Gold Royalty (GROY) to Release Earnings on Thursday

Gold Royalty (NYSEAMERICAN:GROYGet Free Report) will be releasing its earnings data on Thursday, March 28th.

Gold Royalty Trading Up 0.5 %

NYSEAMERICAN:GROY opened at $1.92 on Wednesday. The firm has a market capitalization of $279.78 million, a P/E ratio of -27.43 and a beta of 1.16. Gold Royalty has a twelve month low of $1.18 and a twelve month high of $2.48. The company has a current ratio of 1.79, a quick ratio of 1.79 and a debt-to-equity ratio of 0.03.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GROY. Raymond James dropped their target price on shares of Gold Royalty from $3.50 to $3.00 and set a “market perform” rating on the stock in a report on Friday, December 1st. BMO Capital Markets dropped their target price on shares of Gold Royalty from $3.50 to $3.00 and set a “market perform” rating on the stock in a report on Thursday, December 7th. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, Gold Royalty presently has a consensus rating of “Moderate Buy” and an average target price of $3.28.

Check Out Our Latest Stock Analysis on Gold Royalty

Hedge Funds Weigh In On Gold Royalty

A number of hedge funds have recently bought and sold shares of the business. Y Intercept Hong Kong Ltd purchased a new stake in shares of Gold Royalty during the 2nd quarter valued at about $32,000. Advisor Group Holdings Inc. increased its position in shares of Gold Royalty by 118.7% during the 4th quarter. Advisor Group Holdings Inc. now owns 15,310 shares of the company’s stock valued at $35,000 after purchasing an additional 8,310 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Gold Royalty during the 2nd quarter valued at about $37,000. Millennium Management LLC purchased a new stake in shares of Gold Royalty during the 2nd quarter valued at about $39,000. Finally, Cetera Investment Advisers purchased a new stake in shares of Gold Royalty during the 4th quarter valued at about $39,000. Hedge funds and other institutional investors own 33.75% of the company’s stock.

About Gold Royalty

(Get Free Report)

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 attractive returns for its investors.

Further Reading

Earnings History for Gold Royalty (NYSEAMERICAN:GROY)

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