Royal Gold, Inc. (RGLD)

Over the past six months, Royal Gold's stock price has increased. In October 2025, Royal Gold acquired Sandstorm Gold Ltd. In August 2025, the company acquired a gold stream on the Kansanshi copper-gold mine for US$1 billion. Additionally, in July 2025, Royal Gold entered into an agreement to acquire Horizon Copper Corp., a deal that was completed by October 20, 2025. For Q3 2025, Royal Gold posted adjusted EPS of $2.06 and revenue of $250.23 million. Royal Gold announced its 25th consecutive annual dividend increase, raising it to $1.90 per share for 2026. Analysts generally hold a "Moderate Buy" rating for RGLD, with an average price target of $225.40. Some insider selling was reported in August and September 2025.

Royal Gold's revenue is primarily derived from precious metals, with gold accounting for 78%, silver 12%, and copper 7% of its revenue split. Demand for these commodities is influenced by macroeconomic factors rather than seasonal patterns. The company's business model provides direct leverage to commodity price appreciation, and recent high gold prices have been a positive factor.

Royal Gold, Inc. operates in the Materials sector, focusing on precious metals within the Metals & Mining industry. The company acquires and manages precious metal streams and royalties, providing financing to mining companies in exchange for a portion of future metal production or revenue. Royal Gold's major products include gold, silver, and copper, with mentions of nickel, zinc, lead, and molybdenum.

Royal Gold has a global presence with interests in approximately 175 to 187 properties across five continents, including the United States, Switzerland, Mexico, Chile, Canada, the Dominican Republic, Australia, and Africa (Botswana). The company is headquartered in Denver, Colorado, USA.

Royal Gold maintains a positive brand reputation due to its business model that minimizes direct operational and environmental risks. The company emphasizes its modest direct environmental footprint and encourages its mining partners to adopt industry best practices. Royal Gold has not been subject to any environmental fines or penalties over the past four fiscal years. Its reputation is bolstered by its financial performance, strategic acquisitions, and commitment to sustainable growth.

Institutional investors own a significant portion of Royal Gold's stock, ranging from 74.6% to 89%. Major institutional shareholders include Capital World Investors, BlackRock, Inc., The Vanguard Group, Inc., Van Eck Associates Corp, and State Street Corp. Individual investors and the general public hold approximately 10% to 25.1% of the shares, while insider ownership is relatively low, typically under 1%.