Gold Royalty (NYSEAMERICAN:GROY) Reaches New 52-Week High – Should You Buy?
by Kim Johansen · The Markets DailyShares of Gold Royalty Corp. (NYSEAMERICAN:GROY – Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $5.28 and last traded at $5.21, with a volume of 6182441 shares traded. The stock had previously closed at $4.95.
Gold Royalty Price Performance
The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -130.25 and a beta of 0.98. The company’s fifty day moving average is $4.17 and its 200 day moving average is $3.60. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.09.
Gold Royalty Company Profile
Gold Royalty Corp is a precious metals royalty and streaming company that focuses on acquiring and managing royalty interests in gold, silver and other metal assets. The company provides upfront funding to mining operators in exchange for a percentage of future metal production, offering an alternative financing model that can reduce capital requirements and accelerate development timelines for mining projects.
The firm’s diversified portfolio spans royalty and stream agreements across the Americas, with interests in operating mines, development‐stage assets and advanced exploration projects.