Stocks of Royal Gold, Inc (NASDAQ:RGLD) traded higher last session on Wall Street, down -0.44% to $145.67.
RGLD stock price is now 0.23% away from the 50-day moving average and 11.45% away from the 200-day moving average. The market capitalization of the company currently stands at $9.58B.
With the price target enhanced from $148 to $158, BMO Capital Markets Upgraded its rating from Market Perform to Outperform for Royal Gold, Inc (NASDAQ: RGLD). On February 29, 2024, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $117, while ‘National Bank Financial’ rates the stock as ‘Outperform’
In other news, Heissenbuttel William Holmes, President & CEO sold 3,884 shares of the company’s stock on Nov 13 ’24. The stock was sold for $548,428 at an average price of $141.20. Upon completion of the transaction, the President & CEO now directly owns 109,706 shares in the company, valued at $15.98 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 13 ’24, Director WILLIAM HEISSENBUTTEL bought 6,884 shares of the business’s stock. A total of $972,847 was incurred on buying the stock at an average price of $141.32. A total of 0.34% of the company’s stock is owned by insiders.
During the past 12 months, Royal Gold, Inc has had a low of $100.55 and a high of $155.10. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 2.34, and a quick ratio of 2.21. According to the stock market information, the enterprise value for the company is $9426364416, which is based on a 33.33 price-to-earnings ratio, a 1.37 price-to-earnings-growth ratio, and a beta of 0.89. The fifty day moving average price for RGLD is $145.1996 and a two-hundred day moving average price translates $130.50455 for the stock.
The latest earnings results from Royal Gold, Inc (NASDAQ: RGLD) was released for 2021-12-31. The net profit margin was 42.93% and return on equity was 9.76% for RGLD. The company reported revenue of $193.84 million for the quarter, compared to $138.62 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 39.84 percent.
