Gold Royalty (NYSEAMERICAN:GROY) Shares Down 7.2% – Time to Sell?

Shares of Gold Royalty Corp. (NYSEAMERICAN:GROYGet Free Report) dropped 7.2% during mid-day trading on Friday . The stock traded as low as $1.28 and last traded at $1.29. Approximately 2,105,430 shares were traded during trading, an increase of 90% from the average daily volume of 1,106,660 shares. The stock had previously closed at $1.39.

Gold Royalty Stock Performance

The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $187.98 million, a PE ratio of -7.59 and a beta of 1.02. The company has a 50-day moving average of $1.39.

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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