에 대한 최신 뉴스 Royal Gold (NASDAQ:RGLD) 주식

Royal Gold

Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for 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 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.

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RGLD

4월 초 금의 두드러진 조정 이후, 이 귀금속은 꾸준히 상승세를 보이며 중동의 최근 긴장이 지지 촉매 역할을 하고 있다. 이 배경은 광업 부문에 순풍을 제공할 수 있으며, 특히 귀금속 스트리밍 관리 회사인 로열 골드(NASDAQ:RGLD)에 해당된다.

옵션 코너: 안전자산 수요로 로열 골드의 콜 스프레드 거래에서 골든 페이아웃 발생 기회

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지난 주, 미국과 중국이 서로의 상품에 대한 대부분의 관세를 일시적으로 인하하기로 합의하면서 금과 은 가격이 하락했다. 이는 안전자산으로부터의 로테이션을 촉발하고 있을 수 있다. 대부분의 금광주가 지난주 급락한 대형주 상위 목록을 차지했다.

유나이티드헬스 및 금광주 등 지난주 급락한 대형주 10종목 (5월 12~16일)

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주식 시장 반등 이후 금 가격이 하락했지만, 한 전문가는 향후 2년간 금광 회사들의 &#34;기록적인 수준의 잉여현금흐름&#34;을 강조하면서 금광 회사들은 성장할 수 있는 준비가 되어 있다고 했다.

금 가격 하락에도 금광 회사들의 &#39;역대급 현금흐름&#39; 속 상승 전망···채굴의 황금기 올까?

Royal Gold Inc

WIIM

CGAU

PAAS

SSRM

Shares of precious metals are trading lower amid Israel-Iran ceasefire efforts.

Following gold's conspicuous correction in early April, the precious metal has marched steadily higher, with the latest tensions in the Middle East acting as a supporting catalyst. Subsequently, this backdrop may provide a tailwind for the mining sector, particularly for precious metal streaming management company Royal Gold Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>).
Fundamentally, headlines are zeroed in on Israel's military strike against Iran, with the escalating conflict sparking two major concerns. First, Iran is <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45943707/us-economy-to-face-pretty-limited-impact-from-israel-iran-airstrikes-with-only-a-tiny-bit-recession-risk-say-economists">strategically positioned near the Strait of Hormuz</a>, which is a vital route for global oil and liquefied natural gas shipments. Second and more critically, lawmakers — including Sen. Bernie Sanders (I-VT) — have <a href="https://www.benzinga.com/news/politics/25/06/45988135/bernie-sanders-slams-israels-illegal-attack-on-iran-says-absolutely-imperative-that-the-united-states-not-be-dragged-into-this-war">expressed deep anxieties</a> about the U.S. potentially being dragged into the conflict.
Given the seriousness of the matter, several sectors have attracted pragmatic (if not cynical) investment capital. Predictably, the precious metals ecosystem has been elevated as diplomatic solutions wane. Recently, benchmark exchange-traded funds, such as the iShares Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAU#NYSE">IAU</a>) and SPDR Gold Shares ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) have <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/06/45983526/trump-wants-an-end-not-a-ceasefire-for-the-israel-iran-war-what-that-means-for-etfs">witnessed modest but consistent inflows</a>.
In fairness, as other publications have noted, RGLD stock isn't exactly the gold industry's standard bearer. At this moment, the consensus <a href="https://www.benzinga.com/quote/rgld/analyst-ratings">analyst rating</a> for Royal Gold is 2.5, which is in Sell territory. In contrast, streaming competitor Wheaton Precious Metals Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>) carries a <a href="https://www.benzinga.com/quote/wpm/analyst-ratings">3.0 rating</a> or Hold, while mining powerhouse Newmont Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) is slightly better with a <a href="https://www.benzinga.com/quote/nem/analyst-ratings">3.2 rating</a>.
Nevertheless, RGLD stock appears to provide a more "readable" signal. From a more heuristic perspective, technical analysts will likely argue that RGLD is currently charting a bullish pennant formation. In April, the security popped higher but has since entered a consolidation phase of generally lower highs.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1001" height="598" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis.jpg" alt="" class="wp-image-954459" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis.jpg 1001w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis-300x179.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis-768x459.jpg 768w" sizes="(max-width: 1001px) 100vw, 1001px" /><figcaption class="wp-element-caption">Image by TradingView</figcaption></figure>
Still, RGLD stock has also been charting higher lows, which lends credence to the idea that it could eventually break out of this consolidation zone. Contrast that with WPM or NEM, where the respective charts arguably lack a discernible pattern.
<h2 class="wp-block-heading">Using Statistics To Frame The Opportunity In RGLD Stock</h2>
Although RGLD stock enjoys both a fundamental and technical justification for bullishness, both these methodologies lack specificity. From an investor's point of view, the typical timeframe — usually a year or longer — provides the underlying thesis with considerable flexibility to pan out as forecasted. Unfortunately, traders (especially options traders) don't have that luxury.
It comes down to structure. Since options have an expiration date, a thesis has to materialize accurately in terms of magnitude (y-axis) and time (x-axis). To be sure, what raises the stakes is that when an options strategy goes sour, the entire principal — or worse if selling naked calls and puts — is at risk.
Still, the tremendous leverage that options provide consistently attracts market participants. For these folks, the decision to trade comes down to probabilities. However, in order to calculate probabilities that are relevant — the conditional variety — the language within the target dataset must be unified.
In that sense, both the fundamental and technical approaches suffer from the same dilemma: non-stationarity of the core measurement metric. For example, share prices frequently change over time, as do valuation ratios such as price to earnings. In order to conduct sensible statistical analysis, one must impose stationarity on the dataset. Converting price action into market breadth, which simply tracks accumulative and distributive sessions, is one viable solution.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-1024x576.jpg" alt="" class="wp-image-954442" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image by author</figcaption></figure>
Under this framework, RGLD stock is on course toward printing a "4-6-U" sequence by this Friday: four up weeks, six down weeks, with a net positive trajectory across the 10-week period. A rare event, this sequence has only materialized 25 times in the trailing decade. Notably, in 72% of cases, the following week's price action results in upside, with a median return of 2.7%.
Should the implications of the 4-6-U pan out as projected, RGLD stock could breach $185 in short order, perhaps in a week or two. If the bulls maintain control of the market, a push toward the $190 level wouldn't be unreasonable, especially with the fundamental backdrop acting as a supporting element.
<h2 class="wp-block-heading">Aggressive Call Spreads For The Bullish Trader</h2>
Based on the market intelligence above, arguably the most aggressive but realistic trade is to buy the 180/185 bull call spread expiring July 18. This transaction involves buying the $180 call and simultaneously selling the $185 call, for a net debit paid of 280. Should RGLD stock rise through the short strike price ($185) at expiration, the maximum reward is $220, a payout of roughly 79%.
Those who want to take a little more risk may consider the 180/190 bull spread, also expiring July 18. This transaction involves a higher net debit paid of $445. However, the max reward stands at $555, translating to a payout of almost 125%.
In both trades, the appeal centers on the implied shift in sentiment regime. As a baseline, the chance that a long position in RGLD stock is profitable over any given week is only 52.29%. Therefore, the 4-6-U sequence statistically provides "free odds" for the bullish speculator.
To be 100% clear, this doesn't guarantee a positive outcome. Rather, for those who are already willing to take a risk in the options market, the use of conditional probabilities helps traders separate the wheat from the chaff empirically.
The opinions and views expressed in this content are those of the individual author and do not necessarily reflect the views of Benzinga. Benzinga is not responsible for the accuracy or reliability of any information provided herein. This content is for informational purposes only and should not be misconstrued as investment advice or a recommendation to buy or sell any security. Readers are asked not to rely on the opinions or information herein, and encouraged to do their own due diligence before making investing decisions.
Read Next:
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<li><a href="https://www.benzinga.com/markets/options/25/06/45984657/kr-stock-trade-down-effect-earnings-reversal">Options Corner: Why The Trade-Down Effect Could Power A Reversal For Kroger</a></li>
</ul>
Photo: Shutterstock

Options Corner: Safe-Haven Demand Could Spark A Golden Payout For This Royal Gold Call Spread

USAU

Shares of precious metals stocks are trading lower as gold prices fall after reports allege that Iran wants to de-escalate hostilities with Israel. Investor optimism about potential resolutions to regional tensions may drive a rotation out of safe-haven assets.

Shares of precious metals stocks are trading higher as gold prices rise following Israel's strikes on Iran, which have lifted safe-haven assets.

Shares of precious metals stocks are trading higher as gold and silver prices rise amid dollar weakness.

BMO Capital analyst Matthew Murphy maintains Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) with a Market Perform and raises the price target from $196 to $197.

Price Target

BMO Capital Maintains Market Perform on Royal Gold, Raises Price Target to $197

Last week, gold and silver prices dropped after the U.S. and China agreed to temporarily reduce most tariffs on each other&#8217;s goods. This could be driving a <a target="_blank" href="https://www.benzinga.com//node/45429569" rel="noreferrer noopener">rotation out of safe-haven assets</a>.
Most gold mining stocks were among the top ten large-cap worst performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) shares dipped 23.31%  in reaction to a media report on a possible investigation <a href="https://www.benzinga.com//node/45443695" target="_blank" rel="noreferrer noopener">for criminal Medicare fraud</a>.</li>
<li>Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) shares were down 9.46%.</li>
<li>Alamos Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>) shares declined 9.43%.</li>
<li>Agnico Eagle Mines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) stock fell 9.27%.</li>
<li>AngloGold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) stock dived 9.06%.</li>
<li>Kinross Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) stock fell 8.96%.</li>
<li>Wheaton Precious Metals Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>) shares decreased 8.48%</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares were down 8.47%.</li>
<li>Barrick Mining Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) stock decreased 8.38%.</li>
<li>Royal Gold, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) stock dived 7.20%.</li>
</ol>
Image Via Shutterstock

Gold Mining Stocks Were Among Top 10 Large-Cap Losers Last Week (May 12-May 16): Are These In Your Portfolio?

Despite the falling gold prices after the stock market rebound, the gold mining companies are poised for growth as this expert highlights &#8220;record levels of free cash flow&#8221; for these companies over the next two years.
What Happened: The Macro Strategist at Crescat Capital, Otavio Costa, has underscored the data for the two-year forward free cash flow estimate for gold mining companies, highlighting the possibility of strong fundamental growth.
According to a chart shared by him, the free cash flow estimates of these companies surpass the expectation of the gold price level by the Philadelphia Gold &amp; Silver Exchange by 2027.
&#8220;Despite the recent pullback in gold, mining companies remain positioned to deliver record levels of free cash flow in the current environment,&#8221; he said in an X post.
This comes as the Gold Spot US Dollar fell 1.02% to hover around $3,145.09 per ounce during the publication of this piece. It was much lower than its recent record high of $3,500.33 per ounce.
&#8220;I've always found it compelling when prices of an asset decline even as fundamentals improve,&#8221; said Costa, adding that &#8220;Investors are gradually beginning to grasp the magnitude of what's unfolding, but in my view, we've already entered the Golden Age of Mining.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I've always found it compelling when prices of an asset decline even as fundamentals improve. Despite the recent pullback in gold, mining companies remain positioned to deliver record levels of free cash flow in the current environment. Investors are gradually beginning to… <a href="https://t.co/F6RGYWu9vu">pic.twitter.com/F6RGYWu9vu</a>
&mdash; Otavio (Tavi) Costa (@TaviCosta) <a href="https://twitter.com/TaviCosta/status/1922836052143657281?ref_src=twsrc%5Etfw">May 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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See Also: <a href="https://www.benzinga.com/general/market-summary/25/05/45399940/warren-buffett-shows-how-patience-pays-98-of-his-160-billion-wealth-came-after-turning-65-thanks-the-power-of-compound-interest">Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of ‘Compound Interest'</a>
Why It Matters: Here&#8217;s a list of some gold mining stocks that investors could consider as experts peg a possibility of higher cash flows in the future.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Harmony Gold Mining Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>)</td>
<td>66.75%</td>
<td>50.59%</td>
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<tr>
<td>Perpetua Resources Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>)</td>
<td>4.16%</td>
<td>104.44%</td>
</tr>
<tr>
<td>Eldorado Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>)</td>
<td>10.90%</td>
<td>16.00%</td>
</tr>
<tr>
<td>Sandstorm Gold Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>)</td>
<td>40.98%</td>
<td>41.23%</td>
</tr>
<tr>
<td>Iamgold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>)</td>
<td>9.68%</td>
<td>36.61%</td>
</tr>
<tr>
<td>Skeena Resources Ltd. (TSE: SKE)</td>
<td>14.77%</td>
<td>120.11%</td>
</tr>
<tr>
<td>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>36.54%</td>
<td>71.85%</td>
</tr>
<tr>
<td>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>26.82%</td>
<td>12.66%</td>
</tr>
<tr>
<td>Royal Gold Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</td>
<td>23.11%</td>
<td>26.94%</td>
</tr>
<tr>
<td>Anglogold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>)</td>
<td>63.80%</td>
<td>60.64%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended higher on Wednesday. The SPY was up 0.13% to $587.59, while the QQQ advanced 0.60% to $518.68, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
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Image Via Shutterstock

Gold Miners Poised For Boom As Analyst Predicts 'Record Levels Of Free Cash Flow' Despite Price Dip: 'Golden Age Of Mining'

GOLD

Shares of precious metals stocks are trading lower as gold and silver drop after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could be driving a rotation out of safe-haven assets.

Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) reported quarterly earnings of $1.51 per share which beat the analyst consensus estimate of $1.37 by 10.22 percent. This is a 65.93 percent increase over earnings of $0.91 per share from the same period last year. The company reported quarterly sales of $193.44 million which beat the analyst consensus estimate of $176.17 million by 9.80 percent. This is a 29.91 percent increase over sales of $148.90 million the same period last year.

Earnings

Earnings Beats

CORRECTION: Royal Gold Q1 Adj. EPS $1.51 Beats $1.37 Estimate, Sales $193.44M Beat $176.17M Estimate

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Avadel Pharmaceuticals plc - American Depositary Shares each representing one Ordinary Share

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Brighthouse Financial, Inc. - Common Stock

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Core Scientific, Inc. - Class A Common Stock

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Earnings Scheduled For May 7, 2025

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Shares of precious metals stocks are trading higher amid strength in gold and silver.

Shares of precious metals stocks are trading higher amid a rise in the price of gold and silver.

Shares of gold stocks are trading lower as gold prices drop after President Trump said he has no intention of firing Fed Chair Powell and indicated the final tariff rate with China would be "substantially" lower than the current 145%. These comments could be reducing some macro uncertainty, which recently drove gold to record highs.

Gold surged to fresh all-time highs on Monday, with bullion jumping 2.5% to $3,410 per ounce by 11:20 a.m. ET, as mounting distrust in U.S. financial assets and inflation fears drive a flight to safety unlike anything seen since the global debt crises <a href="https://www.benzinga.com/topic/donald-trump">of the early 2010s.</a>
Since early March, gold prices — tracked by the SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>) — have climbed an astonishing 19.4%, putting the metal on track for its strongest two-month rally since August 2011.
A perfect storm of macro instability, political friction and investor skepticism about the dollar and U.S. Treasuries is fueling the run.
<h1 class="wp-block-heading">What's Behind The Gold Boom?</h1>
The root of gold's dramatic resurgence lies in a potent mix of fundamental, structural and behavioral drivers.
The U.S. dollar and long-duration Treasuries — once go-to safe havens — have come under pressure in recent weeks amid President Donald Trump's tariff offensive and his escalating feud with Fed Chair Jerome Powell, raising fears over political interference and eroding confidence in U.S. institutions.
In this climate, gold's reputation as a neutral, time-tested store of value is attracting capital seeking stability.
As a result, traditional hedges have faltered. But gold, immune to sovereign missteps and backed by centuries of store-of-value status, has emerged as a refuge for capital looking for shelter from rising macro uncertainty.
Read also: <a href="https://www.benzinga.com/government/regulations/25/04/44899280/are-investors-selling-us-treasuries-as-trump-attacks-powell-heres-what-latest-etf-flows-tell-you">Are Investors Selling US Treasuries As Trump Attacks Powell? Here&#8217;s What Latest ETF Flows Tell You</a>
<h1 class="wp-block-heading">Massive Inflows Into Gold ETFs Confirm Strong Investment Demand</h1>
Investor appetite for gold is clearly visible in the massive inflows into gold-backed exchange-traded funds (ETFs) since mid-January, when Trump made his official return to the White House:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF Name </th>
<th>Inflows (Mid-January to Mid-April)</th>
</tr>
</thead>
<tbody>
<tr>
<td>SPDR Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>)</td>
<td>$8.35 billion</td>
</tr>
<tr>
<td>iShares Gold Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAU#NYSE">IAU</a>)</td>
<td>$3.5 billion</td>
</tr>
<tr>
<td>SPDR Gold MiniShares Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLDM#NYSE">GLDM</a>)</td>
<td>$2.46 billion</td>
</tr>
<tr>
<td>ProShares Ultra Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UGL#NYSE">UGL</a>)</td>
<td>$117 million</td>
</tr>
<tr>
<td>Goldman Sachs Physical Gold ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAAU#NYSE">AAAU</a>)</td>
<td>$304.9 million</td>
</tr>
</tbody>
</table>
</figure>
These blockbuster flows signal broad-based institutional and retail demand. According to Goldman Sachs analyst Lina Thomas, the rally is not being fueled by short-term speculators.
"Data suggests the move has occurred without a substantial return of speculative flows," Thomas said. 
"With estimated COMEX speculative positioning still moderate, we view the rally as structurally supported and less exposed to sharp near-term liquidation risk. Thus, we see current levels as a tactically attractive entry point… and believe this reinforces upside risk to our $3,700/toz year-end forecast."
Ed Yardeni, president of Yardeni Research, said the current momentum validates his call from over a year ago. 
"We&#8217;ve been bullish on gold since it broke out above $2,000 per ounce at the end of February 2024. Our $4,000 target by the end of this year looks increasingly realistic. If that happens, then $5,000 would be our target for the end of 2026."
"This situation may come as a crisis for many assets, but for gold, it's a perfect outcome. Inflation fears remain high as the U.S. stock market loses trillions of dollars, and investors are leaning toward physical gold in search of security rather than risky assets like stocks and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)," said Rick Kanda, managing director at The Gold Bullion Company, in an email.
<h1 class="wp-block-heading">Miners Regain Momentum</h1>
The rally is also lifting gold miners, many of which had lagged physical bullion for much of 2024. Now, they're catching up. "Gold has surged to new all-time highs above $3,000/ounce, driven by renewed flows into gold-backed ETFs and continued strong demand from global central banks," VanEck said Monday.
"At the same time, gold miners are beginning to regain leverage to gold prices, emerging as some of the best-performing stocks so far this year."
The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) is up nearly 52% year-to-date, eyeing the strongest annual gain since the fund&#8217;s inception in 2007.
In response to the metal's powerful rally, Bank of America on Monday raised price targets across its North American gold and silver coverage. 
The move comes just ahead of first-quarter earnings season in the precious metals sector, which begins April 23 with Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) and continues with Agnico Eagle Mines Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) on April 24.
Here are the new price targets for key names:
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>Company</th>
<th>New Target</th>
<th>Previous Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Agnico Eagle Mines </td>
<td>$159</td>
<td>$142</td>
</tr>
<tr>
<td>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>)</td>
<td>$23</td>
<td>$19.50</td>
</tr>
<tr>
<td>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>$17.50</td>
<td>$15</td>
</tr>
<tr>
<td>Newmont Corp. </td>
<td>$70</td>
<td>$60</td>
</tr>
<tr>
<td>B2Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTG#NYSE">BTG</a>)</td>
<td>$3.10</td>
<td>$2.75</td>
</tr>
<tr>
<td>Centerra Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CGAU#NYSE">CGAU</a>)</td>
<td>$6.50</td>
<td>$5.50</td>
</tr>
<tr>
<td>Eldorado Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>)</td>
<td>$19.50</td>
<td>$17.25</td>
</tr>
<tr>
<td>IAMGOLD Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>)</td>
<td>$9.25</td>
<td>$7.75</td>
</tr>
<tr>
<td>SSR Mining Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSRM#NASDAQ">SSRM</a>)</td>
<td>$9.75</td>
<td>$8.50</td>
</tr>
<tr>
<td>Alamos Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>)</td>
<td>$35</td>
<td>$30.50</td>
</tr>
<tr>
<td>New Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGD#NYSE">NGD</a>)</td>
<td>$4.55</td>
<td>$4.10</td>
</tr>
<tr>
<td>Pan American Silver Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAAS#NASDAQ">PAAS</a>)</td>
<td>$32</td>
<td>$27</td>
</tr>
<tr>
<td>Franco-Nevada Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNV#NYSE">FNV</a>)</td>
<td>$195</td>
<td>$165</td>
</tr>
<tr>
<td>Royal Gold Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</td>
<td>$183</td>
<td>$164</td>
</tr>
<tr>
<td>Triple Flag Precious Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TFPM#NYSE">TFPM</a>)</td>
<td>$27</td>
<td>$24</td>
</tr>
<tr>
<td>Wheaton Precious Metals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>)</td>
<td>$100</td>
<td>$86</td>
</tr>
</tbody>
</table>
</figure>
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<li><a href="https://www.benzinga.com/news/25/04/44886209/if-you-had-bet-on-gold-after-the-1971-nixon-shock-youd-have-beaten-the-sp-500-unless-you-did-this-one-thing">If You Had Bet On Gold After The 1971 Nixon Shock, You&#8217;d Have Beaten The S&amp;P 500 — Unless You Did This One Thing</a></li>
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Gold Price Soars To Record Highs, Eyes Best 2-Month Rally Since 2011 On Blockbuster ETF Buying

As of April 17, 2025, three stocks in the materials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered overbought when the <a href="https://www.benzinga.com/topic/rsi">RSI is above 70</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>. 
Here's the latest list of major overbought players in this sector.
<h3 class="wp-block-heading">United States Antimony Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAMY#NYSE">UAMY</a>)</h3>
<ul>
<li>On April 11, United States Antimony secured a $5 million line of credit. &#8220;We&#8217;re pleased to establish this new credit facility with Truist Bank, which not only augments our working capital capabilities, but also demonstrates growing confidence in our business and long-term potential,&#8221; said Richard (Rick) Isaak, Senior Vice President and CFO of U.S. Antimony. The company's stock jumped around 103% over the past month and has a 52-week high of $3.60.</li>
<li>RSI Value: 83.3&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</li>
<li>UAMY Price Action: Shares of United States Antimony gained 7.1% to close at $3.49 on Wednesday.</li>
<li>Edge Stock Ratings: 99.82 Momentum score with Value at 10.46.</li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/quote/UAMY"><img loading="lazy" decoding="async" width="477" height="172" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17054128/image-16.png" alt="" class="wp-image-876204" style="width:338px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17054128/image-16.png 477w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/17054128/image-16-300x108.png 300w" sizes="(max-width: 477px) 100vw, 477px" /></a></figure>
<h3 class="wp-block-heading">Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</h3>
<ul>
<li>On April 16, Newmont finalized the previously disclosed sales of its Akyem operation in Ghana and its Porcupine operation in Canada. &#8220;Today, I am pleased to announce the successful completion of our non-core asset divestiture program with the sale of Akyem and Porcupine, generating total after-tax cash proceeds of approximately $850 million before closing adjustments,&#8221; said Tom Palmer, Newmont&#8217;s President and Chief Executive Officer. The company's stock gained around 18% over the past month and <a href="https://www.benzinga.com/quote/NEM">has a 52-week high</a> of $58.72.</li>
<li>RSI Value: 75.8</li>
<li>NEM Price Action: Shares of Newmont gained 2.5% to close at $55.95 on Wednesday.</li>
</ul>
<h3 class="wp-block-heading">Royal Gold Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</h3>
<ul>
<li>On April 14, Scotiabank analyst Tanya Jakusconek upgraded Royal Gold from Sector Perform to Sector Outperform and raised the price target from $166 to $189. The company's stock gained around 20% over the past month and has a <a href="https://www.benzinga.com/quote/RGLD">52-week high</a> of $191.22.</li>
<li>RSI Value: 77.9</li>
<li>RGLD Price Action: Shares of Royal Gold gained 0.8% to close at $186.45 on Wednesday.</li>
</ul>
Curious about other BZ Edge Rankings? Click here to discover <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how similar stocks measure up</a>. 
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Photo via Shutterstock

Short Ideas

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Top 3 Materials Stocks That Are Ticking Portfolio Bombs

Shares of gold stocks are trading higher amid a rally in the value of the commodity past the price of $3300 and towards an all-time high.

Scotiabank analyst Tanya Jakusconek upgrades Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) from Sector Perform to Sector Outperform and raises the price target from $166 to $189.

Upgrades

Scotiabank Upgrades Royal Gold to Sector Outperform, Raises Price Target to $189

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HYMC

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Press Releases

Royal Gold Provides 2025 Guidance for Sales, DD&A and Effective Tax Rate

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Royal Gold Provides Update on Q1 2025 Stream Segment Sales and Details for Release of Q1 2025 Results

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Royal Gold Announces Publication of the 2024 Editions of the Asset Handbook and Investment Stewardship Report

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CSE:ESAU

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4월 초 금의 두드러진 조정 이후, 이 귀금속은 꾸준히 상승세를 보이며 중동의 최근 긴장이 지지 촉매 역할을 하고 있다. 이 배경은 광업 부문에 순풍을 제공할 수 있으며, 특히 귀금속 스트리밍 관리 회사인 로열 골드(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)에 해당된다.
기본적으로, 헤드라인은 이란에 대한 이스라엘의 군사 공격에 집중되고 있으며, 갈등의 격화로 두 가지 주요 우려가 제기되고 있다. 첫째, 이란은 <a href="https://www.benzinga.com/markets/macro-economic-events/25/06/45943707/us-economy-to-face-pretty-limited-impact-from-israel-iran-airstrikes-with-only-a-tiny-bit-recession-risk-say-economists">호르무즈 해협 근처에 전략적으로 위치하고 있다</a>, 이는 글로벌 석유 및 액화천연가스 수송의 중요한 경로다. 둘째로, 더 심각하게는, 버니 샌더스 상원의원(무소속-버몬트주)을 포함한 입법자들이 <a href="https://www.benzinga.com/news/politics/25/06/45988135/bernie-sanders-slams-israels-illegal-attack-on-iran-says-absolutely-imperative-that-the-united-states-not-be-dragged-into-this-war">미국이 갈등에 휘말릴 가능성에 대해 깊은 우려를 표명</a>했다.
문제의 심각성에 따라 여러 부문은 실용적인(비관적인 경우도 있음) 투자 자본을 끌어모으고 있다. 예측 가능하게도, 외교적 해결책이 줄어들면서 귀금속 생태계가 상승했다. 최근 iShares Gold Trust(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAU#NYSE">IAU</a>)와 SPDR Gold Shares ETF(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GLD#NYSE">GLD</a>)와 같은 벤치마크 상장지수펀드가 <a href="https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/06/45983526/trump-wants-an-end-not-a-ceasefire-for-the-israel-iran-war-what-that-means-for-etfs">소폭이지만 일관된 자금 유입을 경험</a>했다.
공정하게 말하자면, 다른 출처들이 언급했듯이 RGLD 주식은 금 산업의 표준을 따르는 것이 아니다. 현재 로열 골드에 대한 <a href="https://www.benzinga.com/quote/rgld/analyst-ratings">애널리스트 평가는</a> 2.5로, 매도 영역에 있다. 대조적으로, 스트리밍 경쟁자인 휘튼 프레셔스 메탈스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>)는 <a href="https://www.benzinga.com/quote/wpm/analyst-ratings">3.0의 평점</a>으로 보유 영역에 있으며, 광업 강자인 뉴몬트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)는 <a href="https://www.benzinga.com/quote/nem/analyst-ratings">3.2의 평점</a>으로 약간 더 나은 상황이다.
그럼에도 불구하고, RGLD 주식은 더 &#8220;읽기 쉬운&#8221; 신호를 제공하는 것으로 보인다. 좀 더 직관적인 관점에서, 기술 분석가들은 RGLD가 현재 강세 깃발(bullish pennant) 형성을 하고 있다고 주장할 가능성이 높다. 4월에 이 증권은 급등했지만 그 이후로는 일반적으로 낮은 고점을 기록하는 통합 단계에 들어갔다.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" class="wp-image-954459" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis.jpg" sizes="(max-width: 1001px) 100vw, 1001px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis.jpg 1001w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis-300x179.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18152038/RGLD-stock-technical-analysis-768x459.jpg 768w" alt="" width="1001" height="598" /><figcaption class="wp-element-caption">Image by TradingView</figcaption></figure>
그렇지만 RGLD 주식은 또한 더 높은 저점을 기록해 이 통합 구역을 결국 탈출할 가능성을 뒷받침하고 있다. WPM이나 NEM과 비교하면, 각각의 차트는 뚜렷한 패턴이 부족하다고 할 수 있다.
<h2 class="wp-block-heading">RGLD 주식의 기회를 통계로 틀 잡기</h2>
RGLD 주식은 기본적 및 기술적 측면에서 강세 이유가 있지만, 두 가지 방법론 모두 구체성이 부족하다. 투자자의 관점에서, 일반적인 시간대 — 보통 1년 이상 — 는 기본 주장이 예측된 대로 진행될 수 있는 상당한 유연성을 제공한다. 불행히도, 트레이더(특히 옵션 트레이더)는 그 여유가 없다.
구조에 따라 달라진다. 옵션에는 만료일이 있기 때문에, 주장은 크기(y축)와 시간(x축) 측면에서 정확하게 실현되어야 한다. 확실히, 옵션 전략이 실패할 경우, 전체 자본 — 또는 더 나쁘게는 네이키드 콜과 풋을 매도할 경우 — 이 위험에 처하게 된다.
그럼에도 불구하고 옵션이 제공하는 엄청난 레버리지는 시장 참여자들을 지속적으로 끌어들인다. 이들에게 거래 결정은 확률에 따라 다뤄진다. 그러나 관련된 확률, 즉 조건부 확률을 계산하기 위해서는 목표 데이터 세트 내 언어를 통일해야 한다.
그런 의미에서, 기본적 접근과 기술적 접근 모두 동일한 딜레마를 겪고 있다: 핵심 측정 메트릭의 비정상성. 예를 들어, 주가는 시간에 따라 자주 변하고, 주가수익비율과 같은 가치 비율도 마찬가지다. 합리적인 통계 분석을 수행하기 위해서는 데이터 세트에 정상성(stationarity)을 부여해야 한다. 가격 행동을 시장 폭으로 변환하는 것은 누적 및 분배 세션을 추적하는 유효한 해결책 중 하나다.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" class="wp-image-954442" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-1024x576.jpg" sizes="(max-width: 1024px) 100vw, 1024px" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18151219/RGLD-stock-10wk-forecast.jpg 1280w" alt="" width="1024" height="576" /><figcaption class="wp-element-caption">Image by author</figcaption></figure>
이 틀 안에서 RGLD 주식은 금요일까지 &#8220;4-6-U&#8221; 시퀀스를 인쇄할 경로에 있다: 4주 상승, 6주 하락, 10주 기간 동안 순 긍정적 궤적. 드문 사건으로, 이 시퀀스는 지난 10년 동안 단 25회 발생했다. 특히, 72%의 경우 다음 주의 가격 행동이 상승으로 이어지며, 중간 수익률은 2.7%다.
4-6-U의 함의가 예상대로 진행된다면, RGLD 주식은 짧은 시간에 $185를 돌파할 수 있으며, 아마도 일주일 또는 이주일 내에 가능할 것이다. 만약 강세장이 시장을 지배한다면, $190 수준으로의 상승도 불합리하지 않을 것이며, 특히 기본적인 배경이 지지 요소로 작용하고 있다.
<h2 class="wp-block-heading">강세 트레이더를 위한 공격적인 콜 스프레드</h2>
위의 시장 정보를 바탕으로, 아마도 가장 공격적이지만 현실적인 거래는 7월 18일 만료되는 180/185 불 콜 스프레드를 구매하는 것이다. 이 거래는 $180 콜을 구매하고 동시에 $185 콜을 판매하여 순 지출로 280을 지불하는 것이다. 만약 RGLD 주식이 만료 시 단기 가격($185)을 초과하면, 최대 보상은 $220으로, 약 79%의 수익률을 나타낸다.
좀 더 위험을 감수하고 싶은 사람은 7월 18일 만료되는 180/190 불 스프레드를 고려할 수 있다. 이 거래는 더 높은 순 지출로 445를 지불한다. 그러나 최대 보상은 $555로, 거의 125%의 수익률로 환산된다.
두 거래에서 매력은 감정 체제의 내재적 변화에 집중된다. 기준선으로, RGLD 주식의 장기 포지션이 주어진 주에 수익성이 있을 확률은 52.29%에 불과하다. 따라서 4-6-U 시퀀스는 통계적으로 강세 투기자에게 &#8220;무료 확률&#8221;을 제공한다.
100% 명확히 하자면, 이는 긍정적인 결과를 보장하지 않는다. 오히려 옵션 시장에서 이미 위험을 감수할 준비가 된 사람들을 위해 조건부 확률의 사용은 트레이더가 경험적으로 알곡과 쭉정이를 구분하는 데 도움을 준다.
이 콘텐츠에 표현된 의견과 견해는 개인 저자의 것이며, 반드시 벤징가의 견해를 반영하지 않는다. 벤징가는 여기 제공된 정보의 정확성이나 신뢰성에 대해 책임지지 않는다. 이 콘텐츠는 정보 제공을 목적으로 하며 투자 조언이나 특정 증권을 매매하라는 추천으로 해석되지 않아야 한다. 독자들은 여기의 의견이나 정보에 의존하지 말고, 투자 결정을 내리기 전에 스스로 실사를 권장한다.
다음 읽기:
<ul class="wp-block-list">
<li><a href="https://kr.benzinga.com/news/usa/stocks/%EC%98%B5%EC%85%98-%EC%BD%94%EB%84%88-%EC%99%9C-%ED%8A%B8%EB%A0%88%EC%9D%B4%EB%93%9C-%EB%8B%A4%EC%9A%B4-%ED%9A%A8%EA%B3%BC%EA%B0%80-%ED%81%AC%EB%A1%9C%EA%B1%B0%EC%9D%98-%EB%B0%98%EC%A0%84%EC%9D%84/" target="_blank" rel="noopener">옵션 코너: 왜 트레이드 다운 효과가 크로거의 반전을 이끌 수 있는가</a></li>
</ul>
사진: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 더 많은 승리를 거두세요 
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. 
<a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor" target="_blank" rel="noreferrer noopener">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

지난 주, 미국과 중국이 서로의 상품에 대한 대부분의 관세를 일시적으로 인하하기로 합의하면서 금과 은 가격이 하락했다. 이는 <a href="https://www.benzinga.com//node/45429569" target="_blank" rel="noreferrer noopener">안전자산으로부터의 로테이션</a>을 촉발하고 있을 수 있다.
대부분의 금광주가 지난주 급락한 대형주 상위 목록을 차지했다.
<ol class="wp-block-list">
<li>유나이티드헬스 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) 주가는 범죄적인 메디케어 사기 <a href="https://www.benzinga.com//node/45443695" target="_blank" rel="noreferrer noopener">조사 가능성에 대한 언론 보도</a>에 반응하여 23.31% 하락했다.</li>
<li>피서브(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) 주가는 9.46% 하락했다.</li>
<li>알라모스 골드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>) 주가는 9.43% 하락했다.</li>
<li>아그니코 이글 마인스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) 주가는 9.27% 하락했다.</li>
<li>앵글로골드 아샨티(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) 주가는 9.06% 하락했다.</li>
<li>킨로스 골드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) 주가는 8.96% 하락했다.</li>
<li>휘튼 프레셔스 메탈(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>) 주가는 8.48% 하락했다.</li>
<li>골드 필즈(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) 주가는 8.47% 하락했다.</li>
<li>배릭 마이닝(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) 주가는 8.38% 감소했다.</li>
<li>로열 골드(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) 주가는 7.20% 급락했다.</li>
</ol>
이미지 출처: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 수익률을 높이세요.
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.

주식 시장 반등 이후 금 가격이 하락했지만, 한 전문가는 향후 2년간 금광 회사들의 "기록적인 수준의 잉여현금흐름"을 강조하면서 금광 회사들은 성장할 수 있는 준비가 되어 있다고 했다.
무슨 일 있었나: 크레스캣 캐피털의 거시 전략가인 오타비오 코스타는 금광 기업들의 2년 전방 잉여현금흐름 추정치 데이터에 주목하며 강력한 펀더멘털 성장 가능성을 강조했다. 
그가 공유한 차트에 따르면, 이들 기업의 잉여현금흐름 추정치는 2027년까지 필라델피아 금은 거래소가 예상한 금 가격 수준을 상회한다.
"최근 금 가격 하락에도 불구하고 채굴 기업들은 현재 환경에서 기록적인 수준의 잉여현금흐름을 제공할 수 있는 위치에 있다&#8221;고 그는 엑스(X) 게시물에서 밝혔다.
이 글을 게시하는 동안 금 현물 가격은 1.02% 하락하여 온스당 약 3,145.09달러를 기록했다. 이는 최근 사상 최고치인 온스당 3,500.33달러보다 훨씬 낮은 수준이다.
코스타는 "펀더멘털이 개선되더라도 자산 가격이 하락하는 것은 항상 매력적인 일"이라며 "투자자들은 점차 현재 벌어지고 있는 상황의 규모를 파악하기 시작하고 있지만, 내 생각에는 이미 채굴의 황금기에 접어들었다"고 덧붙였다.
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I've always found it compelling when prices of an asset decline even as fundamentals improve. Despite the recent pullback in gold, mining companies remain positioned to deliver record levels of free cash flow in the current environment. Investors are gradually beginning to… <a href="https://t.co/F6RGYWu9vu">pic.twitter.com/F6RGYWu9vu</a>&mdash; Otavio (Tavi) Costa (@TaviCosta) <a href="https://twitter.com/TaviCosta/status/1922836052143657281?ref_src=twsrc%5Etfw">May 15, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
왜 중요한가: 전문가들이 향후 더 높은 현금흐름의 가능성을 점치는 가운데 투자자들이 고려할 수 있는 몇 가지 금광 주식 목록은 다음과 같다.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
<div class="wp-block-embed__wrapper"> </div>
</figure>
<figure class="wp-block-table is-style-stripes">
<table class="has-fixed-layout">
<tbody>
<tr>
<td>주식</td>
<td>연초 대비 성과</td>
<td>1년 성과</td>
</tr>
<tr>
<td>하모니 골드 마이닝 컴퍼니 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>)</td>
<td>66.75%</td>
<td>50.59%</td>
</tr>
<tr>
<td>퍼페추아 리소시스 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>)</td>
<td>4.16%</td>
<td>104.44%</td>
</tr>
<tr>
<td>엘도라도 골드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>)</td>
<td>10.90%</td>
<td>16.00%</td>
</tr>
<tr>
<td>샌드스톰 골드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>)</td>
<td>40.98%</td>
<td>41.23%</td>
</tr>
<tr>
<td>아이엠골드 코퍼레이션 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>)</td>
<td>9.68%</td>
<td>36.61%</td>
</tr>
<tr>
<td>스키나 리소시스 (TSE: SKE)</td>
<td>14.77%</td>
<td>120.11%</td>
</tr>
<tr>
<td>킨로스 골드 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>36.54%</td>
<td>71.85%</td>
</tr>
<tr>
<td>뉴몬트 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>26.82%</td>
<td>12.66%</td>
</tr>
<tr>
<td>로얄 골드 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</td>
<td>23.11%</td>
<td>26.94%</td>
</tr>
<tr>
<td>앵글로골드 아샨티 (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>)</td>
<td>63.80%</td>
<td>60.64%</td>
</tr>
</tbody>
</table>
</figure>
가격 움직임: S&amp;P 500 지수와 나스닥 100 지수를 각각 추종하는 SPDR S&amp;P 500 ETF 신탁(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)과 인베스코 QQQ 신탁 ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)는 수요일에 상승세로 마감했다. <a href="https://pro.benzinga.com/dashboard" target="_blank" rel="noopener">벤징가 프로</a> 데이터에 따르면 SPY는 0.13% 상승한 587.59달러, QQQ는 0.60% 상승한 518.68달러를 기록했다.
이미지 출처: Shutterstock
Benzinga Pro의 독점 뉴스 및 도구로 수익률을 높이세요.
독점 속보 및 스캐너와 같은 Benzinga Pro의 강력한 도구 세트로 다른 트레이더보다 우위를 점하세요. <a href="https://www.benzinga.com/pro/register?t=be2bewe5mibe3bz3&amp;utm_source=bz-kor">여기를 클릭</a>하여 14일 무료 체험을 시작하세요.



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금 가격 하락에도 금광 회사들의 '역대급 현금흐름' 속 상승 전망···채굴의 황금기 올까?

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