Gold Royalty (NYSE:GROY) Releases Earnings Results, Beats Estimates By $0.03 EPS

Gold Royalty (NYSE:GROYGet Free Report) posted its earnings results on Monday. The company reported $0.02 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.03, Zacks reports. The firm had revenue of $2.06 million during the quarter. Gold Royalty had a negative net margin of 381.76% and a negative return on equity of 0.53%.

Gold Royalty Trading Down 4.9 %

Shares of NYSE GROY traded down $0.07 during trading hours on Wednesday, hitting $1.37. 685,115 shares of the company traded hands, compared to its average volume of 912,716. The firm’s 50 day moving average is $1.37. Gold Royalty has a 12 month low of $1.17 and a 12 month high of $2.21. The company has a market capitalization of $231.63 million, a PE ratio of -8.62 and a beta of 0.94. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.09.

Analyst Ratings Changes

Separately, HC Wainwright dropped their price objective on shares of Gold Royalty from $5.75 to $5.50 and set a “buy” rating for the company in a research note on Tuesday.

View Our Latest Stock Report on GROY

Gold Royalty Company Profile

(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 returns for its investors.

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Earnings History for Gold Royalty (NYSE:GROY)

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