Gold Royalty (NYSEAMERICAN:GROY) Shares Up 6.2% – Should You Buy?

Gold Royalty Corp. (NYSEAMERICAN:GROY)’s share price shot up 6.2% during mid-day trading on Tuesday . The stock traded as high as $1.71 and last traded at $1.71. 1,983,197 shares were traded during trading, an increase of 55% from the average session volume of 1,280,029 shares. The stock had previously closed at $1.61.

Gold Royalty Trading Up 6.2%

The firm has a market capitalization of $249.18 million, a PE ratio of -10.06 and a beta of 1.02. The company’s 50-day moving average price is $1.49 and its 200-day moving average price is $1.38. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.41 and a current ratio of 1.41.

Gold Royalty Company Profile

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.