News coverage about Royal Gold (NASDAQ:RGLD) (TSE:RGL) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Royal Gold earned a news impact score of 0.23 on Accern’s scale. Accern also gave press coverage about the basic materials company an impact score of 46.2523400373815 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

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A number of research analysts have recently issued reports on the company. Raymond James Financial raised Royal Gold from a “market perform” rating to an “outperform” rating and lowered their price target for the company from $90.00 to $88.00 in a report on Wednesday. BidaskClub raised Royal Gold from a “sell” rating to a “hold” rating in a report on Thursday. UBS raised Royal Gold from a “market perform” rating to an “outperform” rating in a report on Wednesday. Scotiabank set a $89.00 price target on Royal Gold and gave the company a “hold” rating in a report on Tuesday, March 6th. Finally, National Bank Financial upped their price target on Royal Gold from $100.00 to $102.50 and gave the company a “sector perform” rating in a report on Friday, February 9th. Nine investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $95.38.

Royal Gold (NASDAQ RGLD) traded up $0.01 during mid-day trading on Friday, reaching $83.80. The company’s stock had a trading volume of 1,739,018 shares, compared to its average volume of 598,896. Royal Gold has a 52 week low of $64.21 and a 52 week high of $94.39. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.80 and a current ratio of 3.98. The company has a market capitalization of $5,477.95, a P/E ratio of 95.23, a price-to-earnings-growth ratio of 4.97 and a beta of 0.70.

Royal Gold (NASDAQ:RGLD) (TSE:RGL) last posted its earnings results on Thursday, February 8th. The basic materials company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.01). Royal Gold had a net margin of 13.00% and a return on equity of 4.31%. The firm had revenue of $114.35 million during the quarter, compared to the consensus estimate of $114.79 million. During the same period in the prior year, the company posted $0.36 EPS. The firm’s revenue was up 6.9% compared to the same quarter last year. sell-side analysts anticipate that Royal Gold will post 1.69 EPS for the current year.

In other Royal Gold news, CFO Stefan Wenger sold 1,500 shares of the stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $88.50, for a total value of $132,750.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 1.12% of the stock is currently owned by corporate insiders.

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Royal Gold Company Profile

Royal Gold, Inc, together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other.

Insider Buying and Selling by Quarter for Royal Gold (NASDAQ:RGLD)

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