Gold Royalty Corp. (NYSEAMERICAN:GROY – Get Free Report) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 6,390,000 shares, an increase of 59.4% from the September 15th total of 4,010,000 shares. Based on an average trading volume of 1,030,000 shares, the short-interest ratio is currently 6.2 days. Approximately 4.6% of the shares of the company are short sold.
Gold Royalty Stock Performance
NYSEAMERICAN GROY traded up $0.02 during midday trading on Monday, hitting $1.40. The company had a trading volume of 799,923 shares, compared to its average volume of 913,775. Gold Royalty has a fifty-two week low of $1.17 and a fifty-two week high of $2.21. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $204.01 million, a price-to-earnings ratio of -8.23 and a beta of 1.02.
Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). The business had revenue of $1.79 million for the quarter. Gold Royalty had a negative return on equity of 0.68% and a negative net margin of 484.60%. Equities research analysts forecast that Gold Royalty will post -0.03 EPS for the current year.
Hedge Funds Weigh In On Gold Royalty
About Gold Royalty
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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