Royal Gold, Inc (NASDAQ:RGLD) (TSE:RGL) CFO Stefan Wenger sold 1,500 shares of the company’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $85.00, for a total transaction of $127,500.00. The transaction was disclosed in a filing with the SEC, which is accessible through 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 shares were sold at an average price of $85.00, for a total transaction of $127,500.00.
  • 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.

Royal Gold, Inc (NASDAQ:RGLD) traded down $0.57 during midday trading on Friday, hitting $84.07. 1,265,517 shares of the company traded hands, compared to its average volume of 376,325. The company has a current ratio of 3.92, a quick ratio of 3.73 and a debt-to-equity ratio of 0.23. Royal Gold, Inc has a twelve month low of $60.21 and a twelve month high of $94.39. The company has a market capitalization of $5,540.05, a PE ratio of 57.58, a PEG ratio of 4.80 and a beta of 0.46.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last released its earnings results 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. Royal Gold had a net margin of 23.06% and a return on equity of 4.12%. The business had revenue of $112.50 million during the quarter, compared to analysts’ expectations of $112.43 million. During the same quarter last year, the company earned $0.46 earnings per share. The firm’s revenue was down 4.7% on a year-over-year basis. sell-side analysts predict that Royal Gold, Inc will post 1.76 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 19th. Investors of record on Friday, January 5th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.19%. The ex-dividend date of this dividend is Thursday, January 4th. This is a boost from Royal Gold’s previous quarterly dividend of $0.24. Royal Gold’s dividend payout ratio (DPR) is presently 62.34%.

A number of equities research analysts have issued reports on RGLD shares. TheStreet upgraded shares of Royal Gold from a “c+” rating to a “b-” rating in a report on Wednesday, November 8th. TD Securities started coverage on shares of Royal Gold in a report on Friday, December 8th. They set a “buy” rating for the company. Royal Bank of Canada set a $89.00 price target on shares of Royal Gold and gave the company a “buy” rating in a report on Monday, October 23rd. Canaccord Genuity restated a “buy” rating and set a $114.00 price target on shares of Royal Gold in a report on Sunday, October 22nd. Finally, BMO Capital Markets set a $105.00 price target on shares of Royal Gold and gave the company a “buy” rating in a report on Tuesday, November 14th. One 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 issued a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $96.28.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RGLD. US Bancorp DE lifted its stake in Royal Gold by 6.4% during the second quarter. US Bancorp DE now owns 2,120 shares of the basic materials company’s stock worth $166,000 after purchasing an additional 127 shares during the period. Janney Montgomery Scott LLC bought a new position in Royal Gold during the second quarter worth about $256,000. Sei Investments Co. lifted its stake in Royal Gold by 660.2% during the second quarter. Sei Investments Co. now owns 9,982 shares of the basic materials company’s stock worth $780,000 after purchasing an additional 8,669 shares during the period. IFP Advisors Inc lifted its stake in Royal Gold by 1.7% during the second quarter. IFP Advisors Inc now owns 2,343 shares of the basic materials company’s stock worth $183,000 after purchasing an additional 39 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its stake in Royal Gold by 8.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 224,519 shares of the basic materials company’s stock worth $17,551,000 after purchasing an additional 16,714 shares during the period. Institutional investors and hedge funds own 72.04% of the company’s stock.

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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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