Royal Gold, Inc. (NASDAQ:RGLD) (TSE:RGL) CFO Stefan Wenger sold 1,500 shares of the stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $85.00, for a total transaction of $127,500.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, October 2nd, Stefan Wenger sold 1,500 shares of Royal Gold stock. The shares were sold at an average price of $85.88, for a total transaction of $128,820.00.
  • On Friday, August 18th, Stefan Wenger sold 2,086 shares of Royal Gold stock. The shares were sold at an average price of $87.49, for a total transaction of $182,504.14.

Shares of Royal Gold, Inc. (RGLD) traded up $2.65 during trading hours on Friday, reaching $86.00. 435,620 shares of the company were exchanged, compared to its average volume of 422,035. The stock has a market cap of $5.67 billion, a price-to-earnings ratio of 58.93, a PEG ratio of 5.85 and a beta of 0.49. The company has a current ratio of 3.92, a quick ratio of 4.29 and a debt-to-equity ratio of 0.23.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last issued its quarterly earnings results on Wednesday, November 1st. The basic materials company reported $0.44 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.07. The firm had revenue of $112.50 million during the quarter, compared to analysts’ expectations of $112.43 million. Royal Gold had a net margin of 23.06% and a return on equity of 4.12%. Royal Gold’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 EPS. sell-side analysts predict that Royal Gold, Inc. will post 1.48 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Friday, October 20th. Investors of record on Friday, October 6th were paid a dividend of $0.24 per share. This represents a $0.96 dividend on an annualized basis and a yield of 1.12%. The ex-dividend date of this dividend was Thursday, October 5th. Royal Gold’s dividend payout ratio is currently 62.34%.

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RGLD has been the subject of several research analyst reports. Canaccord Genuity restated a “buy” rating and issued a $114.00 target price on shares of Royal Gold in a report on Sunday, October 22nd. BMO Capital Markets restated a “buy” rating and issued a $95.00 target price on shares of Royal Gold in a report on Wednesday, September 6th. Zacks Investment Research upgraded shares of Royal Gold from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a report on Wednesday, July 12th. BidaskClub upgraded shares of Royal Gold from a “hold” rating to a “buy” rating in a report on Saturday, July 8th. Finally, Royal Bank Of Canada set a $89.00 target price on shares of Royal Gold and gave the company a “buy” rating in a report on Monday, October 23rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $93.32.

Large investors have recently modified their holdings of the stock. Bank of Montreal Can boosted its stake in Royal Gold by 702.0% during the 2nd quarter. Bank of Montreal Can now owns 201,972 shares of the basic materials company’s stock worth $15,788,000 after purchasing an additional 176,787 shares during the period. American Century Companies Inc. boosted its stake in Royal Gold by 49.0% during the 2nd quarter. American Century Companies Inc. now owns 142,521 shares of the basic materials company’s stock worth $11,141,000 after purchasing an additional 46,900 shares during the period. Flinton Capital Management LLC boosted its stake in Royal Gold by 72.8% during the 2nd quarter. Flinton Capital Management LLC now owns 6,052 shares of the basic materials company’s stock worth $473,000 after purchasing an additional 2,550 shares during the period. BNP Paribas Arbitrage SA boosted its stake in Royal Gold by 70.8% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 24,664 shares of the basic materials company’s stock worth $1,928,000 after purchasing an additional 10,222 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Royal Gold by 4.2% during the 2nd quarter. Principal Financial Group Inc. now owns 294,652 shares of the basic materials company’s stock worth $23,033,000 after purchasing an additional 11,795 shares during the period. Hedge funds and other institutional investors own 70.19% of the company’s stock.

Royal Gold Company Profile

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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