Market Resilience: Royal Gold, Inc (RGLD) Finishes Weak at 144.84, Down -2.29

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Royal Gold, Inc (NASDAQ: RGLD) closed the day trading at $144.84 down -2.29% from the previous closing price of $148.24. In other words, the price has decreased by -$2.29 from its previous closing price. On the day, 0.48 million shares were traded. RGLD stock price reached its highest trading level at $145.14 during the session, while it also had its lowest trading level at $137.52.

Ratios:

For a better understanding of RGLD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 128.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.88. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.09. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BMO Capital Markets on March 27, 2024, Upgraded its rating to Outperform and sets its target price to $158 from $148 previously.

On February 29, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $117.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 13 ’24 when Libner Paul sold 200 shares for $142.50 per share. The transaction valued at 28,500 led to the insider holds 18,457 shares of the business.

DANIEL BREEZE bought 840 shares of RGLD for $120,480 on Sep 13 ’24. On Sep 13 ’24, another insider, Breeze Daniel, who serves as the SVP Corp Dev of RGLD Gold AG of the company, sold 840 shares for $143.43 each. As a result, the insider received 120,481 and left with 16,842 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RGLD now has a Market Capitalization of 9738693632 and an Enterprise Value of 9371945984. As of this moment, Royal’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.60, and their Forward P/E ratio for the next fiscal year is 22.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 15.50 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 14.526 whereas that against EBITDA is 18.114.

Stock Price History:

Over the past 52 weeks, RGLD has reached a high of $155.10, while it has fallen to a 52-week low of $100.55. The 50-Day Moving Average of the stock is 1.08%, while the 200-Day Moving Average is calculated to be 12.87%.

Shares Statistics:

Over the past 3-months, RGLD traded about 298.75K shares per day on average, while over the past 10 days, RGLD traded about 283470 shares per day. A total of 65.63M shares are outstanding, with a floating share count of 65.51M. Insiders hold about 0.34% of the company’s shares, while institutions hold 86.18% stake in the company. Shares short for RGLD as of 1728950400 were 2293327 with a Short Ratio of 7.68, compared to 1726185600 on 2297758. Therefore, it implies a Short% of Shares Outstanding of 2293327 and a Short% of Float of 5.2299999999999995.

Dividends & Splits

RGLD’s forward annual dividend rate is 1.60, up from 0.6 a year ago. Against a Trailing Annual Dividend Yield of 0.0040474907The stock’s 5-year Average Dividend Yield is 1.13.

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