Royal Gold, Inc (NASDAQ: RGLD) is 3.34% higher on its value in year-to-date trading and has touched a low of $100.55 and a high of $155.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RGLD stock was last observed hovering at around $133.63 in the last trading session, with the day’s gains setting it 2.62%.
Currently trading at $136.25, the stock is -1.34% and -4.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.4 million and changing 1.96% at the moment leaves the stock 0.95% off its SMA200. RGLD registered 13.48% gain for a year compared to 6-month gain of 2.37%. The firm has a 50-day simple moving average (SMA 50) of $143.0938 and a 200-day simple moving average (SMA200) of $134.9662.
The stock witnessed a -5.55% loss in the last 1 month and extending the period to 3 months gives it a -1.05%, and is 3.34% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.92% over the week and 2.13% over the month.
Royal Gold, Inc (RGLD) has around 30 employees, a market worth around $8.96B and $669.50M in sales. Current P/E ratio is 31.18 and Fwd P/E is 20.82. Profit margin for the company is 42.93%. Distance from 52-week low is 35.50% and -12.16% from its 52-week high. The company has generated returns on investments over the last 12 months (9.46%).
The EPS is expected to grow by 43.57% this year
660.0 institutions hold shares in Royal Gold, Inc (RGLD), with institutional investors hold 87.76% of the company’s shares. The shares outstanding are 65.69M, and float is at 65.54M with Short Float at 2.20%. Institutions hold 87.48% of the Float.
The top institutional shareholder in the company is CAPITAL WORLD INVESTORS with over 8.71 million shares valued at $1.09 billion. The investor’s holdings represent 13.272 of the RGLD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 7.0 million shares valued at $876.29 million to account for 10.6707 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 6.61 million shares representing 10.0756 and valued at over $827.42 million, while STATE STREET CORP holds 5.6407 of the shares totaling 3.7 million with a market value of $463.22 million.
Royal Gold, Inc (RGLD) Insider Activity
The most recent transaction is an insider sale by Heissenbuttel William Holmes, the company’s President & CEO. SEC filings show that Heissenbuttel William Holmes sold 1,500 shares of the company’s common stock on Dec 16 ’24 at a price of $146.08 per share for a total of $0.22 million. Following the sale, the insider now owns 0.11 million shares.
Royal Gold, Inc disclosed in a document filed with the SEC on Dec 11 ’24 that Libner Paul (SVP & CFO) sold a total of 1,756 shares of the company’s common stock. The trade occurred on Dec 11 ’24 and was made at $153.00 per share for $0.27 million. Following the transaction, the insider now directly holds 18482.0 shares of the RGLD stock.
Still, SEC filings show that on Dec 11 ’24, PAUL LIBNER (Officer) Proposed Sale 1,756 shares at an average price of $153.00 for $0.27 million. The insider now directly holds shares of Royal Gold, Inc (RGLD).
