Today, a Director at Royal Gold (NASDAQ: RGLD), Sokalsky Jamie, bought shares of RGLD for $154.4K.
This recent transaction increases Sokalsky Jamie C’s holding in the company by 24.43% to a total of $756K.
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Based on Royal Gold’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $116 million and quarterly net profit of $26.65 million. In comparison, last year the company earned revenue of $109 million and had a net profit of $20.02 million. Currently, Royal Gold has an average volume of 755.3K.
Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $95.60, reflecting a 27.0% upside. Three different firms, including RBC Capital and Desjardins, currently also have a Buy rating on the stock.
The insider sentiment on Royal Gold has been negative according to 42 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Royal Gold, Inc. engages in the acquisition and management of metal streams, royalties, and similar interests. It operates through the Acquisition and Management of Stream Interests and Acquisition and Management of Royalty Interests segments.
