Royal GoldRGLD
About: Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
Employees: 30
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
80% more funds holding in top 10
Funds holding in top 10: 5 [Q4 2024] → 9 (+4) [Q1 2025]
71% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 63
44% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 147
25% more capital invested
Capital invested by funds: $7.47B [Q4 2024] → $9.35B (+$1.88B) [Q1 2025]
24% more call options, than puts
Call options by funds: $132M | Put options by funds: $107M
8% more funds holding
Funds holding: 511 [Q4 2024] → 550 (+39) [Q1 2025]
0.82% more ownership
Funds ownership: 86.14% [Q4 2024] → 86.96% (+0.82%) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
BMO Capital Matthew Murphy | 8%upside $197 | Market Perform Maintained | 22 May 2025 |
CIBC Anita Soni | 18%upside $215 | Neutral Maintained | 8 May 2025 |
Scotiabank Tanya Jakusconek | 4%upside $189 | Sector Outperform Upgraded | 14 Apr 2025 |
Raymond James Brian MacArthur | 10%upside $200 | Outperform Maintained | 4 Apr 2025 |
RBC Capital Josh Wolfson | 7%downside $170 | Outperform Maintained | 4 Apr 2025 |
Financial journalist opinion
Based on 13 articles about RGLD published over the past 30 days









