RGLD - Royal Gold, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
86.23
+1.19 (+1.40%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous Close85.04
Open85.10
Bid85.05 x 800
Ask97.00 x 1100
Day's Range85.10 - 86.66
52 Week Range70.16 - 98.53
Volume264,157
Avg. Volume390,893
Market Cap5.65B
Beta (3Y Monthly)-0.37
PE Ratio (TTM)59.97
EPS (TTM)1.44
Earnings DateAug 6, 2019 - Aug 12, 2019
Forward Dividend & Yield1.06 (1.22%)
Ex-Dividend Date2019-04-04
1y Target Est96.25
  • Pot Stocks: How One Tiny Company’s Revenue Could Explode
    InvestorPlaceyesterday

    Pot Stocks: How One Tiny Company’s Revenue Could Explode

    Now that 15 pot stocks have made it onto the Nasdaq -- with yesterday's addition of Organigram (NASDAQ:OGI) -- smart investors are already wondering: Which will be the next cannabis company to get called up to the big leagues?Source: Shutterstock I've got my theories. But there's one factor that's almost as important as a company's ability to "uplist" to a major stock exchange …… and that's its business model.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo today I want to talk about a little-known phenomenon that's allowing tiny pot stocks to become "revenue machines."It's actually a bit of a misnomer to call them "pot stocks" at all. They're more like Royal Gold (NASDAQ:RGLD) -- one of the most profitable companies in investing history.If you're not familiar with Royal Gold, it was founded in the early 1980s by Stanley Dempsey … a man who never discovered a single ounce of gold -- but still got very wealthy from gold mining.Dempsey was a geologist, so gold mining was a natural fit. Yet after a few long months, his new company had burned through lots of money, and hit nothing but dirt. That was all just to identify a target gold deposit -- and then you add in land, labor, insurance, permits, not to mention the expensive gold mining equipment.Luckily for Royal Gold, Dempsey was also a lawyer … a clever one at that. And he saved the company by pulling an ingenious legal maneuver. Rather than spend the remaining cash on further exploration, Dempsey invested it with more knowledgeable, experienced gold miners. These seasoned pros would do the exploring. And Royal Gold would receive a cut of the proceeds.In the end, these royalty payouts became hugely lucrative:Royal Gold's first $1 million deal was for a project in northeastern Nevada. In return, the miner owed them 20% of the proceeds, for the life of the mine.In the first year, Royal Gold received $9 million. Year Two brought another $8 million. Year Three brought $12 million. All in all, $170 million has come in. That's a 16,900% return on Dempsey's original $1 million.The company is still collecting on that investment -- and many more.Naturally, the Royal Gold story brought a lot of imitators:* Franco Nevada (NYSE:FNV) is a similar business in gold royalties. Early investors could have turned $1,000 into $453,000.* Wheaton Precious Metals (NYSE:WPM) does the same thing with silver. That one's up more than 1,200% since inception.* Sabine Royalty Trust (NYSE:SBR) does it with oil. Shares enjoyed as much as a 10,200% climb, including dividends.And for these royalty companies, it's virtually all revenue -- no costs. Why Do I Tell This Story?Because when you hear all this news and chatter about marijuana, you've got to remember one thing:At the end of the day, it is not a pastime … not a lifestyle … or a "magic cure." Cannabis is a commodity.Just like coffee, for example. Coffee is a $48 billion business in the United States. But marijuana will be much larger even than that.As legalization spread from state to state, legal marijuana sales jumped 33% from 2016 to 2017 -- $10 billion that year alone. With more states and Canada legalizing recreational marijuana, sales are expected to grow by another nearly 150% by 2021.I believe marijuana could grab a lot of market share from cigarettes and alcohol. There is nobody debating the negative effects of smoking cigarettes, and the United States has a major issue with binge drinking among the younger generation. Both vices are on the downslope, and it is creating the perfect opportunity for marijuana to step into the gap.By 2030, research firm Cowen predicts, we're looking at marijuana being a $75 billion industry. That's about where cigarettes are today ($77 billion) and encroaching on beer ($110 billion). And that's just the first 15 years of this multifaceted, wide-ranging trend. So Which Stocks Do You Choose?You could go with the industry leader. And that would be Canopy Growth (NYSE:CGC), which we've had good luck with at Investment Opportunities -- up 51% in less than a year.But even in a huge megatrend like marijuana, timing is everything.And at this time, Canopy is much more expensive than the Royal Gold-like company I recommend.By contracting with early-stage marijuana companies -- who often find it difficult to secure funding -- this company is building a diverse (and extremely lucrative) revenue stream.Its revenues are expected to explode: From less than $250,000 Canadian in 2016, it's expecting nearly $150 million Canadian by 2020.The time to get in is now: This potentially major player trades at 1/40th the value of Canopy Growth. And as more of its deals bear fruit -- or leaves, in this instance -- the company is already positioned for big upside.Go here for full details on the "Royal Gold of Marijuana." I've got everything you need to know. And I can direct you exactly how to buy into this phenomenon.The key with these royalty companies is to get there first. Click here to get in on the action.Matthew McCall is the founder and president of Penn Financial Group, an investment advisory firm, as well as the editor of Investment Opportunities and Early Stage Investor. He has dedicated his career to getting investors into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA), +1,044% in Tesla (TSLA), +611% in Liquefied Natural Gas Limited (LNGLY), +324% in Bitcoin Services (BTSC), just to name a few. If you're interested in making triple-digit gains from the world's biggest investment trends BEFORE anyone else, click here to learn more about Matt McCall and his investments strategy today. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 5 Safe Stocks to Buy This Summer * The 5 Best Telecom Stocks to Buy Now * 6 Innovative Stocks With Big Long-Term Growth Potential Compare Brokers The post Pot Stocks: How One Tiny Company's Revenue Could Explode appeared first on InvestorPlace.

  • Markit4 days ago

    See what the IHS Markit Score report has to say about Royal Gold Inc.

    Royal Gold Inc NASDAQ/NGS:RGLDView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is low and declining * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is low for RGLD with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on May 7. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.03 billion over the last one-month into ETFs that hold RGLD are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Basic Materials sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

  • Business Wire16 days ago

    Royal Gold Presenting at the Bank of America Merrill Lynch Global Metals, Mining & Steel Conference 2019

    Royal Gold, Inc. announced today that management will present at the Bank of America Merrill Lynch conference in Barcelona, Spain.

  • Royal Gold (RGLD) Q1 Earnings Miss Estimates, Improve Y/Y
    Zacks18 days ago

    Royal Gold (RGLD) Q1 Earnings Miss Estimates, Improve Y/Y

    Royal Gold's (RGLD) top line down in Q1 due to lower average gold, silver and copper prices, as well as softer stream revenues, mainly resulting from reduced gold and copper sales at Mount Milligan.

  • What Are Analysts Saying About Royal Gold, Inc.'s (NASDAQ:RGLD) Future?
    Simply Wall St.19 days ago

    What Are Analysts Saying About Royal Gold, Inc.'s (NASDAQ:RGLD) Future?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! On 31 March 2019, Royal Gold, Inc. (NASDAQ:RGLD) released its earnings update. Generally...

  • Thomson Reuters StreetEvents19 days ago

    Edited Transcript of RGLD earnings conference call or presentation 2-May-19 4:00pm GMT

    Q3 2019 Royal Gold Inc Earnings Call

  • Want to Invest in Gold? Check Out These 3 Stocks First
    Motley Fool21 days ago

    Want to Invest in Gold? Check Out These 3 Stocks First

    Stocks are at all-time highs, extending an aging bull market, but it might be time to consider safe-haven gold. Here's how to do that.

  • ROYAL GOLD INC (RGLD) Q3 2019 Earnings Call Transcript
    Motley Fool22 days ago

    ROYAL GOLD INC (RGLD) Q3 2019 Earnings Call Transcript

    RGLD earnings call for the period ending March 31, 2019.

  • Royal Gold (RGLD) Q3 Earnings and Revenues Lag Estimates
    Zacks24 days ago

    Royal Gold (RGLD) Q3 Earnings and Revenues Lag Estimates

    Royal Gold (RGLD) delivered earnings and revenue surprises of -6.67% and -6.09%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press24 days ago

    Royal Gold: Fiscal 3Q Earnings Snapshot

    On a per-share basis, the Denver-based company said it had net income of 44 cents. Earnings, adjusted for non-recurring gains, came to 42 cents per share. The results missed Wall Street expectations. The ...

  • Business Wire24 days ago

    Royal Gold Announces Future Leadership Transition

    Royal Gold, Inc. (RGLD) (“Royal Gold” or the “Company,” “we” or “our”) announces that Tony Jensen, President and Chief Executive Officer, has advised the Company’s Board of Directors that he plans to retire by the end of the first calendar quarter of 2020. Mr. Jensen joined Royal Gold as its President and Chief Operating Officer in 2003, was elected a director in 2004, and has served as President and Chief Executive Officer since 2006.

  • Business Wire24 days ago

    Royal Gold Reports Third Quarter 2019 Results

    Royal Gold, Inc. reports net income of $28.8 million, or $0.44 per share, on revenue of $109.8 million in its fiscal third quarter ended March 31, 2019 .

  • Analysts Estimate Royal Gold (RGLD) to Report a Decline in Earnings: What to Look Out for
    Zackslast month

    Analysts Estimate Royal Gold (RGLD) to Report a Decline in Earnings: What to Look Out for

    Royal Gold (RGLD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Were Hedge Funds Right About Souring On Royal Gold, Inc (RGLD)?
    Insider Monkeylast month

    Were Hedge Funds Right About Souring On Royal Gold, Inc (RGLD)?

    Investing in hedge funds can bring large profits, but it’s not for everybody, since hedge funds are available only for high-net-worth individuals. They generate significant returns for investors to justify their large fees and they allocate a lot of time and employ a complex analysis to determine the best stocks to invest in. A particularly […]

  • 3 Growth Stocks for In-the-Know Investors
    Motley Foollast month

    3 Growth Stocks for In-the-Know Investors

    This midstream company, apparel retailer, and gold stock aren't well-known growth stocks -- yet.

  • Top Gold Stocks of April 2019
    Investopedialast month

    Top Gold Stocks of April 2019

    Here are some of the top gold stocks, drawn from among the largest gold mining and related companies in the world.

  • Royal Gold Keeps Finding Ways to Grow
    Motley Foollast month

    Royal Gold Keeps Finding Ways to Grow

    After a long break from deal making, Royal Gold has inked a new one, and it has plenty of dry powder for more.

  • What Did Royal Gold, Inc.'s (NASDAQ:RGLD) CEO Take Home Last Year?
    Simply Wall St.2 months ago

    What Did Royal Gold, Inc.'s (NASDAQ:RGLD) CEO Take Home Last Year?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! In 2006 Tony Jensen was appointed CEO of Royal Gold, Inc. (NASDAQ:RGLD). First, this article will compare CEO comp...

  • Royal Gold (RGLD) Provides Updates on Operations for Q3
    Zacks2 months ago

    Royal Gold (RGLD) Provides Updates on Operations for Q3

    Royal Gold's (RGLD) Mount Milligan set to resume mill processing operations to full capacity using additional water supply captured during the spring season.

  • Business Wire2 months ago

    Royal Gold Provides Update on its Fiscal 2019 Third Quarter

    Royal Gold, Inc. today announced that its wholly owned subsidiary, RGLD Gold AG, sold approximately 60,000 gold equivalent ounces comprised of approximately 48,000 gold ounces, 510,000 silver ounces and 1,200 tonnes of copper related to its streaming agreements during its fiscal 2019 third quarter ended March 31, 2019 .

  • Royal Gold Is Set to Outperform
    GuruFocus.com2 months ago

    Royal Gold Is Set to Outperform

    The prediction, which reflects an 8.5% upside from the closing price of $1,290.3 per troy ounce on Tuesday, suggests being bullish on the precious metal and its publicly traded producers. Warning! GuruFocus has detected 6 Warning Signs with RGLD. According to Wall Street analysts' overweight recommendation rating, Denver-based precious metal royalty and streaming company Royal Gold Inc. (RGLD) (TSX:RGL) will outperform the industry within 52 weeks.

  • MoneyShow2 months ago

    A Rosy Picture for Gold Miners

    Gold bottomed in 2013, it's now in a renewed 6 month rise and it's not so far away from its record highs. And with its leading indicator rising from the lows, it's painting a rosy picture for gold, asserts Mary Anne and Pamela Aden, editors of The Aden Forecast.

  • Business Wire2 months ago

    Royal Gold Presenting at the European Gold Forum 2019

    Royal Gold, Inc. announced today that management will present at the European Gold Forum 2019 in Zurich, Switzerland.