Van ECK Associates Corp Raises Stock Position in Royal Gold, Inc. $RGLD

robot
Abstract generation in progress

Van ECK Associates Corp has significantly increased its stake in Royal Gold, Inc. (NASDAQ:RGLD) by 104.1%, now owning 4,994,944 shares valued at approximately $1.00 billion, making it their 28th largest holding. This increase comes despite Royal Gold missing quarterly earnings expectations, though revenue still saw an 85.2% year-over-year rise. The company maintains a “Moderate Buy” analyst rating with a target price of $251.50 and a market cap of $23.90 billion.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin