Royal Gold, Inc (NASDAQ:RGLD) (TSE:RGL) CFO Stefan Wenger sold 1,500 shares of the business’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $85.00, for a total value of $127,500.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • 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.
  • On Monday, October 2nd, Stefan Wenger sold 1,500 shares of Royal Gold stock. The stock was sold at an average price of $85.88, for a total value of $128,820.00.

Shares of Royal Gold, Inc (NASDAQ:RGLD) traded down $0.02 during trading on Thursday, reaching $84.64. The company had a trading volume of 385,328 shares, compared to its average volume of 530,809. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.73 and a current ratio of 3.92. The company has a market capitalization of $5,480.00, a price-to-earnings ratio of 56.76, a P/E/G ratio of 4.73 and a beta of 0.46. Royal Gold, Inc has a 1 year low of $60.21 and a 1 year high of $94.39.

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

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Friday, January 5th will be issued a $0.25 dividend. This is a positive change from Royal Gold’s previous quarterly dividend of $0.24. This represents a $1.00 annualized dividend and a yield of 1.18%. The ex-dividend date is Thursday, January 4th. Royal Gold’s payout ratio is currently 62.34%.

RGLD has been the topic of several recent analyst reports. BMO Capital Markets reiterated a “buy” rating and issued a $95.00 price target on shares of Royal Gold in a research note on Wednesday, September 6th. Zacks Investment Research upgraded Royal Gold from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Royal Bank of Canada reiterated an “outperform” rating on shares of Royal Gold in a research note on Thursday, September 7th. Canaccord Genuity reiterated a “buy” rating and issued a $114.00 price target on shares of Royal Gold in a research note on Sunday, October 22nd. Finally, Eight Capital reiterated a “neutral” rating on shares of Royal Gold in a research note on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $96.28.

A number of institutional investors have recently made changes to their positions in RGLD. Capital World Investors increased its holdings in Royal Gold by 25.7% in the second quarter. Capital World Investors now owns 4,158,000 shares of the basic materials company’s stock valued at $325,031,000 after buying an additional 849,900 shares during the last quarter. KBC Group NV grew its holdings in shares of Royal Gold by 5,094.1% during the third quarter. KBC Group NV now owns 94,480 shares of the basic materials company’s stock valued at $8,129,000 after purchasing an additional 92,661 shares during the last quarter. Capital Research Global Investors grew its holdings in shares of Royal Gold by 131.8% during the second quarter. Capital Research Global Investors now owns 154,000 shares of the basic materials company’s stock valued at $12,038,000 after purchasing an additional 87,567 shares during the last quarter. First Eagle Investment Management LLC grew its holdings in shares of Royal Gold by 2.2% during the second quarter. First Eagle Investment Management LLC now owns 3,479,449 shares of the basic materials company’s stock valued at $271,989,000 after purchasing an additional 73,384 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Royal Gold by 1.3% during the second quarter. Vanguard Group Inc. now owns 5,851,247 shares of the basic materials company’s stock valued at $457,392,000 after purchasing an additional 73,112 shares during the last quarter. 72.04% of the stock is owned by hedge funds and other institutional investors.

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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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