Gold Royalty (NYSEAMERICAN:GROY – Get Free Report)‘s stock had its “buy” rating restated by equities researchers at HC Wainwright in a report issued on Tuesday, Benzinga reports. They presently have a $5.75 target price on the stock. HC Wainwright’s target price would indicate a potential upside of 187.50% from the company’s previous close. HC Wainwright also issued estimates for Gold Royalty’s FY2024 earnings at ($0.02) EPS.
Gold Royalty Trading Up 0.5 %
Shares of GROY opened at $2.00 on Tuesday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.06. Gold Royalty has a 12 month low of $1.18 and a 12 month high of $2.37. The firm has a market cap of $291.44 million, a price-to-earnings ratio of -11.11 and a beta of 1.19.
Gold Royalty (NYSEAMERICAN:GROY – Get Free Report) last issued its earnings results on Wednesday, March 27th. The company reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.02) by $0.03. The business had revenue of $1.02 million for the quarter. Gold Royalty had a negative return on equity of 0.75% and a negative net margin of 877.82%. Equities analysts expect that Gold Royalty will post 0.01 earnings per share 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 attractive returns for its investors.
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