Is Gold Royalty Stock a Good Investment?
Gold Royalty Investment Advice | GROY |
- Examine Gold Royalty's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Gold Royalty's leadership team and their track record. Good management can help Gold Royalty navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Precious Metals & Minerals space and any emerging trends that could impact Gold Royalty's business and its evolving consumer preferences.
- Compare Gold Royalty's performance and market position to its competitors. Analyze how Gold Royalty is positioned in terms of product offerings, innovation, and market share.
- Check if Gold Royalty pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Gold Royalty's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Gold Royalty Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Gold Royalty Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Not Available | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Gold Royalty Stock
Researching Gold Royalty's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 26.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.42. Some equities with similar Price to Book (P/B) outperform the market in the long run. Gold Royalty Corp recorded a loss per share of 0.02. The entity last dividend was issued on the 16th of June 2023.
To determine if Gold Royalty is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Gold Royalty's research are outlined below:
| Gold Royalty Corp may become a speculative penny stock | |
| Gold Royalty Corp had very high historical volatility over the last 90 days | |
| Gold Royalty Corp has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 10.1 M. Net Loss for the year was (3.41 M) with profit before overhead, payroll, taxes, and interest of 9.84 M. | |
| Gold Royalty Corp has a poor financial position based on the latest SEC disclosures | |
| About 26.0% of the company shares are held by company insiders |
Gold Royalty uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Gold Royalty Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Gold Royalty's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 25th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 25th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Gold Royalty's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 231.96 M.Gold Royalty's profitablity analysis
The company has Profit Margin (PM) of (0.34) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.56) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.56.Determining Gold Royalty's profitability involves analyzing its financial statements and using various financial metrics to determine if Gold Royalty is a good buy. For example, gross profit margin measures Gold Royalty's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Gold Royalty's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Gold Royalty's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Gold Royalty Corp. Check Gold Royalty's Beneish M Score to see the likelihood of Gold Royalty's management manipulating its earnings.
Basic technical analysis of Gold Stock
As of the 23rd of March, Gold Royalty retains the Market Risk Adjusted Performance of (0.56), downside deviation of 3.54, and Risk Adjusted Performance of 0.0938. Gold Royalty technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Gold Royalty's Outstanding Corporate Bonds
Gold Royalty issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Gold Royalty Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Gold bonds can be classified according to their maturity, which is the date when Gold Royalty Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Gold Royalty's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Gold Royalty's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0938 | |||
| Market Risk Adjusted Performance | (0.56) | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 3.1 | |||
| Downside Deviation | 3.54 | |||
| Coefficient Of Variation | 1023.44 | |||
| Standard Deviation | 3.16 | |||
| Variance | 9.98 | |||
| Information Ratio | 0.1159 | |||
| Jensen Alpha | 0.2631 | |||
| Total Risk Alpha | 0.5387 | |||
| Sortino Ratio | 0.1033 | |||
| Treynor Ratio | (0.57) | |||
| Maximum Drawdown | 22.79 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 4.26 | |||
| Downside Variance | 12.55 | |||
| Semi Variance | 9.64 | |||
| Expected Short fall | (2.57) | |||
| Skewness | (0.57) | |||
| Kurtosis | 4.4 |
| Risk Adjusted Performance | 0.0938 | |||
| Market Risk Adjusted Performance | (0.56) | |||
| Mean Deviation | 2.3 | |||
| Semi Deviation | 3.1 | |||
| Downside Deviation | 3.54 | |||
| Coefficient Of Variation | 1023.44 | |||
| Standard Deviation | 3.16 | |||
| Variance | 9.98 | |||
| Information Ratio | 0.1159 | |||
| Jensen Alpha | 0.2631 | |||
| Total Risk Alpha | 0.5387 | |||
| Sortino Ratio | 0.1033 | |||
| Treynor Ratio | (0.57) | |||
| Maximum Drawdown | 22.79 | |||
| Value At Risk | (3.38) | |||
| Potential Upside | 4.26 | |||
| Downside Variance | 12.55 | |||
| Semi Variance | 9.64 | |||
| Expected Short fall | (2.57) | |||
| Skewness | (0.57) | |||
| Kurtosis | 4.4 |
Consider Gold Royalty's intraday indicators
Gold Royalty intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Gold Royalty stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Gold Royalty time-series forecasting models is one of many Gold Royalty's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Gold Royalty's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.
Gold Stock media impact
Far too much social signal, news, headlines, and media speculation about Gold Royalty that are available to investors today. That information is available publicly through Gold media outlets and privately through word of mouth or via Gold internal channels. However, regardless of the origin, that massive amount of Gold data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Gold Royalty news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Gold Royalty relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Gold Royalty's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Gold Royalty alpha.
Gold Royalty Corporate Management
| Katherine Arblaster | Vice Sustainability | Profile | |
| PEng CFA | Vice Markets | Profile | |
| BCom BComm | Pres CEO | Profile | |
| Josephine Man | Chief Officer | Profile | |
| Ryan Hass | Manager FPA | Profile | |
| Alastair Still | Director Services | Profile |
Additional Tools for Gold Stock Analysis
When running Gold Royalty's price analysis, check to measure Gold Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gold Royalty is operating at the current time. Most of Gold Royalty's value examination focuses on studying past and present price action to predict the probability of Gold Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gold Royalty's price. Additionally, you may evaluate how the addition of Gold Royalty to your portfolios can decrease your overall portfolio volatility.