The Price Of Royal Gold Inc. (RGLD) Has Climbed $50.68 Past Week

The stock of Royal Gold Inc. (NASDAQ:RGLD) increased by $3.72 on Friday to finish at $95.30, up 4.06 percent. The last five days have seen an average of 364,220 shares of common stock traded. 25 times new highs were reached in the current year, with a fall of -$11.56. The average number of shares traded over the last 20 days was 449,500, while the average volume over the last 50 days totaled 468,876.

RGLD stock appreciated 3.72% since last month. On 09/26/22, the company’s shares reached a one-month low of $84.54. The stock touched a high of $147.70 on 04/11/22, after rallying from a low of $84.54 in 52 weeks. The price of RGLD stock has declined by -9.42% or -$11.56 this year, reaching a new high 25 times. Still, the stock price is down -35.48% from the 52-week high.

Insider Transactions

target=”_blank”RGLD stock investors should be aware that Royal Gold Inc. (RGLD) stock had its last reported insider trading activity 144 days ago on Jun 02. On Jun 02, VP & General Counsel Shefman Randy sold 638 shares at $117.57 each. This transaction resulted in the insider making $75,010. On Mar 01, Libner Paul sold 1,200 shares at a price of US$125.00. After the transaction, the insider now owns 13,998 shares.

Valuation Metrics

Royal Gold Inc. (RGLD) has a trailing price-to-earnings (P/E) ratio of 22.73. Beta for the stock is 0.60. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 9.93, the price-to-book (PB) ratio of 2.33, and the price-to-cash flow ratio of 98.16.

Company paid $0.35 per share in dividends, remained unchanged from $0.35 last year. A $0.05 dividend increase was reported on Tuesday November 16 2021.

Financial Health

For the three months ended March 30, Royal Gold Inc.’s quick ratio was 5.10, while its current ratio was 5.30, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 83.60% percent. Royal Gold Inc.’s operating margin stood at 49.10% for the same period. Based on annual data, it had gross profit of $522.96 million and revenue of $615.86 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. RGLD’s return on assets (ROA) during the last 12 months has been 9.80%. There was a 5.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 10.50%.

Earnings Surprise

According to Royal Gold Inc.’s quarterly financial report for the quarter that ended March 30. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $146.44 million, while revenues rose by 2.63% to $162.36 million. It was predicted that Royal Gold Inc.’s quarterly earnings would be $0.99, but it ended up being $0.87, beating the consensus by 13.80%. EBITDA was $111.89 million for the quarter. At the end of Royal Gold Inc.’s most recent quarter ended March 30, its liabilities totaled 156.39 million, while its total debt was $6.43 million. Equity owned by shareholders amounts to $65.64 million.

Technical Picture

Here’s a quick look at Royal Gold Inc.’s (RGLD) price momentum from a technical perspective. As of 21 October, the RSI 9-day stood at 51.97%, suggesting the stock is Neutral, with a 33.33% historical volatility rate.

The stochastic %K and %D were 35.81% and 35.58% respectively, while the average true range (ATR) was 3.33. Based on the 14-day stochastic reading of 49.38%, the RSI (14) reading is 50.21%. On the 9-day MACD Oscillator, the stock is at -0.48, and the 14-day reading is at -2.00.

Analyst Ratings

In its most recent analyst report, Canaccord Genuity raised its rating on Royal Gold Inc. (NASDAQ: RGLD) to a Buy. Prior to this, analysts firm rated the stock as a Hold.

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