Gold Royalty Corp. (AMEX:GROY) price closed lower on Monday, September 13, dropping -3.02% below its previous close.
A look at the daily price movement shows that the last close reads $5.30, with intraday deals fluctuated between $4.98 and $5.29. Taking into account the 52-week price action we note that the stock hit a 52-week high of $7.08 and 52-week low of $3.39. The stock added 5.98% on its value in the past month.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews.
Here is a look at the average analyst rating for the stock as represented on a scale of 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock is strong buy or strong sell respectively. Specifically, 1 analysts have assigned GROY a recommendation rating as follows: 0 rate it as a Hold; 1 advise Buy while 0 analyst(s) assign an Overweight rating. 0 analyst(s) have tagged the Gold Royalty Corp. (GROY) stock as Underweight, with 0 recommending Sell. In general, analysts have rated the stock Buy, a scenario likely to bolster investors out for an opportunity to add to their holdings of the company’s shares.
The overview shows that GROY’s price is at present 14.31% off the SMA20 and 5.92% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 59.33, with weekly volatility standing at 6.32%. The indicator jumps to 6.12% when calculated based on the past 30 days. Gold Royalty Corp. (AMEX:GROY)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 0.32. Considering analysts have assigned the stock a price target range of $7.75-$7.75 as the low and high respectively, we find the trailing 12-month average consensus price target to be $7.75. Based on this estimate, we see that current price is roughly -50.78% off the estimated low and -50.78% off the forecast high. Investors will no doubt be excited to see the share price fall to $7.75, which is the median consensus price, and at that level GROY would be -50.78% from current price.
An analysis of the Gold Royalty Corp. (AMEX:GROY) stock in terms of its daily trading volume indicates that the 3-month average is 564.34K.
Current records show that the company has 41.62M in outstanding shares. The insiders’ percentage holdings are 53.98% of outstanding shares while the percentage share held by institutions stands at 1.39%. But the 43.58% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.