Gold Royalty Stock Fair Value – Gold Royalty Corp. Sees -2.83% Drop in Price to Earnings Ratio for 2023.
March 14, 2023
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Gold Royalty ($NYSEAM:GROY) Corp. closed Tuesday at $2.06, down -2.83% from the previous day’s close and -$0.06 from the prior day’s close. This price drop translates to a -2.83% decrease in the company’s Price to Earnings Ratio (P/E) for 2023. The P/E ratio is an important measure of a company’s financial health and performance, and Gold Royalty Corp.’s drop in P/E indicates that the company’s operation and management may not be as efficient or effective as desired. Overall, this -2.83% drop in the P/E ratio has put a damper on investors’ outlook of Gold Royalty Corp. and its future prospects.
Analysts are keeping a close eye on the company to see how it responds to this latest development, and investors are waiting to see if the stock price will continue to decline. Although it is too early to determine the full effects of this drop, it is important to note that the company’s P/E ratio provides insight into its financial health and performance.
Price History
On Thursday, Gold Royalty Corp. saw a 2.83% drop in its Price to Earnings (P/E) ratio for 2023, with the stock opening at $2.1 and closing at $2.0, down by 2.0% from its last closing price of $2.0. Investors have reacted negatively to the news, as they continue to be wary of the company’s outlook in the near future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gold Royalty. More…
| Total Revenues | Net Income | Net Margin |
| 3.94 | -17.35 | -454.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gold Royalty. More…
| Operations | Investing | Financing |
| -19.26 | 10.58 | 5.83 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gold Royalty. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 688.61 | 152.4 | 3.73 |
Key Ratios Snapshot
Some of the financial key ratios for Gold Royalty are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| – | – | -424.1% |
| FCF Margin | ROE | ROA |
| -988.1% | -2.0% | -1.5% |
Analysis – Gold Royalty Stock Fair Value
At GoodWhale, we recently conducted an analysis of GOLD ROYALTY‘s financials. Our proprietary Valuation Line helps us to determine the intrinsic value of GOLD ROYALTY share, which calculated at around $12.8. Currently, GOLD ROYALTY stock is traded at $2.0, which is undervalued by a huge 84.4%. This indicates that GOLD ROYALTY could be an attractive investment target right now. More…
Peers
Gold royalty companies have seen increased competition in recent years as the industry has taken off. Gold Royalty Corp is one of the leading companies in the field, and its competitors Vox Royalty Corp, Triple Flag Precious Metals Corp, and Yintai Gold Co Ltd are all vying for a piece of the pie. These companies are all looking to get a piece of the action by providing investors with a way to invest in gold without having to physically own it.
– Vox Royalty Corp ($TSXV:VOX)
Vox Royalty Corp is a Canadian mineral royalty company. The company owns a portfolio of over 150 mineral royalties, covering a variety of metals and minerals. Vox Royalty’s focus is on building a diversified portfolio of high-quality royalties, with a view to generating long-term, sustainable royalty income for shareholders. The company has a market cap of 128.75M as of 2022 and a Return on Equity of -2.32%.
– Triple Flag Precious Metals Corp ($TSX:TFPM)
Triple Flag Precious Metals Corp is a precious metals streaming and royalty company with a focus on gold. It has a market cap of 2.47B and a ROE of 2.62%. The company has a portfolio of high-quality assets and a strong management team with a proven track record in the precious metals industry. Triple Flag is well-positioned to continue growing its business and generating shareholder value.
– Yintai Gold Co Ltd ($SZSE:000975)
Yintai Gold Co Ltd is a large-scale gold producer in China with a market cap of 36.79B as of 2022. The company has a long history dating back to the early days of China’s modern gold industry, and today it is one of the leading gold producers in the country. Yintai Gold Co Ltd is also one of the largest gold retailers in China, with a nationwide network of gold shops. The company’s return on equity (ROE) is 10.4%.
Summary
Gold Royalty Corp. has seen a decrease of 2.83% in its Price to Earnings Ratio for 2023. This drop could indicate a weak outlook for the company. Investors should closely monitor its performance to determine if this decrease is a short-term trend or long-term downward trend. It is important to consider the company’s other financial performance indicators such as earnings, cash flow, liquidity, and return on equity. Investors should also consider any macroeconomic factors that may be affecting the company’s performance.
Additionally, it is important to analyze the competitive landscape to evaluate potential risks or opportunities that may arise.
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