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1.35
2.88%
-0.04
After Hours:
1.35
Why is Gold Royalty Corp (GROY) Stock down?
We've noticed a 5.04% decline in Gold Royalty Corp (GROY) stock during the 2025-02-25 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
10 Aug, 2023:
Gold Royalty Corp Stock (GROY) dropped by 1.81% from $1.66 to $1.63 in the trading on Thursday August 10, 2023. The reasons why GROY stock down today include:
- Declined revenue: Gold Royalty reported total revenue of $468 thoudsands, down from $1.91 million year-over-year. The decline were lower than expected primarily due to resequencing of production at the Barnat Pit at Canadian Malartic.
- Q3 estimates: Gold Royalty forecasts Q3 adjusted EPS of $(0.02), missing the estimate of $(0.01). The company expects to incur $7.0 to $8.0 million in recurring cash operating expenses in 2023.
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