Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) CFO Stefan Wenger sold 1,129 shares of the stock in a transaction that occurred on Tuesday, July 25th. The shares were sold at an average price of $85.00, for a total transaction of $95,965.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Stefan Wenger also recently made the following trade(s):

  • On Wednesday, July 12th, Stefan Wenger sold 500 shares of Royal Gold stock. The shares were sold at an average price of $80.00, for a total transaction of $40,000.00.
  • On Monday, July 3rd, Stefan Wenger sold 1,500 shares of Royal Gold stock. The shares were sold at an average price of $77.05, for a total transaction of $115,575.00.
  • On Thursday, June 1st, Stefan Wenger sold 2,000 shares of Royal Gold stock. The shares were sold at an average price of $80.06, for a total transaction of $160,120.00.
  • On Wednesday, May 17th, Stefan Wenger sold 2,500 shares of Royal Gold stock. The shares were sold at an average price of $80.00, for a total transaction of $200,000.00.
  • On Thursday, May 11th, Stefan Wenger sold 500 shares of Royal Gold stock. The shares were sold at an average price of $75.00, for a total transaction of $37,500.00.
  • On Monday, May 1st, Stefan Wenger sold 1,000 shares of Royal Gold stock. The shares were sold at an average price of $70.40, for a total transaction of $70,400.00.

Shares of Royal Gold, Inc. (NASDAQ RGLD) traded down 0.63% on Thursday, hitting $85.62. 557,707 shares of the stock traded hands. The firm’s 50 day moving average is $78.98 and its 200 day moving average is $72.91. Royal Gold, Inc. has a 52 week low of $60.21 and a 52 week high of $87.74. The firm has a market capitalization of $5.59 billion, a PE ratio of 54.71 and a beta of 0.66.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last announced its quarterly earnings data on Wednesday, May 10th. The basic materials company reported $0.36 EPS for the quarter, missing the Zacks’ consensus estimate of $0.38 by $0.02. The business had revenue of $107 million during the quarter, compared to the consensus estimate of $105.14 million. Royal Gold had a return on equity of 4.22% and a net margin of 23.93%. The business’s revenue for the quarter was up 14.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.29 EPS. On average, analysts expect that Royal Gold, Inc. will post $1.65 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Friday, July 21st. Investors of record on Friday, July 7th were issued a dividend of $0.24 per share. The ex-dividend date was Wednesday, July 5th. This represents a $0.96 dividend on an annualized basis and a yield of 1.12%. Royal Gold’s payout ratio is 61.15%.

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A number of institutional investors have recently modified their holdings of the company. Van ECK Associates Corp increased its position in shares of Royal Gold by 15.8% in the first quarter. Van ECK Associates Corp now owns 4,901,086 shares of the basic materials company’s stock worth $343,321,000 after buying an additional 667,497 shares during the last quarter. Vanguard Group Inc. increased its position in Royal Gold by 6.5% in the first quarter. Vanguard Group Inc. now owns 5,778,135 shares of the basic materials company’s stock valued at $404,759,000 after buying an additional 355,155 shares in the last quarter. Bank of Montreal Can increased its position in Royal Gold by 702.0% in the second quarter. Bank of Montreal Can now owns 201,972 shares of the basic materials company’s stock valued at $15,788,000 after buying an additional 176,787 shares in the last quarter. First Eagle Investment Management LLC increased its position in Royal Gold by 5.0% in the first quarter. First Eagle Investment Management LLC now owns 3,406,065 shares of the basic materials company’s stock valued at $238,595,000 after buying an additional 162,884 shares in the last quarter. Finally, State Street Corp increased its position in Royal Gold by 4.8% in the first quarter. State Street Corp now owns 2,354,371 shares of the basic materials company’s stock valued at $164,922,000 after buying an additional 108,212 shares in the last quarter. Institutional investors and hedge funds own 70.56% of the company’s stock.

RGLD has been the subject of several research analyst reports. BidaskClub upgraded shares of Royal Gold from a “buy” rating to a “strong-buy” rating in a research report on Tuesday. Zacks Investment Research downgraded shares of Royal Gold from a “buy” rating to a “hold” rating in a research report on Tuesday, July 18th. Barclays PLC restated an “overweight” rating and issued a $84.00 price target (up previously from $83.00) on shares of Royal Gold in a research report on Tuesday, June 6th. BMO Capital Markets restated a “buy” rating and issued a $95.00 price target on shares of Royal Gold in a research report on Friday, May 26th. Finally, Macquarie downgraded shares of Royal Gold from an “outperform” rating to a “neutral” rating in a research report on Wednesday, July 12th. Six equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $89.77.

About Royal Gold

Royal Gold, Inc, together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other.

Insider Buying and Selling by Quarter for Royal Gold (NASDAQ:RGLD)

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