Royal Gold: A Solid Buy The Dip Candidate [Seeking Alpha]
Royal Gold, Inc. (RGLD)
Last royal gold, inc. earnings: 2/5 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
royalgold.com/investors/default.aspx
Company Research
Source: Seeking Alpha
On a positive note, these setbacks have led to a deferral in cash flow and not any major hit to NAV, suggesting the recent weakness in the stock is unjustified. In this update, we'll dig into Royal Gold's Q4/FY2023 results, recent developments, and what's in store for 2024. It's been a volatile start to the year for the Gold Miners Index ( GDX ) which has declined 13% year-to-date, a nearly 20% underperformance vs. its seasonal average return in the first six weeks of the year of [+] 4%. This is even more disappointing for investors given that the gold price has held up relatively well since its December peak, down just 4% on a daily closing basis. So, what's the culprit for this weakness? While the gold price has risen sharply, some producers missed their FY2023 production guidance, resulting in them coming in higher on costs than planned. Second, sentiment remains in the gutter for the sector, so good news is ignored, mediocre news is sold, and bad news leads to waterfall dec
Show less
Read more
Impact Snapshot
Event Time:
RGLD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RGLD alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RGLD alerts
High impacting Royal Gold, Inc. news events
Weekly update
A roundup of the hottest topics
RGLD
News
- Royal Gold Presenting at the BofA Securities 2024 Global Metals, Mining & Steel ConferenceBusiness Wire
- Royal Gold, Inc. (NASDAQ: RGLD) had its price target lowered by analysts at BMO Capital Markets from $163.00 to $162.00. They now have an "outperform" rating on the stock.MarketBeat
- Royal Gold (RGLD)'s Technical Outlook is Bright After Key Golden Cross [Yahoo! Finance]Yahoo! Finance
- Royal Gold Provides 2024 Guidance for Sales, DD&A and Effective Tax Rate, and Update on Repayment of Outstanding Borrowings [Yahoo! Finance]Yahoo! Finance
- Royal Gold Provides 2024 Guidance for Sales, DD&A and Effective Tax Rate, and Update on Repayment of Outstanding BorrowingsBusiness Wire
RGLD
Earnings
- 2/14/24 - Beat
RGLD
Sec Filings
- 4/17/24 - Form 8-K
- 4/9/24 - Form 8-K
- 4/8/24 - Form ARS
- RGLD's page on the SEC website