Royal Gold Inc RGLD
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Thursday, November 30
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Royal Gold Announces the 23rd Consecutive Annual Increase in the Common Stock Dividend to $1.60 Per Share for 2024, a 7% Increase over the 2023 Dividend
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Royal Gold Reports Continued Strong Financial Performance for the Third Quarter of 2023
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Royal Gold Provides Update on its Q3 2023 Stream Segment Sales and Details for Release of Q3 2023 Results
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Royal Gold Provides Update on Peñasquito
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Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Wednesday, October 11
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Royal Gold Presenting at the John Tumazos Very Independent Research 2023 Virtual Conference
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Royal Gold Provides Update on Agreement to Acquire Royalties on the Serrote and Santa Rita Mines
Trading Information
- Previous Close Price
- $119.72
- Day Range
- $116.70–120.00
- 52-Week Range
- $101.83–147.70
- Bid/Ask
- $118.35 / $118.40
- Market Cap
- $7.77 Bil
- Volume/Avg
- 210,102 / 374,091
Key Statistics
- Price/Earnings (Normalized)
- 34.11
- Price/Sales
- 12.77
- Dividend Yield
- 1.25%
- Dividend Yield (Forward)
- 1.34%
- Total Yield
- 1.27%
Company Profile
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.
- Sector
- Basic Materials
- Industry
- Gold
- Stock Style Box
- Small Core
- Total Number of Employees
- 31
- Website
- https://www.royalgold.com
Competitors
Valuation
|
Metric
|
RGLD
|
NEM
|
|---|---|---|
Price/Earnings (Normalized) | 34.11 | 25.97 |
Price/Book Value | 2.76 | 1.65 |
Price/Sales | 12.77 | 2.86 |
Price/Cash Flow | 18.98 | 8.98 |
Price/Earnings
RGLD
NEM
Financial Strength
|
Metric
|
RGLD
|
NEM
|
|---|---|---|
Quick Ratio | 2.14 | 1.17 |
Current Ratio | 2.31 | 2.12 |
Interest Coverage | 9.59 | −1.12 |
Quick Ratio
RGLD
NEM
Profitability
|
Metric
|
RGLD
|
NEM
|
|---|---|---|
Return on Assets (Normalized) | 6.67% | 3.17% |
Return on Equity (Normalized) | 8.27% | 6.21% |
Return on Invested Capital (Normalized) | 7.66% | 4.92% |
Return on Assets
RGLD
NEM
Gold Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|
NEM
| Newmont Corp | Zdljg | $45.8 Bil | |
ZIJMY
| Zijin Mining Group Co Ltd ADR | Hhcmvhh | $42.9 Bil | |
ZIJMF
| Zijin Mining Group Co Ltd Class H | Rfnvtj | $42.9 Bil | |
GOLD
| Barrick Gold Corp | Psfk | $30.2 Bil | |
AEM
| Agnico Eagle Mines Ltd | Rhsw | $26.1 Bil | |
WPM
| Wheaton Precious Metals Corp | Cvlj | $21.7 Bil | |
FNV
| Franco-Nevada Corp | Hbbrd | $20.6 Bil | |
GFI
| Gold Fields Ltd ADR | Qnftws | $12.7 Bil | |
GFIOF
| Gold Fields Ltd | Gmjcgq | $12.7 Bil | |
KGC
| Kinross Gold Corp | Kjzb | $7.2 Bil |