Royal GoldRGLD
About: Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine, in exchange for an upfront deposit payment. Generally Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
Employees: 30
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
102% more first-time investments, than exits
New positions opened: 83 | Existing positions closed: 41
28% more repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 147
26% more call options, than puts
Call options by funds: $129M | Put options by funds: $103M
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
7% more funds holding
Funds holding: 470 [Q3] → 505 (+35) [Q4]
1.7% more ownership
Funds ownership: 84.39% [Q3] → 86.09% (+1.7%) [Q4]
4% less capital invested
Capital invested by funds: $7.81B [Q3] → $7.46B (-$350M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Jefferies David Hove 100% 1-year accuracy 1 / 1 met price target | 17%upside $178 | Buy Upgraded | 7 Jan 2025 |
Financial journalist opinion
Based on 6 articles about RGLD published over the past 30 days
