NYSEAM:GROYMetals and Mining
Gold Royalty (GROY) Stock Ignores Profit Turn As Concentration Questions Linger
Gold Royalty stock barely flinched after earnings, slipping less than 1% to about US$2.87, even though the headline was anything but quiet. The company moved further into profit with Q2 net income of US$1.8 million on revenue of US$6.7 million, backed by record first half revenue of US$17.3 million and adjusted earnings before interest, tax, depreciation and amortization that reached US$12.6 million.
The calm share price masks a sharper shift in sentiment. Investors are treating this as...