On Tuesday, Royal Gold, Inc. (NASDAQ: RGLD) opened higher 1.82% from the last session ,before settling in for the closing price of $122.60. Price fluctuations for RGLD have ranged from $100.55 to $147.82 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Basic Materials Sector giant was 0.42%. Company’s average yearly earnings per share was noted 20.08% at the time writing. With a float of $65.45 million, this company’s outstanding shares have now reached $65.63 million.
Let’s determine the extent of company efficiency that accounts for 30 employees.
Royal Gold, Inc. (RGLD) Insider Activity
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Royal Gold, Inc. is 0.36%, while institutional ownership is 85.82%. The most recent insider transaction that took place on Mar 11 ’24, was worth 56,500. In this transaction SVP & General Counsel of this company sold 500 shares at a rate of $113.00, taking the stock ownership to the 12,127 shares. Before that another transaction happened on Feb 22 ’24, when Company’s VP & General Counsel sold 500 for $104.18, making the entire transaction worth $52,090. This insider now owns 9,473 shares in total.
Royal Gold, Inc. (RGLD) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted $0.95 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.77) by $0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.98 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 20.08% per share during the next fiscal year.
Royal Gold, Inc. (NASDAQ: RGLD) Trading Performance Indicators
Check out the current performance indicators for Royal Gold, Inc. (RGLD). In the past quarter, the stock posted a quick ratio of 2.18. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 13.54. Likewise, its price to free cash flow for the trailing twelve months is 19.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.64, a number that is poised to hit 1.03 in the next quarter and is forecasted to reach 5.27 in one year’s time.
Technical Analysis of Royal Gold, Inc. (RGLD)
Looking closely at Royal Gold, Inc. (NASDAQ: RGLD), its last 5-days average volume was 0.58 million, which is a jump from its year-to-date volume of 0.42 million. As of the previous 9 days, the stock’s Stochastic %D was 89.13%. Additionally, its Average True Range was 3.37.
During the past 100 days, Royal Gold, Inc.’s (RGLD) raw stochastic average was set at 94.38%, which indicates a significant increase from 92.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.44% in the past 14 days, which was higher than the 30.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $112.37, while its 200-day Moving Average is $113.56. However, in the short run, Royal Gold, Inc.’s stock first resistance to watch stands at $126.26. Second resistance stands at $127.70. The third major resistance level sits at $129.19. If the price goes on to break the first support level at $123.33, it is likely to go to the next support level at $121.84. Should the price break the second support level, the third support level stands at $120.40.
Royal Gold, Inc. (NASDAQ: RGLD) Key Stats
There are currently 65,692K shares outstanding in the company with a market cap of 8.20 billion. Presently, the company’s annual sales total 605,720 K according to its annual income of 239,440 K. Last quarter, the company’s sales amounted to 152,670 K and its income totaled 62,780 K.
