Royal Gold Inc. (NASDAQ:RGLD) stock has soared to an all-time high, reaching a price level of $157.93, with InvestingPro data showing the company’s impressive 86% gross profit margins and market capitalization of $10.2 billion. This milestone underscores a period of remarkable growth for the company, which has seen its stock value climb by an impressive 42.5% over the past year, with an 18% gain year-to-date. Investors have shown increasing confidence in Royal Gold’s performance and prospects, particularly noting its 26-year track record of consistent dividend payments and recent 12.5% dividend growth. The all-time high serves as a testament to Royal Gold’s robust financial health and its ability to generate value for shareholders amidst a dynamic economic landscape. According to InvestingPro’s Fair Value analysis, the stock still shows potential for further upside, with 12 more exclusive insights available to subscribers.
In other recent news, Royal Gold Inc. reported its fourth-quarter 2024 financial results, exceeding earnings per share (EPS) expectations with a reported EPS of $1.63, surpassing the anticipated $1.51. Despite a slight revenue shortfall, the company achieved record revenue and operating cash flow for the year, with revenue reaching $719 million, marking a 19% year-over-year increase. In a separate announcement, Royal Gold declared a second-quarter dividend of $0.45 per share, continuing its pattern of returning value to shareholders. Additionally, the company released its 2025 guidance for precious metal sales, projecting gold sales between 210,000 to 230,000 ounces and silver sales from 2.7 to 3.3 million ounces.
In terms of corporate developments, Kevin McArthur, a board member, announced his resignation effective May 22, 2025, to assume a new role at First Quantum Minerals Ltd (TSX:FM). Analyst firm Raymond James raised its price target for Royal Gold to $188, maintaining an Outperform rating, citing the company’s strong business model and asset portfolio. The firm emphasized Royal Gold’s financial health and its ability to grow dividends as positive attributes for shareholders. These recent developments reflect Royal Gold’s ongoing strategic initiatives and operational performance.
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