RG3 Stock Chart & Stats
€221.80
€2.80(2.17%)
At close: 4:00 PM EST
€221.80
€2.80(2.17%)
Day’s Range― - ―
52-Week Range€130.70 - €264.90
Previous CloseN/A
Volume0.00
Average Volume (3M)239.00
Market Cap
€14.99B
Enterprise Value€22.04K
Total Cash (Recent Filing)€234.14M
Total Debt (Recent Filing)€595.69M
Price to Earnings (P/E)23.9
Beta0.61
Next Earnings
Aug 05, 2026EPS Estimate
2.28Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)8.40
Shares Outstanding84,866,600
10 Day Avg. Volume87
30 Day Avg. Volume239
Financial Highlights & Ratios
PEG Ratio1.02
Price to Book (P/B)2.16
Price to Sales (P/S)14.98
P/FCF Ratio-33.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€248.56Price Target Upside12.06% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
EPS Forecast (FY)9.44
Revenue Forecast (FY)€1.66B
Bulls Say, Bears Say
Bulls Say
Asset-light Royalty And Streaming ModelRoyal Gold’s royalty/streaming model is structurally durable: it captures upside to production and metal prices while avoiding direct operating and sustaining capex. That asset‑light profile reduces exposure to mine cost inflation, scales via deal-making, and supports predictable long‑term cash flow.
Record Revenue And High MarginsThe company delivered materially higher revenue with very strong adjusted EBITDA margins and operating cash flow growth, demonstrating durable earnings power driven by portfolio production and commodity price exposure. High margins provide buffer for reinvestment, buybacks, and dividends over the medium term.
Conservative Leverage And Improved LiquidityLow net leverage (debt-to-equity ~0.08 historically) and active revolver paydowns materially strengthen financial flexibility. Ample available liquidity supports opportunistic acquisitions, disciplined capital allocation and buffers against commodity or production volatility for several quarters to years.
Bears Say
Volatile And Negative Free Cash FlowFFO and operating cash are strong, but free cash flow volatility and a negative FCF in the TTM reduce confidence in sustained internal funding for buybacks, dividend growth or large acquisitions. Persistent negative FCF forces reliance on revolver or balance sheet capacity in downturns, raising structural funding risk.
Rising DD&A And Interest CostsHigher carrying values from recent transactions have doubled unit DD&A and interest costs have risen with revolver use; over time this compresses per‑GEO margins and reduces the cash conversion of reported earnings, structurally limiting the incremental cash available from future revenue growth.
Asset‑specific Operational And Non‑core ExposuresRevenue depends on third‑party mine operators and specific project outcomes. Ongoing operational transitions, strategic reviews (Hod Maden) and retained non‑royalty equity create timing risk, contingent funding obligations and earnings volatility that can persist for multiple quarters to years until outcomes resolve.
Royal Gold News
RG3 FAQ
What was Royal Gold’s price range in the past 12 months?
Royal Gold lowest stock price was €130.70 and its highest was €264.90 in the past 12 months.
What is Royal Gold’s market cap?
Royal Gold’s market cap is €14.99B.
When is Royal Gold’s upcoming earnings report date?
Royal Gold’s upcoming earnings report date is Aug 05, 2026 which is in 9 days.
How were Royal Gold’s earnings last quarter?
Royal Gold released its earnings results on May 06, 2026. The company reported €2.389 earnings per share for the quarter, missing the consensus estimate of €2.436 by -€0.047.
Is Royal Gold overvalued?
According to Wall Street analysts Royal Gold’s price is currently Undervalued.
Does Royal Gold pay dividends?
Royal Gold does not currently pay dividends.
What is Royal Gold’s EPS estimate?
Royal Gold’s EPS estimate is 2.28.
How many shares outstanding does Royal Gold have?
Royal Gold has 84,866,600 shares outstanding.
What happened to Royal Gold’s price movement after its last earnings report?
Royal Gold reported an EPS of €2.389 in its last earnings report, missing expectations of €2.436. Following the earnings report the stock price went up 0.349%.
Which hedge fund is a major shareholder of Royal Gold?
Currently, no hedge funds are holding shares in DE:RG3
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Royal Gold Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
€248.56 (12.06% Upside)
€248.56 (12.06% Upside)
Blogger Sentiment
Bullish
DE:RG3 Sentiment 70%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth €309.1K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
30.29%
12-Months-Change
Fundamentals
Return on Equity
0.93%
Trailing 12-Months
Asset Growth
174.40%
Trailing 12-Months
Company Description
Royal Gold
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.
RG3 Company Deck
RG3 Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a strongly positive quarter driven by record revenue, earnings, and operating cash flow supported by significantly higher metal prices and strong stream and royalty contributions. Management strengthened liquidity, added capital allocation tools (accordion revolver and $500M buyback authorization), and executed portfolio rationalizations and divestitures. Key challenges include higher DD&A and interest costs from recent acquisitions and revolver use, some asset-specific operational transitions (Peñasquito ramp-down, Coimolache contractor changes), and ongoing uncertainty at Hod Maden and with remaining non-core equity positions. Overall, positives (record financials, improved liquidity, strategic tools, portfolio progress) materially outweighed the lowlights.View all DE:RG3 earnings summariesRG3 Revenue Breakdown
69.06% Stream interests
30.94% Royalty interests

RG3 Stock 12 Month Forecast
All Analysts
Top Analysts
Average Price Target
€248.56
▲(12.06% Upside)
Technical Analysis
1 Day
3 Days
1 Week
1 Month
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