Royal Gold, Inc (NASDAQ:RGLD) (TSE:RGL) CFO Stefan Wenger sold 1,500 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $85.00, for a total value of $127,500.00. The sale 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, December 13th, Stefan Wenger sold 1,500 shares of Royal Gold stock. The stock was sold at an average price of $85.00, for a total value of $127,500.00.
  • On Thursday, November 2nd, Stefan Wenger sold 1,500 shares of Royal Gold stock. The stock was sold at an average price of $85.00, for a total value of $127,500.00.

Shares of Royal Gold, Inc (NASDAQ:RGLD) traded down $0.20 on Tuesday, reaching $85.36. The company had a trading volume of 551,199 shares, compared to its average volume of 548,020. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.92 and a quick ratio of 3.73. The firm has a market capitalization of $5,590.00, a P/E ratio of 55.43, a price-to-earnings-growth ratio of 4.85 and a beta of 0.46. Royal Gold, Inc has a 52-week low of $61.00 and a 52-week high of $94.39.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last announced its quarterly earnings results on Wednesday, November 1st. The basic materials company reported $0.44 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.37 by $0.07. Royal Gold had a return on equity of 4.12% and a net margin of 23.06%. The firm had revenue of $112.50 million during the quarter, compared to the consensus estimate of $112.43 million. During the same period in the prior year, the company posted $0.46 earnings per share. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. equities research analysts predict that Royal Gold, Inc will post 1.76 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Shareholders of record on Friday, January 5th will be paid a $0.25 dividend. The ex-dividend date is Thursday, January 4th. This represents a $1.00 dividend on an annualized basis and a yield of 1.17%. This is a boost from Royal Gold’s previous quarterly dividend of $0.24. Royal Gold’s payout ratio is currently 64.94%.

Hedge funds and other institutional investors have recently modified their holdings of the business. Mountain Capital Investment Advisors Inc purchased a new stake in Royal Gold in the second quarter valued at approximately $109,000. Quantbot Technologies LP purchased a new stake in Royal Gold in the third quarter valued at approximately $174,000. U S Global Investors Inc. lifted its stake in Royal Gold by 333.1% in the second quarter. U S Global Investors Inc. now owns 3,032 shares of the basic materials company’s stock valued at $263,000 after buying an additional 2,332 shares during the last quarter. Macquarie Group Ltd. purchased a new stake in Royal Gold in the third quarter valued at approximately $267,000. Finally, Visionary Asset Management Inc. purchased a new stake in Royal Gold in the third quarter valued at approximately $289,000. Institutional investors own 72.02% of the company’s stock.

RGLD has been the subject of a number of analyst reports. Royal Bank of Canada set a $89.00 price objective on Royal Gold and gave the stock a “buy” rating in a research report on Monday, October 23rd. Zacks Investment Research raised Royal Gold from a “hold” rating to a “strong-buy” rating and set a $94.00 price objective for the company in a research report on Wednesday, December 6th. TD Securities lowered their price objective on Royal Gold from $110.00 to $105.00 and set a “buy” rating for the company in a research report on Friday, December 29th. Canaccord Genuity downgraded Royal Gold from a “buy” rating to a “hold” rating and lowered their price target for the company from $109.00 to $99.00 in a report on Thursday, December 28th. Finally, Eight Capital reaffirmed a “neutral” rating on shares of Royal Gold in a report on Thursday, November 16th. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $94.63.

COPYRIGHT VIOLATION NOTICE: This piece of content was posted by American Banking News and is the sole property of of American Banking News. If you are viewing this piece of content on another website, it was copied illegally and reposted in violation of U.S. and international trademark & copyright law. The correct version of this piece of content can be accessed at https://www.americanbankingnews.com/2018/01/16/insider-selling-royal-gold-inc-rgld-cfo-sells-1500-shares-of-stock-2.html.

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)

Receive News & Ratings for Royal Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Gold and related companies with MarketBeat.com's FREE daily email newsletter.