In yesterday’s Wall Street session, Royal Gold, Inc (NASDAQ:RGLD) shares traded at $136.25, up 1.96% from the previous session.
RGLD stock price is now -4.78% away from the 50-day moving average and 0.95% away from the 200-day moving average. The market capitalization of the company currently stands at $8.96B.
With the price target enhanced from $154 to $178, Jefferies Upgraded its rating from Hold to Buy for Royal Gold, Inc (NASDAQ: RGLD). On March 27, 2024, BMO Capital Markets Upgraded its previous ‘Market Perform’ rating to ‘Outperform’ on the stock increasing its target price from $148 to quote $158, while ‘Jefferies’ rates the stock as ‘Hold’
In other news, Heissenbuttel William Holmes, President & CEO sold 1,500 shares of the company’s stock on Dec 16 ’24. The stock was sold for $219,114 at an average price of $146.08. Upon completion of the transaction, the President & CEO now directly owns 108,206 shares in the company, valued at $14.74 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, SVP & CFO Libner Paul sold 1,756 shares of the business’s stock. A total of $268,668 was realized by selling the stock at an average price of $153.00. This leaves the insider owning 18,482 shares of the company worth $2.52 million. A total of 0.33% 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 $8808749056, which is based on a 31.18 price-to-earnings ratio, a 1.17 price-to-earnings-growth ratio, and a beta of 0.90. The fifty day moving average price for RGLD is $143.0938 and a two-hundred day moving average price translates $134.9662 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.
