Royal Gold, Inc. (RGLD)

In the past six months (August 2025 - February 2026), Royal Gold's stock (RGLD) has trended upwards significantly, increasing by 64.74%. The stock price as of January 30, 2026, was $263.31 per share, an increase of 86.90% from February 3, 2025, when it was $140.88 per share. On February 6, 2026, RGLD shares surged by 4.22%, reaching an intraday high of $267.47 before closing at $264.33. The stock hit a new 52-week high of $299.60 on January 26, 2026. Key events impacting the stock include a strong Q3 2024 performance with record revenue and net income, the acquisition agreements of Sandstorm Gold Ltd. and Horizon Copper Corp., a dividend increase to $0.45 per share, new asset acquisitions including a gold stream on the Kansanshi Mine and interest in the Warintza Project, Q3 2025 sales of approximately 48,000 gold equivalent ounces at an average realized gold price of $3,415 per ounce, and an earnings miss in the most recent quarter despite revenue rising 30.1% year-over-year.

Specific information regarding demand seasonality for Royal Gold, Inc.'s products and services was not explicitly found. Royal Gold's revenue is primarily tied to the production volumes of the mines it has interests in and the prevailing market prices of the underlying commodities, predominantly gold, silver, and copper. Fluctuations in commodity prices can be influenced by various global economic factors, investor sentiment, and geopolitical events, which may introduce an indirect form of seasonality or cyclicality to its revenue streams.

Royal Gold, Inc., established in 1981 and headquartered in Denver, Colorado, operates as a precious metals streaming and royalty company within the global mining sector. The company generates revenue from established and developing mines without direct operational risks, focusing on gold, silver, and copper, with gold contributing approximately 75-76% of total revenue. Royal Gold aims to generate long-term returns for shareholders by providing capital to the mining industry in exchange for a portion of the metal produced, operating through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests.

Royal Gold has a diversified portfolio of precious metals streams and royalties on mines located throughout the Americas and Australia. The company's properties are spread across five continents, with significant concentrations in the U.S., Canada, Chile, the Dominican Republic, Australia, Africa, and Mexico. Over 53% of its revenue is generated from the U.S., Canada, and Australia. As of June 30, 2020, Royal Gold held interests in approximately 187 properties, including 41 producing mines and 16 development-stage projects, including principal properties such as Andacollo, Cortez, Khoemacau, and Pueblo Viejo.

Royal Gold, Inc. is a recognized and respected player in the precious metals investment landscape. Its business model, which focuses on acquiring streams and royalties rather than direct mining operations, provides investors exposure to precious metals with lower risk compared to traditional producers. The company's consistent execution of a strategy of disciplined growth in gold over 40+ years also contributes to its standing.

Royal Gold, Inc. has significant institutional ownership, with 1081 institutional owners and shareholders holding a total of 81,135,831 shares, representing approximately 55.60% of the company's stock. Major institutional owners include Capital World Investors, Vanguard Group Inc., and BlackRock, Inc. Individual investors own approximately 0.28% of the shares, while insiders own about 0.27% of the company's stock.