RGLD
Neutral signalScored 2026-09-08 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
Research, not advice.
À propos
Royal Gold, Inc.
- Nom
- Royal Gold, Inc.
- Secteur
- Basic Materials
- Industrie
- Gold
- Bourse
- NASDAQ
- Capitalisation
- $19.3B
- Employés
- 39
- PDG
- William H. Heissenbuttel
- Site web
- https://www.royalgold.com
- Marché
- FNVGROYORTFPMTMCRWPM
Royal Gold, Inc. and its subsidiaries engage in the acquisition and oversight of precious metal streams, royalty agreements, and related rights. The company's strategy involves securing these interests or providing capital for projects, whether currently producing or in their development phase, in exchange for future streams or royalty entitlements. Its portfolio primarily encompasses gold, silver, copper, nickel, zinc, lead, and cobalt. As of June 30, 2022, Royal Gold maintained ownership stakes in 185 properties spanning five continents, featuring interests in 41 operating mines and 19 projects under development. These stream and royalty holdings are distributed across various international regions, including the United States, Canada, Chile, the Dominican Republic, Australia, Africa, and Mexico. Royal Gold, Inc. was founded in 1981 and is headquartered in Denver, Colorado.
Price (1 year)
Live chart from TradingView — independent market data, as price context around the filings, not the Quorum score. EMA 50/200 and Bollinger load by default. When the exchange is known it is sent as EXCHANGE:SYMBOL; otherwise TradingView resolves the ticker best-effort.
VENTE TOTALE: 9 700 titres (~2 449 638,00 $ US)
- Insiders
- Heissenbuttel William Holmes
- Total bought
-
—
Avg buy (VWAP, 90d window) —
- Total sold
-
$1,083,010
Avg sell (VWAP, 90d window) $264.08 vs last close —
Total sold sums Form 4 code S in this window. Codes F, M, A and G are left out.
$951,610 of that total is under a Rule 10b5-1 plan. It is shown here and left out of the score.
- Last activity
- 2026-10-05
- Last synced
-
2026-10-11 09:55:21
Sign in to request a sync of this company's price history and timing levels.
Insider holdings as a share of total assets aren't available for this company.
Avg buy and avg sell are volume-weighted prices (sum of shares × price, divided by shares) for Form 4 rows in this 90-day window that report both figures. A comparison with last close is market context for that average, not advice.
Recent Form 4
Filings in the 90-day window for this company. Value is shares × price from the filing. Research, not advice.
| Date | Person | Side | Shares | Price | Value | Form 4 |
|---|---|---|---|---|---|---|
| 2026-10-05 | Heissenbuttel William Holmes | Sell · S · 10b5-1 | 41 | $235.84 | $9,669 | Form 4 |
| 2026-09-03 | Heissenbuttel William Holmes | Sell · S · 10b5-1 | 3,560 | $264.59 | $941,940 | Form 4 |
| 2026-08-28 | Shefman Randy | Sell · S | 500 | $262.80 | $131,400 | Form 4 |
Sales marked 10b5-1 are scheduled in advance and don't count toward the Quorum score. Les ventes marquées 10b5-1 sont planifiées à l'avance et ne pèsent pas dans le score Quorum.
Congressional trades
STOCK Act disclosures (90-day window)
Amounts are STOCK Act brackets as disclosed. Quorum does not turn a bracket into an exact price or a midpoint.
No STOCK Act disclosures for this company in this window.
Recent trades
| Date | Representative | Type | Amount |
|---|---|---|---|
| 2025-08-04 | Lisa C. McClain | Sale (Full) | $1,001 - $15,000 |
| 2025-07-22 | Lisa C. McClain | Purchase | $1,001 - $15,000 |
| 2025-06-10 | Lisa C. McClain | Sale (Partial) | $1,001 - $15,000 |
| 2025-06-09 | Lisa C. McClain | Purchase | $1,001 - $15,000 |
| 2025-05-12 | Jefferson Shreve | Sale (Full) | $50,001 - $100,000 |
| 2025-04-07 | Jefferson Shreve | Purchase | $15,001 - $50,000 |
| 2025-02-24 | Jefferson Shreve | Purchase | $15,001 - $50,000 |
| 2023-09-08 | Lois Frankel | Sale (Full) | $1,001 - $15,000 |
| 2021-09-01 | Robert J. Wittman | Sale (Full) | $1,001 - $15,000 |
| 2021-07-02 | Lois Frankel | Purchase | $1,001 - $15,000 |
| 2021-07-01 | Lois Frankel | Purchase | $1,001 - $15,000 |
| 2021-06-30 | Lois Frankel | Purchase | $1,001 - $15,000 |
| 2020-07-02 | Robert J. Wittman | Purchase | $1,001 - $15,000 |
| 2019-02-06 | Donna Shalala | Sale (Full) | $1,001 - $15,000 |
| 2019-01-23 | Donna Shalala | Sale (Partial) | $1,001 - $15,000 |
Signal
Neutral signalScored 2026-09-08 Drivers: Congress, fundamentals. Moteurs : Congrès, fondamentaux.
RGLD shows solid financial health with strong margins and liquidity (scores 85/65), but the weak catalyst score (25) with no actionable event and insider selling of ~$1.89M directly contradict the positive fundamental…
The first sentence of the analysis written for RGLD on 2026-09-08 - a real excerpt, not a sample. The rest of it, the 0-100 score and the rating it produced are part of Plus. See plans.
Factor checklist — research, not advice
A check leans with a bullish reading. A cross leans against it. A dash is unavailable or mixed.
- Insider Pulls against a bullish reading. Selling cluster — sale value, no purchase value
- Congress Supports a bullish reading. 4 purchase disclosures year to date
- Narrative Unavailable or mixed. Stored narrative reading is in the neutral band
- Timing Unavailable or mixed. No stored price series
- Financial indicators Supports a bullish reading. Current ratio 3.12 · operating margin 65%
Market snapshot
Financial ratios
| Metric | Trend | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|---|
| Gross Profit Margin | 69.3% | 86.3% | 84.9% | 84.1% | 84.7% | |
| Ebit Margin | 58.0% | 61.1% | 51.9% | 47.4% | 50.8% | |
| Ebitda Margin | 75.1% | 81.4% | 79.5% | 78.2% | 80.1% | |
| Operating Profit Margin | 64.5% | 60.3% | 50.7% | 47.6% | 50.9% | |
| Pretax Profit Margin | 55.7% | 59.8% | 47.1% | 45.8% | 50.9% | |
| Continuous Operations Profit Margin | 45.8% | 46.6% | 40.1% | 40.2% | 42.6% | |
| Net Profit Margin | 45.2% | 46.6% | 40.0% | 40.1% | 42.5% | |
| Bottom Line Profit Margin | 45.2% | 46.6% | 40.0% | 40.1% | 42.5% | |
| Current Ratio | 3.122 | 3.233 | 2.312 | 2.922 | 3.516 | |
| Quick Ratio | 2.907 | 3.081 | 2.177 | 2.723 | 3.327 | |
| Solvency Ratio | 0.276 | 1.826 | 0.878 | 0.541 | 2.972 | |
| Cash Ratio | 1.933 | 2.296 | 1.438 | 1.865 | 2.337 | |
| Price To Earnings Ratio | 33.178 | 26.057 | 33.140 | 30.967 | 25.291 | |
| Price To Earnings Growth Ratio | 1.024 | 0.675 | 120.629 | -2.477 | -2.591 | |
| Forward Price To Earnings Growth Ratio | 1.024 | 0.675 | 120.629 | -2.477 | -2.591 | |
| Price To Earnings Diluted Ratio | 33.227 | 26.109 | 33.231 | 31.052 | 25.170 | |
| Price To Earnings Diluted Growth Ratio | 1.023 | 0.674 | 120.628 | -2.360 | -2.757 | |
| Price To Book Ratio | 2.156 | 2.776 | 2.748 | 2.697 | 2.667 | |
| Price To Sales Ratio | 14.976 | 12.148 | 13.262 | 12.399 | 10.702 | |
| Price To Free Cash Flow Ratio | -33.555 | 20.281 | 19.212 | -14.643 | 28.889 | |
| Price To Operating Cash Flow Ratio | 21.895 | 16.352 | 19.088 | 17.712 | 16.958 | |
| Debt To Assets Ratio | 0.101 | 0.000 | 0.073 | 0.162 | 0.000 | |
| Debt To Equity Ratio | 0.135 | 0.000 | 0.085 | 0.209 | 0.000 | |
| Debt To Capital Ratio | 0.119 | 0.000 | 0.078 | 0.173 | 0.000 | |
| Long Term Debt To Capital Ratio | 0.115 | 0.000 | 0.078 | 0.173 | 0.000 | |
| Financial Leverage Ratio | 1.333 | 1.088 | 1.164 | 1.289 | 1.065 | |
| Working Capital Turnover Ratio | 4.614 | 4.999 | 5.509 | 4.307 | 3.229 | |
| Operating Cash Flow Ratio | 5.829 | 6.218 | 5.741 | 6.563 | 6.628 | |
| Operating Cash Flow Sales Ratio | 0.684 | 0.743 | 0.695 | 0.700 | 0.631 | |
| Free Cash Flow Operating Cash Flow Ratio | -0.652 | 0.806 | 0.994 | -1.210 | 0.587 | |
| Debt Service Coverage Ratio | 24.309 | 49.918 | 15.263 | 43.316 | -892.929 | |
| Interest Coverage Ratio | 28.405 | 44.097 | 10.676 | 28.371 | -632.730 | |
| Short Term Operating Cash Flow Coverage Ratio | 166.002 | 0.000 | 0.000 | 0.000 | 0.000 | |
| Operating Cash Flow Coverage Ratio | 0.730 | 0.000 | 1.690 | 0.730 | 0.000 | |
| Capital Expenditure Coverage Ratio | 0.605 | 5.163 | 155.262 | 0.453 | 2.421 | |
| Dividend Paid And Capex Coverage Ratio | 0.549 | 2.548 | 4.107 | 0.412 | 1.649 | |
| Dividend Payout Ratio | 0.254 | 0.317 | 0.412 | 0.385 | 0.287 | |
| Enterprise Value Multiple | 20.875 | 14.585 | 16.990 | 16.831 | 13.086 |
Sparkline shows each ratio oldest → newest (left → right).
How the latest year compares
For each ratio: its most recent value, the change versus one year earlier, and versus its 5-year average. ▲ higher ▼ lower
| Metric | Current | vs 1Y ago | vs 5Y avg |
|---|---|---|---|
| Gross Profit Margin | 69.3% | ▼-17.0% | ▼-12.6% |
| Ebit Margin | 58.0% | ▼-3.2% | ▲4.1% |
| Ebitda Margin | 75.1% | ▼-6.3% | ▼-3.7% |
| Operating Profit Margin | 64.5% | ▲4.2% | ▲9.7% |
| Pretax Profit Margin | 55.7% | ▼-4.1% | ▲3.8% |
| Continuous Operations Profit Margin | 45.8% | ▼-0.9% | ▲2.7% |
| Net Profit Margin | 45.2% | ▼-1.3% | ▲2.4% |
| Bottom Line Profit Margin | 45.2% | ▼-1.3% | ▲2.4% |
| Current Ratio | 3.122 | ▼-0.111 | ▲0.101 |
| Quick Ratio | 2.908 | ▼-0.173 | ▲0.064 |
| Solvency Ratio | 0.276 | ▼-1.550 | ▼-1.023 |
| Cash Ratio | 1.933 | ▼-0.363 | ▼-0.041 |
| Price To Earnings Ratio | 33.178 | ▲7.120 | ▲3.451 |
| Price To Earnings Growth Ratio | 1.024 | ▲0.349 | ▼-22.428 |
| Forward Price To Earnings Growth Ratio | 1.024 | ▲0.349 | ▼-22.428 |
| Price To Earnings Diluted Ratio | 33.227 | ▲7.118 | ▲3.469 |
| Price To Earnings Diluted Growth Ratio | 1.023 | ▲0.349 | ▼-22.419 |
| Price To Book Ratio | 2.156 | ▼-0.620 | ▼-0.453 |
| Price To Sales Ratio | 14.976 | ▲2.828 | ▲2.279 |
| Price To Free Cash Flow Ratio | -33.555 | ▼-53.836 | ▼-37.592 |
| Price To Operating Cash Flow Ratio | 21.895 | ▲5.542 | ▲3.494 |
| Debt To Assets Ratio | 0.101 | ▲0.101 | ▲0.034 |
| Debt To Equity Ratio | 0.135 | ▲0.135 | ▲0.049 |
| Debt To Capital Ratio | 0.119 | ▲0.119 | ▲0.045 |
| Long Term Debt To Capital Ratio | 0.115 | ▲0.115 | ▲0.042 |
| Financial Leverage Ratio | 1.333 | ▲0.245 | ▲0.145 |
| Working Capital Turnover Ratio | 4.614 | ▼-0.385 | ▲0.082 |
| Operating Cash Flow Ratio | 5.829 | ▼-0.389 | ▼-0.367 |
| Operating Cash Flow Sales Ratio | 0.684 | ▼-0.059 | ▼-0.007 |
| Free Cash Flow Operating Cash Flow Ratio | -0.652 | ▼-1.459 | ▼-0.757 |
| Debt Service Coverage Ratio | 24.309 | ▼-25.609 | ▲176.334 |
| Interest Coverage Ratio | 28.405 | ▼-15.692 | ▲132.641 |
| Short Term Operating Cash Flow Coverage Ratio | 166.002 | ▲166.002 | ▲132.802 |
| Operating Cash Flow Coverage Ratio | 0.730 | ▲0.730 | ▲0.100 |
| Capital Expenditure Coverage Ratio | 0.605 | ▼-4.558 | ▼-32.176 |
| Dividend Paid And Capex Coverage Ratio | 0.549 | ▼-1.999 | ▼-1.304 |
| Dividend Payout Ratio | 0.254 | ▼-0.063 | ▼-0.077 |
| Enterprise Value Multiple | 20.875 | ▲6.290 | ▲4.401 |
Key metrics
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Market cap | $15.43B | $8.66B | $7.94B | $7.39B | $6.90B | |
| Enterprise value | $16.16B | $8.46B | $8.08B | $7.84B | $6.76B | |
| EV / Sales | 15.69x | 11.87x | 13.50x | 13.16x | 10.48x | |
| EV / Op. cash flow | 22.93x | 15.98x | 19.43x | 18.80x | 16.61x | |
| EV / Free cash flow | -35.15x | 19.82x | 19.55x | -15.54x | 28.29x | |
| EV / EBITDA | 20.88x | 14.59x | 16.99x | 16.83x | 13.09x | |
| Net debt / EBITDA | 0.94x | -0.34x | 0.30x | 0.97x | -0.28x | |
| Current ratio | 3.12x | 3.23x | 2.31x | 2.92x | 3.52x | |
| Income quality | 1.50x | 1.59x | 1.74x | 1.75x | 1.35x | |
| Graham number | $125 | $74 | $60 | $59 | $61 | |
| Graham net-net | -$29 | -$0 | -$5 | -$9 | $1 | |
| Tax burden | 81.3% | 77.9% | 84.9% | 87.6% | 83.5% | |
| Interest burden | 96.1% | 97.8% | 90.9% | 96.5% | 100.2% | |
| Working capital | $256.5M | $190.1M | $95.0M | $122.2M | $154.6M | |
| Invested capital | $8.87B | $3.23B | $3.17B | $3.36B | $154.6M | |
| Return on assets | 4.9% | 9.8% | 7.1% | 6.8% | 9.9% | |
| Operating ROA | 10.3% | 12.7% | 8.8% | 9.0% | 12.1% | |
| Return on tangible assets | 4.9% | 9.8% | 7.1% | 6.8% | 9.9% | |
| Return on equity | 6.5% | 10.6% | 8.3% | 8.7% | 10.6% | |
| Return on invested capital | 5.8% | 10.1% | 7.8% | 7.2% | 10.2% | |
| Return on capital employed | 7.1% | 13.0% | 9.2% | 8.2% | 12.2% | |
| Earnings yield | 3.0% | 3.8% | 3.0% | 3.2% | 4.0% | |
| Free cash flow yield | -3.0% | 4.9% | 5.2% | -6.8% | 3.5% | |
| Capex / Op. cash flow | 165.2% | 19.4% | 0.6% | 221.0% | 41.3% | |
| Capex / Depreciation | 657.7% | 71.0% | 1.6% | 515.4% | 91.6% | |
| Capex / Sales | 113.0% | 14.4% | 0.4% | 154.7% | 26.1% | |
| SG&A / Sales | 4.8% | 5.7% | 6.6% | 5.8% | 4.5% | |
| R&D / Sales | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Stock comp / Sales | 1.1% | 0.0% | 0.0% | 0.0% | 0.9% | |
| Intangibles / Total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Days sales outstanding | 40d | 33d | 31d | 32d | 31d | |
| Days payables outstanding | 12d | 40d | 46d | 26d | 24d | |
| Operating cycle | 70d | 82d | 71d | 81d | 74d | |
| Cash conversion cycle | 58d | 42d | 25d | 55d | 50d |
Change by theme
Grouped by what each metric measures. Each figure is the change over the period shown — ▲ up ▼ down versus then.
Change over 1 year
Change over 5 years
Employee count
Peer market caps
Recent news
- 2026-10-07 Royal Gold Eyes Growth as Acquisitions Extend Reserve Life and Fuel Cash Flow Royal Gold NASDAQ: RGLD Senior Vice President of Strategy and Business Development Jason Hynes said the company''s royalty and streaming portfolio is benefiting from strong precious-metals prices, recent acquisitions and a broad pipeline of development-stage assets.
- 2026-10-07 Royal Gold, Inc. (RGLD) Presents at John Tumazos Very Independent Research Virtual Conference Transcript Royal Gold, Inc. (RGLD) Presents at John Tumazos Very Independent Research Virtual Conference Transcript
- 2026-10-01 Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Thursday, October 15, 2026 DENVER--(BUSINESS WIRE)--Royal Gold to Participate in the Renmark Financial Communications Virtual Non-Deal Roadshow Series on Thursday, October 15, 2026.
- 2026-09-28 Royal Gold, Inc. (RGLD) Presents at Mining Forum Americas 2026 Transcript Royal Gold, Inc. (RGLD) Presents at Mining Forum Americas 2026 Transcript
- 2026-09-28 Royal Gold Details Transformational Portfolio Shift, Growth Pipeline at Conference Royal Gold NASDAQ: RGLD has reshaped its portfolio following its Sandstorm acquisition and a Kansanshi transaction, emphasizing reduced asset concentration, a longer reserve life and a broader pipeline of development-stage growth assets, President and CEO Bill Heissenbuttel said at a company event.
- 2026-09-26 My Biggest Bet: 3 Dividend Investments Boosted By 2 Major Macro Tailwinds While I am a big believer in a certain degree of diversification, I have significantly overweighted my portfolio in 3 investments. These investments are targeting 2 major macro tailwinds that should help drive superior long-term risk-adjusted performance in these picks. I detail the three investments that I am betting big on, as well as the risks.
- 2026-09-25 The More These Dividend Machines Drop, The More I Buy Leading blue-chip dividend machines have recently sold off quite aggressively. I detail several reasons why I am very happy about this development. I also share how I am taking advantage of the sell-off, including some of my favorite investments right now.
- 2026-09-24 10 Dividend Growth Stocks: September 2026 In this monthly series, I rank a selection of dividend growth stocks and present the top 10 stocks for consideration. This month''s feature screen highlights 10 top Dividend Growth stocks with 25+ years of increases and 5-year DGRs above 8%. These stocks are high quality, with 94% being investment-grade. All score above 7.9 on 9F Quality Scores, my quality scoring system.
- 2026-09-23 Royal Gold Presenting at the John Tumazos Very Independent Research 2026 Virtual Conference DENVER--(BUSINESS WIRE)--Royal Gold Presenting at the John Tumazos Very Independent Research 2026 Virtual Conference.
- 2026-09-19 Bank of America Corp DE Purchases Shares of 441,482 Royal Gold, Inc. $RGLD Bank of America Corp DE acquired a new position in shares of Royal Gold, Inc. (NASDAQ: RGLD) (TSE: RGL) in the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 441,482 shares of the basic materials company''s stock, valued at