rts logo

New Big Money Means Royal Gold, Inc (RGLD) Investors Could Reap Benefit

Royal Gold, Inc (NASDAQ: RGLD) is 41.41% higher on its value in year-to-date trading and has touched a low of $118.00 and a high of $185.65 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 $185.00 in the last trading session, with the day’s gains setting it 1.45%.

Currently trading at $186.45, the stock is 12.71% and 19.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing 0.78% at the moment leaves the stock 29.35% off its SMA200. RGLD registered 54.08% gain for a year compared to 6-month gain of 31.01%. The firm has a 50-day simple moving average (SMA 50) of $156.1548 and a 200-day simple moving average (SMA200) of $144.1409.

The stock witnessed a 20.56% loss in the last 1 month and extending the period to 3 months gives it a 36.30%, and is 13.32% 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 3.59% over the week and 3.59% over the month.

Royal Gold, Inc (RGLD) has around 30 employees, a market worth around $12.27B and $719.39M in sales. Current P/E ratio is 36.94 and Fwd P/E is 24.07. Profit margin for the company is 46.15%. Distance from 52-week low is 58.01% and 0.43% from its 52-week high. The company has generated returns on investments over the last 12 months (10.63%).

The EPS is expected to grow by 26.59% this year

721.0 institutions hold shares in Royal Gold, Inc (RGLD), with institutional investors hold 88.67% of the company’s shares. The shares outstanding are 65.69M, and float is at 65.56M with Short Float at 2.63%. Institutions hold 88.34% 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 13.2643 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 10.6646 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 5.6375 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 Shefman Randy, the company’s SVP & General Counsel. SEC filings show that Shefman Randy sold 1,300 shares of the company’s common stock on Mar 17 ’25 at a price of $154.98 per share for a total of $0.2 million. Following the sale, the insider now owns 9360.0 shares.

Still, SEC filings show that on Mar 11 ’25, Breeze Daniel (SVP Corp Dev of RGLD Gold AG) disposed off 705 shares at an average price of $154.00 for $0.11 million. The insider now directly holds 20,379 shares of Royal Gold, Inc (RGLD).

Related Posts