We consider Gold Royalty risky.
Gold Royalty Corp holds Efficiency (Sharpe) Ratio of 0.0087, which attests that the entity had 0.0087% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific
technical indicators that cannot be
diversified away. We have found twenty-one
technical indicators for Gold Royalty Corp, which you can use to evaluate the future volatility of the firm. Please check out Gold Royalty Downside Deviation of 5.21,
risk adjusted performance of 0.0441, and Market Risk Adjusted Performance of 0.0814 to validate if the risk estimate we provide is consistent with the expected return of 0.0447%.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Gold Royalty income statement, its balance sheet, and the statement of cash flows. Potential Gold Royalty investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Gold Royalty investors may use each financial statement separately, they are all related. The changes in Gold Royalty's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Gold Royalty's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Gold Royalty
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Gold Royalty performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Gold Royalty shares is the value that is considered the true value of the share. If
the intrinsic value of Gold is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Gold Royalty. Please read more on our
fundamental analysis page.
Watch out for price decline
Please consider monitoring Gold Royalty on a daily basis if you are holding a position in it. Gold Royalty is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as Gold Royalty stock to be traded above the $1 level to remain listed. If Gold Royalty stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How effective is Gold Royalty in utilizing its assets?
Gold Royalty Corp reports assets on its Balance Sheet. It represents the amount of Gold resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Gold Royalty aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Precious Metals & Minerals space. To get a better handle on how balance sheet or income statements item affect Gold volatility, please check the breakdown of all its
fundamentals.
Are Gold Royalty Earnings Expected to grow?
The
future earnings power of Gold Royalty involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Gold Royalty factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Gold Royalty
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Gold
expected earnings.
And What about dividends?
A dividend is the distribution of a portion of Gold Royalty earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Gold Royalty dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Gold one year expected dividend income is about USD0.01 per share.
At this time, Gold Royalty's
Dividends Paid is fairly stable compared to the past year.
Dividend Yield is likely to rise to 0.01 in 2024, whereas
Dividend Payout Ratio is likely to drop
(0.09) in 2024.
Investing in stocks that pay
dividends, such as stock of Gold Royalty Corp, is one of many strategies that are good for long-term investments. Ex-dividend dates are significant because investors in Gold Royalty must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Gold Royalty. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
Gold Royalty Gross Profit
Gold Royalty Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Gold Royalty previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Gold Royalty Gross Profit growth over the last 10 years. Please check Gold Royalty's
gross profit and other
fundamental indicators for more details.
A Deeper look at Gold
Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Gold Royalty is not uncomon. There are few distinct groups of Gold Royalty stakehholders that the SEC considers insiders. Investors usually gain information through their work as corporate directors, officers, or employees. If these individuals share the information with a friend, family, or business partner and the person who receives the information exchanges stock in the company, he or shie is also an insider. Let's take a look at how the ownership of Gold Royalty is distributed among investors.
Ownership Allocation
Gold Royalty Corp has a total of one hundred fourty-three million nine hundred twelve thousand nine hundred ninety-two
outstanding shares. Gold Royalty secures significant amount of outstanding shares owned by
insiders. An
insider is usually defined as a CEO, other corporate executive, director, or
institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
| Retail Investors55.01% | Insiders34.46% | Institutions10.53% |
| Retail Investors | 55.01 |
| Insiders | 34.46 |
| Institutions | 10.53 |
Are Gold Royalty technical ratios showing a bounce-back?
Current potential upside is at 8.06. Gold Royalty Corp exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Gold Royalty Corp individually to make sure intended market timing strategies and available technical indicators are consistent with their estimates about Gold Royalty future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Gold Royalty's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Gold Royalty's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Final Perspective on Gold Royalty
When is the right time to buy or sell Gold Royalty Corp? Buying stocks such as Gold Royalty isn't very hard. However, what challenging for most investors is doing it at the right time. Proper
market timing is something most people cannot do without
sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily basis.
To summarize, as of the 28th of December 2022, we believe that at this point, Gold Royalty is risky with
high probability of distress within the next 2 years. From a slightly different point of view, the entity appears to be
undervalued. However, our present 90 days 'Buy-vs-Sell' recommendation on the company is
Strong Sell.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Gold Royalty Corp. Please refer to our
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