Royal Gold, Inc (NASDAQ:RGLD) (TSE:RGL) CFO Stefan Wenger sold 1,500 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $88.50, for a total transaction of $132,750.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

  • On Thursday, January 11th, Stefan Wenger sold 1,500 shares of Royal Gold stock. The stock was sold at an average price of $85.00, for a total transaction of $127,500.00.
  • 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 transaction of $127,500.00.

Royal Gold, Inc (NASDAQ RGLD) opened at $87.24 on Monday. The company has a market cap of $5,710.00, a price-to-earnings ratio of 56.65, a PEG ratio of 4.95 and a beta of 0.61. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.73 and a current ratio of 3.92. Royal Gold, Inc has a fifty-two week low of $61.00 and a fifty-two week high of $94.39.

The firm also recently declared a quarterly dividend, which was paid on Friday, January 19th. Stockholders of record on Friday, January 5th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.15%. The ex-dividend date of this dividend was Thursday, January 4th. This is a positive change from Royal Gold’s previous quarterly dividend of $0.24. Royal Gold’s payout ratio is 64.94%.

RGLD has been the topic of a number of research reports. TheStreet raised shares of Royal Gold from a “c+” rating to a “b-” rating in a research note on Wednesday, November 8th. TD Securities initiated coverage on shares of Royal Gold in a research note on Friday, December 8th. They set a “buy” rating on the stock. BMO Capital Markets set a $105.00 target price on shares of Royal Gold and gave the stock a “buy” rating in a research note on Tuesday, November 14th. Royal Bank of Canada set a $89.00 price target on shares of Royal Gold and gave the stock a “buy” rating in a report on Monday, October 23rd. Finally, Canaccord Genuity reiterated a “buy” rating and set a $114.00 price target on shares of Royal Gold in a report on Sunday, October 22nd. Eleven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $94.63.

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted 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 worth $457,392,000 after purchasing an additional 73,112 shares during the period. First Eagle Investment Management LLC lifted its holdings in Royal Gold by 1.7% in the third quarter. First Eagle Investment Management LLC now owns 3,537,990 shares of the basic materials company’s stock valued at $304,409,000 after buying an additional 58,541 shares during the period. St. James Investment Company LLC lifted its holdings in Royal Gold by 1.4% in the third quarter. St. James Investment Company LLC now owns 889,365 shares of the basic materials company’s stock valued at $76,521,000 after buying an additional 12,458 shares during the period. Northern Trust Corp lifted its holdings in Royal Gold by 0.6% in the second quarter. Northern Trust Corp now owns 776,708 shares of the basic materials company’s stock valued at $60,715,000 after buying an additional 4,266 shares during the period. Finally, Gabelli Funds LLC lifted its holdings in Royal Gold by 2.2% in the fourth quarter. Gabelli Funds LLC now owns 684,700 shares of the basic materials company’s stock valued at $56,228,000 after buying an additional 15,000 shares during the period. Institutional investors own 71.91% of the company’s stock.

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Royal Gold Company Profile

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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