shares were valued at $1.50 at the most recent close of the market. An investor can expect a potential return of 194.67% based on the average GROY price forecast.
Analyzing the GROY fundamentals
According to Gold Royalty Corp [AMEX:GROY], the company’s sales were 6.50M for trailing twelve months, which represents an 283.33% jump. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at -4.4%, Pretax Profit Margin comes in at -13.0%, and Net Profit Margin reading is -10.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.05 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.4400 points at the first support level, and at 1.3800 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5300, and for the 2nd resistance point, it is at 1.5600.
Ratios To Look Out For
It is important to note that Gold Royalty Corp [AMEX:GROY] has a current ratio of 1.69. Also, the Quick Ratio is 1.69, while the Cash Ratio stands at 0.37. Considering the valuation of this stock, the price to sales ratio is 39.02, the price to book ratio is 0.46.
