In the last trading session, 1.41 million Gold Royalty Corp (AMEX:GROY) shares changed hands as the company’s beta touched 0.94. With the company’s per share price at $2.27 changed hands at $0.06 or 2.71% during last session, the market valuation stood at $387.01M. GROY’s last price was a discount, traded about -9.69% off its 52-week high of $2.49. The share price had its 52-week low at $1.16, which suggests the last value was 48.9% up since then. When we look at Gold Royalty Corp’s average trading volume, we note the 10-day average is 2.16 million shares, with the 3-month average coming to 1.97 million.
Analysts gave the Gold Royalty Corp (GROY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.17. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GROY as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Gold Royalty Corp (AMEX:GROY) trade information
Instantly GROY was in green as seen at the end of in last trading. With action 0.44%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 64.49%, with the 5-day performance at 0.44% in the green. However, in the 30-day time frame, Gold Royalty Corp (AMEX:GROY) is 22.70% up. Looking at the short shares, we see there were 5.82 million shares sold at short interest cover period of 2.69 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.5, meaning bulls need an upside of 9.2% from its current market value. According to analyst projections, GROY’s forecast low is 2.5 with 2.5 as the target high. To hit the forecast high, the stock’s price needs a -10.13% plunge from its current level, while the stock would need to soar -10.13% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -36.30%. The 2025 estimates are for Gold Royalty Corp earnings to increase by 8.55%.
GROY Dividends
Gold Royalty Corp is expected to release its next quarterly earnings report on 2025-May-07.
Gold Royalty Corp (AMEX:GROY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 19.99% of Gold Royalty Corp shares while 14.56% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 18.19%. There are 14.56% institutions holding the Gold Royalty Corp stock share, with VAN ECK ASSOCIATES CORP the top institutional holder. As of 2024-06-30, the company held 4.6035% of the shares, roughly 6.66 million GROY shares worth $9.39 million.
ORION RESOURCE PARTNERS LP holds the second largest percentage of outstanding shares, with 2.0086% or 2.91 million shares worth $4.1 million as of 2024-06-30.
