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 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.

Equities

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Markets

GOLD

RGLD

저명한 경제학자 피터 쉬프는 도널드 트럼프가 카멀라 해리스를 제치고 대통령 선거에서 승리한 후 인플레이션 우려 속에서 투자자들에게 금 가격 하락 시 저가매수하라고 조언했다.피터 쉬프는 소셜 미디어 X 게시글을 통해 &#34;지금 최고의 트럼프 트레이딩 전략은 금 및 금광 주식을 하락장에서 매수하는 것&#34;이라며 &#34;우리는 세금 감면은 쉽지만 실질적인 지출 삭감은 불가능하다는 것을 경험으로 알고 있다&#34;고 했다. 그는 &#34;레이건 대통령조차도 더 큰 약속을 했지만 지키지 못했고, 트럼프 행정부는 인플레이션을 다시 크게 키울 것&#34;이라고 설명했다.

피터 쉬프, 트럼프 임기 내 인플레이션 급등 경고 &#34;세금 감면은 쉽지만 지출 삭감은 간단치 않아&#34;

Commodities

METC

2024년 5월 9일 주요 뉴스: 피드몬트 리튬(NASDAQ:PLL)은 69%의 기록적인 리튬 회수율을 달성한 노스 아메리칸 리튬(North American Lithium)에서 40,439드라이 메트릭톤(dmt)의 기록적인 생산량을 기록하며 1분기 실적을 보고했다. 

목요일 주요 광업 뉴스: 피드몬트 리튬, 라마코 리소스, 로얄 골드, 트레데거

Global

VALE

2024년 4월 17일의 주요 뉴스: 피츠버그 방문 중, 조 바이든 대통령은 중국산 철강과 알루미늄 수입품에 25% 관세를 부과하고 미국의 철강 부문에 힘을 실어줄 새로운 무역정책을 발표할 계획이다. 이번 조치는 일부 제품에 대한 미국 관세를 25%로 3배 이상 인상하고 다른 제품의 관세를 0% 또는 7.5%에서 인상함으로써 중국의 &#39;불공정한&#39; 무역 관행으로부터 미국 제조업 일자리를 보호하기 위한 것이다.

수요일 주요 광업 뉴스: 중국산 철강 및 알루미늄에 대한 25% 관세, 로얄 골드, 발리 등

Royal Gold Inc

Dividends

Royal Gold Increases Annual Dividend From $1.60 To $1.80 Per Share

Royal Gold's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NYSE">RGLD</a>) short percent of float has fallen 4.4% since its last report. The company recently reported that it has 2.19 million shares sold short, which is 5.0% of all regular shares that are available for trading. Based on its trading volume, it would take traders 7.47 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Royal Gold Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1731420026_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Royal Gold has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Royal Gold's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Royal Gold's peer group average for short interest as a percentage of float is 3.48%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into Royal Gold's Recent Short Interest

Raymond James analyst Brian MacArthur maintains Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) with a Outperform and raises the price target from $184 to $186.

Price Target

Analyst Ratings

Raymond James Maintains Outperform on Royal Gold, Raises Price Target to $186

Renowned economist Peter Schiff advised investors to buy gold dips amid concerns over potential inflation following Donald Trump&#8216;s presidential election victory over Kamala Harris.
What Happened: &#8220;The best Trump trade now is buying the dip in gold and gold mining stocks,&#8221; Schiff posted on X. &#8220;Cutting taxes is easy. We know from experience that substantive spending cuts are impossible. Even Reagan couldn&#8217;t do it, despite making greater promises to do so. Trump will make inflation great again.&#8221;
Trump secured 277 electoral votes and 51% of the popular vote against Harris, according to Associated Press figures. 
Major gold mining stocks, including Barrick Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>), Newmont (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>), and Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>), declined over 2% on Wednesday, while gold spot prices traded at $2,656, down 0.09%.
<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">The best <a href="https://twitter.com/hashtag/Trump?src=hash&amp;ref_src=twsrc%5Etfw">#Trump</a> trade now is buying the dip in <a href="https://twitter.com/hashtag/gold?src=hash&amp;ref_src=twsrc%5Etfw">#gold</a> and gold mining stocks. Cutting taxes is easy. We know from experience that substantive spending cuts are impossible. Even Reagan couldn&#39;t do it, despite making greater promises to do so. Trump will make <a href="https://twitter.com/hashtag/inflation?src=hash&amp;ref_src=twsrc%5Etfw">#inflation</a> great again.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1854213969382162539?ref_src=twsrc%5Etfw">November 6, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/24/11/41794926/trump-white-house-could-unlock-trillion-dollar-ai-potential-for-tesla-says-dan-ives">Trump White House Could Unlock Trillion-Dollar AI Potential For Tesla, Says Dan Ives</a>
Why It Matters: A recent Wall Street Journal survey found <a href="https://www.benzinga.com/news/24/10/41312782/trumps-economic-policies-expected-to-drive-inflation-and-deficits-higher-than-harris-economists-say">that 68% of economists expect higher inflation</a> under Trump&#8217;s economic policies compared to Harris&#8217;s proposals, up from 56% in July. The survey, conducted October 4-8, showed only 12% anticipated higher inflation under Harris.
Trump previously announced plans to appoint Tesla Inc CEO Elon Musk as &#8220;Secretary of Cost-Cutting&#8221; to lead a new government efficiency commission. Speaking at New York&#8217;s Madison Square Garden, Musk claimed he <a href="https://www.benzinga.com/startups/24/11/41704205/elon-musk-says-we-can-cut-2-trillion-out-of-the-harris-biden-budget-and-that-americans-money-is-bein">could reduce federal spending by $2 trillion</a>. The commission would conduct &#8220;a complete financial and performance audit of the entire federal government,&#8221; according to Trump.
Economist Justin Wolfers raised <a href="https://www.benzinga.com/news/24/11/41795320/trumps-20-tariff-plans-could-unleash-wave-of-spending-on-big-ticket-buys-in-holiday-quarter-says-eco">concerns about potential consumer behavior</a>, noting on X: &#8220;I wonder whether we are going to see a burst of spending on consumer durables in Q4, as people pull forward spending on big ticket items ahead of the tariffs.&#8221;
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41737614/elon-musks-political-posts-garner-17b-views-since-endorsing-trump-outpace-all-political-campaign-ads">Elon Musk&#8217;s Political Posts Garner 17B Views Since Endorsing Trump, Outpace All Political Campaign Ads Combined On X: Study Reveals 87 Misleading Claims With 2B Views</a></li>
</ul>
Image Via Unsplash
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.

Peter Schiff Says 'Cutting Taxes Is Easy' But Reducing Spending Not So Simple, Warns Of Inflation Spike Under Trump

Guidance

Royal Gold Currently Forecasts 2024 Metal Sales To Be Within Ranges Previously Provided, With Exception Of Silver;  Silver Sales To Be Modestly Below Low End Of Guidance Range Primarily Due To Lower Sales From Pueblo Viejo

Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) reported quarterly earnings of $1.47 per share which beat the analyst consensus estimate of $1.33 by 10.53 percent. The company reported quarterly sales of $193.84 million which beat the analyst consensus estimate of $185.19 million by 4.67 percent. This is a 39.84 percent increase over sales of $138.62 million the same period last year.

Earnings

Earnings Beats

Royal Gold Q3 2024 Adj EPS $1.47 Beats $1.33 Estimate, Sales $193.84M Beat $185.19M Estimate

Royal Gold's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NYSE">RGLD</a>) short percent of float has risen 3.36% since its last report. The company recently reported that it has 2.29 million shares sold short, which is 5.23% of all regular shares that are available for trading. Based on its trading volume, it would take traders 9.27 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Royal Gold Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730394923_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Royal Gold has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Royal Gold's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Royal Gold's peer group average for short interest as a percentage of float is 3.47%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Whales with a lot of money to spend have taken a noticeably bullish stance on Royal Gold.
Looking at options history for Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) we detected 10 trades.
If we consider the specifics of each trade, it is accurate to state that 50% of the investors opened trades with bullish expectations and 30% with bearish.
From the overall spotted trades, 3 are puts, for a total amount of $242,550 and 7, calls, for a total amount of $576,145.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $92.5 to $180.0 for Royal Gold over the recent three months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Royal Gold's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Royal Gold's whale activity within a strike price range from $92.5 to $180.0 in the last 30 days. 
<h3>Royal Gold 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1729281678_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>RGLD</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$63.2</td>
<td>$60.2</td>
<td>$61.32</td>
<td>$92.50</td>
<td>$306.6K</td>
<td style="text-align: right;">106</td>
<td style="text-align: right;">50</td>
</tr>
<tr>
<td>RGLD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/21/25</td>
<td>$12.1</td>
<td>$11.1</td>
<td>$11.2</td>
<td>$145.00</td>
<td>$100.7K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">211</td>
</tr>
<tr>
<td>RGLD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/21/25</td>
<td>$12.5</td>
<td>$11.6</td>
<td>$11.83</td>
<td>$145.00</td>
<td>$87.3K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">120</td>
</tr>
<tr>
<td>RGLD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/21/25</td>
<td>$10.7</td>
<td>$9.9</td>
<td>$9.91</td>
<td>$180.00</td>
<td>$74.7K</td>
<td style="text-align: right;">5</td>
<td style="text-align: right;">120</td>
</tr>
<tr>
<td>RGLD</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>11/21/25</td>
<td>$12.5</td>
<td>$11.6</td>
<td>$12.1</td>
<td>$145.00</td>
<td>$54.4K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">45</td>
</tr>
</tbody>
</table>

<h3>About Royal Gold</h3>
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.
In light of the recent options history for Royal Gold, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Where Is Royal Gold Standing Right Now?</h3>
<ul>
<li>With a trading volume of 242,517, the price of RGLD is up by 3.02%, reaching $152.94.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 19 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Royal Gold</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $154.0.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Maintaining their stance, an analyst from Jefferies continues to hold a Hold rating for Royal Gold, targeting a price of $154. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Royal Gold with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Check Out What Whales Are Doing With RGLD

Royal Gold's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NYSE">RGLD</a>) short percent of float has fallen 3.44% since its last report. The company recently reported that it has 2.22 million shares sold short, which is 5.06% of all regular shares that are available for trading. Based on its trading volume, it would take traders 5.12 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Royal Gold Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1728913524_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Royal Gold has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Royal Gold's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Royal Gold's peer group average for short interest as a percentage of float is 3.24%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

In the preceding three months, 6 analysts have released ratings for Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>), presenting a wide array of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $161.17, along with a high estimate of $175.00 and a low estimate of $141.00. Witnessing a positive shift, the current average has risen by 5.11% from the previous average price target of $153.33.
<img src="https://www.benzinga.com/files/images/story/2024/1728068544_0_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of Royal Gold among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Matthew Murphy</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$154.00</td>
<td>$141.00</td>
</tr>
<tr>
<td>Tanya Jakusconek</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$157.00</td>
<td>$148.00</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperformer</td>
<td>$170.00</td>
<td>$167.00</td>
</tr>
<tr>
<td>Matthew Murphy</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$141.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Anita Soni</td>
<td>CIBC</td>
<td>Raises</td>
<td>Neutral</td>
<td>$175.00</td>
<td>$166.00</td>
</tr>
<tr>
<td>Jackie Przybylowski</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$170.00</td>
<td>$168.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Royal Gold. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Royal Gold compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Royal Gold's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Capture valuable insights into Royal Gold's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RGLD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Royal Gold analyst ratings.</a>
<h2>Delving into Royal Gold's Background</h2>
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.
<h3>Royal Gold: A Financial Overview</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Royal Gold's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of 20.86%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Materials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Royal Gold's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 46.65% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Royal Gold's ROE excels beyond industry benchmarks, reaching 2.76%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Royal Gold's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.47% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.02.
<h2>The Significance of Analyst Ratings Explained</h2>
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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Unveiling 6 Analyst Insights On Royal Gold

Jefferies analyst Matthew Murphy maintains Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) with a Hold and raises the price target from $141 to $154.

Jefferies Maintains Hold on Royal Gold, Raises Price Target to $154

WIIM

SAND

SSRM

Shares of gold companies are trading higher following a spike in the price of the safe haven asset after Iran launched a missile attack on Israel.

Shares of precious metals companies are trading lower amid a pullback in gold and silver.

Shares of gold companies are trading higher after the price of the commodity reached all-time highs following last week's Fed rate cut.

Shares of precious metals stocks are trading higher as gold and silver rise after the Fed on Wednesday cut rates by 50 basis points.

Shares of gold stocks are trading higher in sympathy with overall market sentiment after the Fed policy decision to cut rates by 50 basis points.

Source: <a href="https://www.streetwisereports.com/article/2024/08/16/diverse-issues-offset-mostly-strong-revenues.html?utm_medium=feed">Adrian Day 08/16/2024</a>
Global Analyst Adrian Day reviews results from six major resource companies, four of which are royalty companies.
The quarterly results we look at today from six major resource companies mostly include higher revenues and cash flows, which is not unexpected given that the gold price was $250 an ounce higher than in the first quarter.
However, they also show some companies are still struggling with costs. Above all, they clearly illustrate Robert Friedland&#39;s quip that &quot;Murphy works overtime in the mining business.&quot;
The last quarter includes a power outage, equipment failures, arbitration, a heap leach failure, a broken agreement, and construction delays. And more. It reinforces that mining is a difficult business, and so too for the royalty companies that reap some of the rewards. Guidance and market forecasts are all too often set with the expectation of perfection. Companies that had unexpected problems saw their stock prices slammed.
<h2>Wheaton Has Strong Quarter as It Ramps up Production</h2>
Wheaton Precious Metals Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wpm#NYSE">WPM</a>) was the exception, with a strong quarter in which nothing meaningful went wrong. It is on track to achieve the upper end of its full-year guidance. Production was stronger than expected, driven by outperformance at its largest asset, Salobo, as Phase III continues its ramp-up, as well as strong performance at Pe&ntilde;asquito and Antamina.
Sales were lower due to timing differences between production and sales. There are some major new assets on which it holds streams moving towards production, including Ivanhoe&#39;s Platreef, where an updated feasibility study is scheduled for the fourth quarter; this will be one of the world&#39;s largest platinum producers. There are six other projects under construction and more predevelopment projects, allowing Wheaton to move from this year&#39;s production range of 550,000 to 620,000 GEOs to over 850,000 a year from 2029 onwards.
<h2>Company Has Strong Pipeline With Balance Sheet To Transact</h2>
The pipeline for new deals is very busy, with larger transactions under consideration, mostly in the pre-construction phase, with some over half-a-billion in size.
This is a change from recent Wheaton activity which saw it making some very small transactions, some as small as $20 million. The company has a rock-solid balance sheet, with $540 million in cash, up $234 million on the quarter, with total liquidity of $2.5 billion.
We are long-term holders.
<h2>Royal on Track To Meet Guidance With Strong Revenues</h2>
Royal Gold Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rgld#NASDAQ">RGLD</a>) reported quarterly financials better than expected, even after pre-releasing its streaming sales, which constitute the bulk of its revenues. Revenue was up 17% quarter-on-quarter, primarily due to higher metal prices but also higher copper sales at Mount Milligan and higher gold and silver production from Pe&ntilde;asquito, partially offset by lower sales at Pueblo Viejo, where the expansion is still in ramp-up. G&amp;A cash costs remain flat. The company is tracking its guidance, which remains unchanged.
During the quarter, Royal acquired additional royalties on B2Gold&#39;s Back River project. The royalties are different in structure (NSR and GSR) as well as having hurdles and variable rates; the company estimates that, in aggregate, their royalties approximate a 1.1% gross smelter royalty. With a further $100 million paydown on its debt, the company is now net cash positive, with just $50 million of debt outstanding and available liquidity of $1 billion. The debt is expected to be paid off next week, eliminating the debt taken on to acquire three major royalties over the past two years (Cortez, Great Bear, and Back River), which the company acquired without any equity dilution.
Royal has strong free cash flow, and near-term growth as well as some longer-term potential.
<h2>Osisko Lowers Full-Year Guidance as It Writes off Mine Royalty</h2>
Osisko Gold Royalties Ltd. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/or#NYSE">OR</a>) saw a reasonable second quarter, in line with its guidance, but due, as acknowledged by the company, to higher metals prices. Gold Equivalent Ounces (GEOs), which had been pre-released, declined slightly. It lowered its second-half guidance on the back of the suspension of the Eagle Mine in the Yukon following a heap leach failure at the end of the quarter.
Osisko decided to take a full impairment on the royalty it holds on the mine, stating that it has no visibility on when the mine might restart and is not expecting any ounces for the rest of the year. There is also a delay in the ramp-up of one of its new royalty assets, Mantos Blancos, contributing to the lower-than-expected second half. It does have three new assets paying in the second half, including Tocantinzinho, which has already started producing but on which royalty payments have a three-month delay. It has already received initial payments from a new Agnico Mine as well as the CSA copper assets in Australia.
<h2>New Assets Starting Up</h2>
Paying down debt is the company&#39;s first priority, other than doing new transactions. After repaying $44 million during the quarter, it now has $109 million in debt and $67 million in cash. With a credit facility, it has access to capital and a strong balance sheet.
Though the second half will be weaker than earlier expected, there are three new paying assets, and behind these a strong pipeline. Osisko has 20 producing assets, with 98% of revenues now from gold and silver and a very strong political risk profile. The new CEO is proving himself to be capable and focused.
Osisko is a Buy.
<h2>Altius Financials as Expected, as Major Decision and Transaction Awaited</h2>
Altius Minerals Corp. (OTC: <a class="ticker" href="https://www.benzinga.com/stock/atusf#OTC">ATUSF</a>) reported financials for the quarter more-or-less as expected after pre-releasing royalty revenue. As always, with a diverse portfolio, there are winners and losers: potash fell again from its extraordinarily high pricing levels in 2023, while base metals saw continued gains. The iron ore segment recovered, and renewal royalties, while lower than an exceptional first quarter, are growing strongly, more than 50% above the year-ago quarter.
In all, royalty revenue of $21.7 million rose nearly 25% in the last quarter (and 17% from the year-ago quarter). The outlook looks strong. The renewables company saw one new project come on line in the last quarter, with another this quarter and several new deals closing. Altius holds royalties on three projects in its base and battery metals division, which are currently under construction, while Champion Iron is continuing discussions on finding a partner for its Kami iron-ore project, for which Altius holds a royalty. The high-priority iron ore that Kami will produce was recently designated as a &quot;critical mineral&quot; by Canada.
<h2>Silicon-Merlin Will Be the Major Drive in the Near Term</h2>
In the near term, however, the major development will be the disposition of the royalty it holds on AngloGold&#39;s Silicon-Merlin deposit in southern Nevada.
The deposit continues to advance, with some exceptional assay results from its infill drilling at Merlin, including a stunning 0.53 g/t gold over 144.5 meters. It drilled 66,000 km during the first half, mostly infill, though we know there has also been aggressive drilling to the west of the Merlin deposit, with the company saying it had hit &quot;very exciting&quot; new intercepts. A Pre-Feasibility Study on Merlin is expected to be finished in late 2025. The region has a current resource of 17.5 million ounces, and Anglo projects the district producing 500,000 ounces a year. Altius holds a 1.5% royalty with the area of interest under arbitration; another recommended company, Orogen, holds a 1% royalty on the main deposit, which is undisputed. 
Altius has already received preliminary bids from companies, with CEO Brian Dalton saying that the &quot;strong and diverse proposals . . . highlighted a meaningful disconnect between how its value is perceived by (the) financial industry versus the royalty industry professionals.&quot; Once it has received the decision on its arbitration, it intends to seek final bids and will then make a decision on whether to accept a bid (to sell or swap for base metals royalties) or to hold the royalty. I do not want to read too much into that comment from Dalton, but it was interesting to hear him raise again the possibility of keeping the royalty.
<h2>Altius Buyback Stock, as Improving Balance Sheet Improves</h2>
Altius repurchased 119,000 of its shares during the quarter, and it is no secret that the company wants to repurchase more shares if it sells that royalty. It has cash of a little over $19 million after receiving $9 million in settlement of a loan receivable, plus holdings in public companies totaling over $371 million. These include over $176 million of shares in Altius Renewal Royalties and nearly $56 million in its Project Generation&quot; portfolio.
I am not suggesting that these are all for sale &mdash; though it has been sold some shares from its PG portfolio &mdash; but they do strengthen the balance sheet. It has $93 million available on its credit facility. Altius is a core holding for us, offering broad exposure to the commodity universe with some of the most astute management in the business.
Hold and look to buy on any weakness.
<h2>Pan American&#39;s Production Down at Ongoing Mine Problems</h2>
Pan American Silver Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/paas#NYSE">PAAS</a>) had a mixed quarter with slightly lower production and overall costs higher, though with lower costs for silver quarter-on-quarter ($14.49/oz cash costs). Ongoing issues at two mines, La Colorado and Dolores, hurt production. However, boosted by the higher metals prices, Pan American saw record cash flow from operations during the quarter.
The company reiterated its guidance, expecting production to be weighted towards the fourth quarter and, overall, silver production to be at the low end of the range. The rest of the year should bring improvement from La Colorada following the completion of the new ventilation system and $245 million in cash from the closing of the La Arena sale. There is also potential for the re-start of Escobal; several meetings with the government were held recently after delays caused by the change in government.
The company has a strong balance sheet, with $369 million in cash and a net debt of $472 million. It continued to buy back stock, bringing the total for the year to date to 1.7 million shares for just over $24 million (indicating that most shares were bought early on in the year, given the average cost of just over $14). The company reiterated that it expected additional divestments of non-core assets.
Pan American is a Buy, for operational turnaround, and Escobal potential, as well as strong management and balance sheet.
<h2>Fortuna&#39;s Revenue Disappointments but Issues Are Temporary</h2>
Fortuna Silver Mines Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/fsm#NYSE">FSM</a>) reported revenue slightly lower than expected and costs higher. All-in sustaining Costs (AISC) at $1,656/oz were meaningfully higher than the first quarter&#39;s $1,495 due to three factors: higher power costs in West Africa, planned maintenance at Lindero, and higher per-ounce costs at San Jose as that mine runs down as it approaches the end of its reserve life. The first two factors here are temporary; Fortuna now has full generator capacity at its S&eacute;qu&eacute;la mine, so costs are expected to come down again in the second half of the year.
Despite these challenges, Fortuna is on track to meet its full-year guidance. Operations are doing well, and there has been some good exploration success, in particular around the S&eacute;qu&eacute;la mine. At San Jose, in Mexico, the company is continuing to explore alternatives: continuing to mine, closing the mine, or putting it on care and maintenance pending greater reserves from exploration. It will have a decision in the third quarter. The company continues to strengthen its balance sheet. A convertible issue allowed it to fully repay its credit facility and redeem an existing convertible, partly in cash and partly in shares.
Overall, the new convertible reduced its interest rate from over 7% to just 3.75%. Net debt is now just $66 million. It has $350 million in available liquidity. We like Fortuna for its diversified asset base, its strong management, and solid balance sheet, as well as strong brownfields potential.
Important Disclosures:
<ol>
<li>As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Wheaton Precious Metals Corp., Osisko Gold Royalties Ltd., Altius Minerals Corp., Pan American Silver Corp., Fortuna Mining Corp., Franco-Nevada Corp., Lara Exploration Ltd., Metalla Royalty &amp; Streaming, and Fox Riv Res Corp.</li>
<li>Adrian Day: I, or members of my immediate household or family, own securities of: All. My company has a financial relationship with: All. I determined which companies would be included in this article based on my research and understanding of the sector.</li>
<li>Statements and opinions expressed are the opinions of the author and not of Streetwise Reports, Street Smart, or their officers. The author is wholly responsible for the accuracy of the statements. Streetwise Reports was not paid by the author to publish or syndicate this article. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Any disclosures from the author can be found below. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.</li>
<li>This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports&#39; terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.</li>
</ol>
Adrian Day Disclosures
Adrian Day&#39;s Global Analyst is distributed for $990 per year by Investment Consultants International, Ltd., P.O. Box 6644, Annapolis, MD 21401. (410) 224-8885. <a href="http://www.AdrianDayGlobalAnalyst.com" title="www.AdrianDayGlobalAnalyst.com">www.AdrianDayGlobalAnalyst.com</a>. Publisher: Adrian Day. Owner: Investment Consultants International, Ltd. Staff may have positions in securities discussed herein. Adrian Day is also President of Global Strategic Management (GSM), a registered investment advisor, and a separate company from this service. In his capacity as GSM president, Adrian Day may be buying or selling for clients securities recommended herein concurrently, before or after recommendations herein, and may be acting for clients in a manner contrary to recommendations herein. This is not a solicitation for GSM. Views herein are the editor&#39;s opinion and not fact. All information is believed to be correct, but its accuracy cannot be guaranteed. The owner and editor are not responsible for errors and omissions. &copy; 2023. Adrian Day&#39;s Global Analyst. Information and advice herein are intended purely for the subscriber&#39;s own account. Under no circumstances may any part of a Global Analyst e-mail be copied or distributed without prior written permission of the editor. Given the nature of this service, we will pursue any violations aggressively.

Large Cap

Mid Cap

Penny Stocks

Buybacks

Small Cap

ATUSF

PAAS

Diverse Issues Offset Mostly Strong Revenues

Ratings for Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) were provided by 7 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $156.0, a high estimate of $175.00, and a low estimate of $131.00. Surpassing the previous average price target of $150.29, the current average has increased by 3.8%.
<img src="https://www.benzinga.com/files/images/story/2024/1724083245_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The analysis of recent analyst actions sheds light on the perception of Royal Gold by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Tanya Jakusconek</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$157.00</td>
<td>$148.00</td>
</tr>
<tr>
<td>Brian MacArthur</td>
<td>Raymond James</td>
<td>Raises</td>
<td>Outperformer</td>
<td>$170.00</td>
<td>$167.00</td>
</tr>
<tr>
<td>Matthew Murphy</td>
<td>Jefferies</td>
<td>Raises</td>
<td>Hold</td>
<td>$141.00</td>
<td>$130.00</td>
</tr>
<tr>
<td>Anita Soni</td>
<td>CIBC</td>
<td>Raises</td>
<td>Neutral</td>
<td>$175.00</td>
<td>$166.00</td>
</tr>
<tr>
<td>Jackie Przybylowski</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$170.00</td>
<td>$168.00</td>
</tr>
<tr>
<td>Michael Jalonen</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Underperform</td>
<td>$131.00</td>
<td>$129.00</td>
</tr>
<tr>
<td>Tanya Jakusconek</td>
<td>Scotiabank</td>
<td>Raises</td>
<td>Sector Perform</td>
<td>$148.00</td>
<td>$144.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Royal Gold. This information offers a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Royal Gold compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Royal Gold's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
Capture valuable insights into Royal Gold's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/RGLD/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on Royal Gold analyst ratings.</a>
<h2>All You Need to Know About Royal Gold</h2>
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.
<h3>Royal Gold: Financial Performance Dissected</h3>
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Royal Gold showcased positive performance, achieving a revenue growth rate of 20.86% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Materials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 46.65%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Royal Gold's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.76%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Royal Gold's ROA surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 2.47% ROA, the company effectively utilizes its assets for optimal returns.
Debt Management: Royal Gold's debt-to-equity ratio is below the industry average. With a ratio of 0.02, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
<h2>Analyst Ratings: What Are They?</h2>
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For Royal Gold's Future

Scotiabank analyst Tanya Jakusconek maintains Royal Gold (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) with a Sector Perform and raises the price target from $148 to $157.

Scotiabank Maintains Sector Perform on Royal Gold, Raises Price Target to $157

Royal Gold, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rgld#NASDAQ">RGLD</a>) reported adjusted earnings per share of $1.25 in second-quarter 2024, beating the Zacks Consensus Estimate of $1.17. The bottom line increased 42% year over year.
Including one-time items, the company reported an EPS of $1.23 compared with the prior-year quarter&#39;s 97 cents.
<div class="chart_embed">
<h3>Royal Gold, Inc. Price, Consensus and EPS Surprise</h3>
<img alt="Royal Gold, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/85/1723472958.png" style="height:281px; width:620px" title="" />
Royal Gold, Inc. price-consensus-eps-surprise-chart | Royal Gold, Inc. Quote
RGLD generated revenues of $174 million, up 20.8% year over year. The upside resulted primarily from higher metal prices and copper sales at Mount Milligan. Increased gold and silver production at Pe&ntilde;asquito also drove the results. However, the gains were partially offset by lower gold and silver sales at Pueblo Viejo.
Stream revenues were $123 million and royalty revenues were $51 million in the June-end quarter. Stream revenues increased 15.9% year over year, whereas royalty revenues improved 34.5%.
The company&#39;s cost of sales was $24 million in the second quarter compared with the prior-year quarter&#39;s $23 million.
General and administrative expenses amounted to $10.5 million, up 16% year over year. The adjusted EBITDA was $141 million in the reported quarter, up 23.1% year over year. The adjusted EBITDA margin came in at 81% compared with the prior-year quarter&#39;s 80%.
</div>
<h3>Financial Position</h3>
Net cash from operating activities was $113.5 million in the second quarter compared with the prior-year quarter&#39;s $108 million. Royal Gold ended the quarter with cash and cash equivalents of around $74 million compared with $104 million at the end of 2023.
<h3>Price Performance</h3>
In the past year, RGLD shares have gained 16.2% compared with the industry&#39;s growth of 24.9%.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/13/74031.jpg?v=1423203206" />
Image Source: Zacks Investment Research
<h3>Zacks Rank</h3>
Royal Gold currently carries a Zacks Rank #3 (Hold).
<h3>Peer Performances</h3>
Agnico Eagle Mines Limited (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aem#NYSE">AEM</a>) reported adjusted earnings of $1.07 per share in the second quarter of 2024, up from 65 cents in the year-ago quarter. The bottom line topped the Zacks Consensus Estimate of 93 cents.
The company generated revenues of $2.08 billion, up nearly 21% year over year. The top line surpassed the Zacks Consensus Estimate of $1.72 billion.
Galiano Gold Inc. reported adjusted earnings of 3 cents per share in second-quarter 2024, beating the Zacks Consensus Estimate of break-even results. It reported adjusted earnings of 5 cents in the year-ago quarter.
Galiano Gold generated revenues of $63 million in the quarter.
Kinross Gold Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kgc#NYSE">KGC</a>) reported adjusted earnings of 14 cents per share, in line with the prior-year quarter. The bottom line beat the Zacks Consensus Estimate of 13 cents.
Revenues rose nearly 12% year over year to $1.22 billion in the second quarter. It topped the Zacks Consensus Estimate of $1.02 billion.
<a href="https://www.zacks.com/stock/news/2320904/royal-gold-rgld-earnings-beat-estimates-in-q2-rise-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2320904">To read this article on Zacks.com click here.</a>

Royal Gold Earnings Beat Estimates in Q2, Rise Y/Y

Royal Gold, Inc. (RGLD) Q3 2024 Earnings Call Transcript

In a report released today, Cosmos Chiu from CIBC maintained a Hold rating on Royal Gold (RGLD – Research Report), with a price target of $175.00. ...

CIBC Remains a Hold on Royal Gold (RGLD)

Royal Gold: Record Q3 Sales Despite Drag From Key Contributors

RBC Capital analyst Josh Wolfson maintained a Buy rating on Royal Gold (RGLD – Research Report) on November 11 and set a price target of $155.00. T...

Royal Gold (RGLD) Receives a Buy from RBC Capital

Merck Among 10 Companies To Announce Annual Dividend Increases In Second Half Of November

Precious Metals Royalty And Streaming Companies: The October Report

Royal Gold boost quarterly dividend by 12.5% to $0.45

Royal Gold (RGLD) announced that its board of directors approved an increase in the company's annual calendar year common stock dividend of 12.5% f...

Royal Gold boosts quarterly dividend to 45c per share

The latest update is out from Royal Gold ( ($RGLD) ). Royal Gold, Inc. has announced the extension of employment agreements for key executives and ...

Royal Gold Strengthens Governance with Key Executive Moves

Scotiabank raised the firm's price target on Royal Gold (RGLD) to $166 from $157 and keeps a Sector Perform rating on the shares. The firm has adju...

Royal Gold price target raised to $166 from $157 at Scotiabank

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Press Releases

Royal Gold Announces Fourth Quarter Dividend

Royal Gold Presenting at the 2024 Jefferies Industrials Conference

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, September 11, 2024

Royal Gold Presenting at the Gold Forum Americas 2024

Royal Gold Presenting at the John Tumazos Very Independent Research 2024 Virtual Conference

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, October 16, 2024

Royal Gold Provides Update on Q3 2024 Stream Segment Sales and Details for Release of Q3 2024 Results

Royal Gold Reports Third Quarter Results with Record Revenue, Significant Increases in Operating Cash Flow and Earnings, and a Debt-Free Balance Sheet

Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, November 27, 2024

Royal Gold Announces the 24th Consecutive Annual Increase in the Common Stock Dividend to $1.80 Per Share for 2025, a 12.5% Increase over the 2024 Dividend

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저명한 경제학자 피터 쉬프는 도널드 트럼프가 카멀라 해리스를 제치고 대통령 선거에서 승리한 후 인플레이션 우려 속에서 투자자들에게 금 가격 하락 시 저가매수하라고 조언했다.
피터 쉬프는 소셜 미디어 X 게시글을 통해 &#8220;지금 최고의 트럼프 트레이딩 전략은 금 및 금광 주식을 하락장에서 매수하는 것&#8221;이라며 &#8220;우리는 세금 감면은 쉽지만 실질적인 지출 삭감은 불가능하다는 것을 경험으로 알고 있다&#8221;고 했다. 그는 &#8220;레이건 대통령조차도 더 큰 약속을 했지만 지키지 못했고, 트럼프 2기 행정부는 인플레이션을 다시 크게 키울 것&#8221;이라고 설명했다.
AP 통신의 집계에 따르면 트럼프는 해리스에 맞서 선거인단 277명과 대중 투표 51%를 확보했다.
주요 금광 주식인 배릭 골드(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE" target="_blank" rel="noopener">GOLD</a>), 뉴몬트(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE" target="_blank" rel="noopener">NEM</a>), 로열 골드(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ" target="_blank" rel="noopener">RGLD</a>)는 수요일(6일)에 2% 이상 하락했으며, 금 현물 가격은 0.09% 하락한 2,656달러에 거래되었다.
더 읽기: <a href="https://kr.benzinga.com/news/usa/stocks/%EB%8C%84-%EC%95%84%EC%9D%B4%EB%B8%8C%EC%8A%A4-%ED%8A%B8%EB%9F%BC%ED%94%84-2%EA%B8%B0-%ED%96%89%EC%A0%95%EB%B6%80-%ED%85%8C%EC%8A%AC%EB%9D%BC%EC%97%90-1%EC%A1%B0-%EB%8B%AC%EB%9F%AC-%EA%B7%9C/" target="_blank" rel="noopener">댄 아이브스 "트럼프 2기 행정부, 테슬라에 1조 달러 규모 AI 잠재력 열어줄 것"</a>
최근 월스트리트 저널의 조사에 따르면 <a href="https://www.benzinga.com/news/24/10/41312782/trumps-economic-policies-expected-to-drive-inflation-and-deficits-higher-than-harris-economists-say" target="_blank" rel="noopener">68%의 경제학자들이 트럼프 경제 정책 하에서 인플레이션이 더 높아질 것으로 예상한다고 응답했다.</a> 이는 7월의 56%에서 증가한 수치다. 해당 조사는 10월 4일부터 8일 사이에 실시되었으며, 해리스 하에서는 인플레이션이 높아질 것이라고 예상한 응답자는 12%에 불과했다.
트럼프는 앞서 테슬라의 일론 머스크 CEO를 새로운 정부효율성 부서를 이끌 &#8216;비용 절감 장관&#8217;으로 임명할 계획을 발표한 바 있다. 머스크는 뉴욕의 매디슨스퀘어 가든에서 연설하면서 <a href="https://www.benzinga.com/startups/24/11/41704205/elon-musk-says-we-can-cut-2-trillion-out-of-the-harris-biden-budget-and-that-americans-money-is-bein" target="_blank" rel="noopener">연방 지출을 2조 달러까지 줄일 수</a> 있다고 주장했다. 트럼프에 따르면 정부효율성 부서는 "연방정부 전체에 대한 완전한 재정 및 성과 감사"를 실시할 것이라고 한다.
경제학자 저스틴 울퍼스는 <a href="https://www.benzinga.com/news/24/11/41795320/trumps-20-tariff-plans-could-unleash-wave-of-spending-on-big-ticket-buys-in-holiday-quarter-says-eco" target="_blank" rel="noopener">잠재적인 소비자 행동에 대한 우려</a>를 제기하며 "관세를 앞두고 사람들이 고가 품목에 대한 지출을 앞당기면서 4분기에 내구재 소비가 급증할지 궁금하다"고 언급했다.
더 읽기: 
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<li><a href="https://kr.benzinga.com/news/usa/stocks/%EC%BA%90%EC%8B%9C-%EC%9A%B0%EB%93%9C%EC%9D%98-%EC%88%98%EC%9A%94%EC%9D%BC-%EA%B1%B0%EB%9E%98-%EB%AA%A8%EB%8D%94%EB%82%98%EC%99%80-%EC%9E%AD-%EB%8F%84%EC%8B%9C%EC%9D%98-%EB%B8%94%EB%A1%9D-%EC%A3%BC/" target="_blank" rel="noopener">캐시 우드의 수요일 거래: 모더나와 잭 도시의 블록 주식 매도</a></li>
</ul>
이미지 출처: Unsplash
면책 사항: 이 기사는 부분적으로 <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">벤징가 뉴로(Benzinga Neuro)</a>의 도움을 받아 작성되었으며, 벤징가 에디터가 검토한 후 게시했습니다.
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피터 쉬프, 트럼프 임기 내 인플레이션 급등 경고 "세금 감면은 쉽지만 지출 삭감은 간단치 않아"

<h3 class="wp-block-heading">2024년 5월 9일 주요 뉴스:</h3>
<ol>
<li>피드몬트 리튬(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLL#NASDAQ">PLL</a>)은 69%의 기록적인 리튬 회수율을 달성한 노스 아메리칸 리튬(North American Lithium)에서 40,439드라이 메트릭톤(dmt)의 기록적인 생산량을 기록하며 <a href="https://www.benzinga.com/news/earnings/24/05/38727020/piedmont-lithium-q1-2024-adj-eps-0-61-misses-0-54-estimate-sales-13-400m-miss-15-367m-estimate">1분기 실적</a>을 보고했다.</li>
</ol>
이 회사는 하반기에 최대 가동률 생산을 기대하고 있으며, 주로 하반기에 연간 약 126,000dmt를 출하할 계획이다.
2024년 3월 31일 기준 스포듀민 정광(spodumene concentrate) 15,500dmt의 판매로 매출은 1,340만 달러에 달했으며, 현금 보유액은 7,140만 달러에 달했다.
피드몬트는 2024년 하반기에 출하량은 두 배로, 투자 비용은 절반으로 줄일 것으로 예상하고 있다.
캐롤라이나 리튬에 대한 채굴 허가도 2024년 5월에 발행되어 자금 조달 논의가 활발해졌다.
<ol start="2">
<li>라마코 리소스(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METC#NASDAQ">METC</a>)는 1분기 순이익 200만 달러, 조정 EBITDA 2,420만 달러를 보고했는데, 이는 둘 다 2023년 4분기보다 크게 감소한 수치이다.</li>
</ol>
어려운 지질학적 문제와 노동 문제로 인해 석탄 가격이 낮아지고 채굴 비용이 높아지면서 결과에 영향을 미쳤다.
이 회사는 3월에 대부분의 수출품을 저렴한 가격으로 선적했으며 신용 시설을 2억 달러로 늘렸으며 옵션을 2억 7,500만 달러까지 늘릴 수 있었다.
라마코는 또한 2024년 6월에 지급할클래스 A와 B 주식의 분기 배당금도 선언했다.
또 읽기: <a href="https://www.benzinga.com/news/24/05/38703659/de-grey-mining-plans-to-raise-395m-for-major-gold-project-in-australia" target="_blank" rel="noopener">드 그레이 마이닝</a><a href="https://www.benzinga.com/news/24/05/38703659/de-grey-mining-plans-to-raise-395m-for-major-gold-project-in-australia">, 호주의 주요 금 프로젝트를 위해 3억 9500만 달러 조달할 계획</a>
<ol start="3">
<li>로얄 골드(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)는 1분기 순이익은 4,720만 달러, 매출 1억 4,890만 달러, 영업현금흐름은 1억 3,830만 달러를 기록했다.</li>
</ol>
이 회사는 이번 분기에 1억 달러의 부채를 상환하고, 총 부채를 1억 5천만 달러로 줄였으며, 유동성을 9억 6,600만 달러로 늘렸다.
매출은 주로 금(75%)에서 발생했으며, 은(13%), 구리(9%)가 그 뒤를 이었다. 이 회사는 71,900 금 상당 온스를 판매했으며 79%의 높은 조정 EBITDA 마진을 유지했다.
분기별 배당금은 주당 40센트로 7% 증가했으며, 분기 이후 회사는 추가로 7,500만 달러의 부채를 상환하여 총 부채를 7,500만 달러로 줄였다.
<ol start="4">
<li>트레데거(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TG#NYSE">TG</a>)는 1분기 순이익은 330만 달러로 2023년 1분기 손실 100만 달러에서 상승했다.</li>
</ol>
알루미늄 압출 부문의 EBITDA는 전년 동기 대비 1,460만 달러에서 1,250만 달러로 감소한 반면, PE 필름의 EBITDA는 180만 달러에서 690만 달러로 증가했다.
부문별 판매량은 엇갈린 결과를 보였으며, 2023년 1분기에 비해 순 신규 주문은 61% 증가했다.
이 회사는 터패인(Terphane)이라는 유연한 포장 필름 사업 부문을 매각하는 과정에 있다.
지금 읽기: <a href="https://www.benzinga.com/markets/cryptocurrency/24/05/38731223/barrick-gold-ceo-says-mergers-wont-fix-the-copper-shortage">배릭 골드 CEO, 합병도 구리 부족 문제를 해결 못 한다고 말해</a>
Benzinga Mining은 광산 기업과 소매 투자자 사이의 연결다리입니다. Benzinga 커뮤니티와 연결하려면 <a href="mailto:licensing@benzinga.com">licensing@benzinga.com</a>으로 연락해주세요!
사진: 셔터스톡

<h4 class="wp-block-heading">2024년 4월 17일의 주요 뉴스:</h4>
<ol>
<li>피츠버그 방문 중, 조 바이든 대통령은 중국산 철강과 알루미늄 수입품에 25% 관세를 부과하고 미국의 철강 부문에 힘을 실어줄 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38292245/biden-to-announce-tariff-hikes-on-chinese-steel-aluminum-imports-another-hit-to-rea">새로운 무역정책을 발표할 계획이다. </a></li>
</ol>
이번 조치는 일부 제품에 대한 미국 관세를 25%로 3배 이상 인상하고 다른 제품의 관세를 0% 또는 7.5%에서 인상함으로써 중국의 &#8216;불공정한&#8217; 무역 관행으로부터 미국 제조업 일자리를 보호하기 위한 것이다.
미국의 무역대표부 대표인 캐서린 타이는 현행 관세를 검토한 후 최종 조치를 결정할 것이다.
중국 철강과 알루미늄은 미국 시장에서 작은 부분(17억 달러)을 차지하지만 이러한 정책은 잠재적인 수입 증가와 경쟁 압력으로부터 미국 제조업체를 보호하기 위한 것이다.
<ol start="2">
<li>로얄 골드(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)는 판매량, 감가상각비 및 상각비(DD&amp;A), 세율을 예측하는 2024년 지침을 발표했다.</li>
</ol>
이 회사는 금 215,000~230,000온스, 은 320만~380만 온스, 구리 1,400만~1,600만 파운드, 기타 금속 1,700만~2,000만 달러를 판매할 것으로 예상하고 있다.
DD&amp;A(감가상각, 감모 및 상각; Depreciation, Depletion and Amortization) 비용은 1억 4,100만 달러에서 1억 5,700만 달러 사이로 예상되며 유효 세율은 17%~22%이다.
상품 가격 변동성을 고려하여 가이던스는 금 환산 온스로 수익을 전환하는 대신 실물 판매 및 로열티 수익에 중점을 두어 투명성을 높이는 것을 목표로 한다.
이기업도 읽어보기: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38292100/freeport-mcmoran-vs-teck-resources-which-copper-stock-has-more-upside">프리포트 맥모란 대 테크 리소시스 — 어느 구리 주식의 리스크가 더 큰가</a>
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<li>발리(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VALE#NYSE">VALE</a>)의 1분기 실적은 철광석 매출이 전년 동기 대비 15% 증가한 63.8톤을 기록했으며, 생산량은 S11D 및 기타 계획의 운영 개선으로 인해 6% 증가한 70.8톤을 기록했다.</li>
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펠릿 생산량은 주로 살로보(Salobo) 3 증설로 인해 2% 증가한 8.5톤으로, 구리 생산량은 22% 증가한 81,900톤으로 나타났다.
그러나 니켈 생산량은 주로 온카 푸마(Onça Puma) 용광로 재구축으로 인해 4% 감소한 39,500톤을 기록했지만 이는 캐나다와 인도네시아의 생산량 증가로 인해 부분적으로 완화되었다.
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<li>콤파니아 데 미나스 부에나벤투라 (Compania de Minas Buenaventura)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BVN#NYSE">BVN</a>)은 여러 생산 목표를 충족하거나 초과한 1분기 결과를 발표했다.</li>
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탐보마요(Tambomayo)는 은 생산량이 낮았음에도 불구하고 고품위 지역의 채굴로 인해 금, 납 및 아연 예측을 능가했다.
오코팜파(Orcopampa)와 코이몰라체(Coimolache)의 금 생산량은 예상치와 일치했고, 코이몰라체는 환경 허가 문제로 인해 지연에 직면했다.
훌카니(Julcani)와 우축차쿠아(Uchucchacua)는 은, 납 및 아연의 생산 목표를 충족시켰고, 윰팍(Yumpag)은 운영 허가를 받은 후 예상보다 빨리 은 가공을 시작했다.
엘 브로칼(El Brocal)의 구리 생산량은 목표에 도달했으며, 은 생산량은 늘어나고 아연 품위는 낮아졌다. 납과 아연 사업은 하루 10,500톤의 지하 채굴량을 목표로 유지보수 중이다.
사진: Asiandelight via Shutterstock

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