On November 13, 2024, William Heissenbuttel, President & CEO of Royal Gold Inc (RGLD, Financial), sold 3,884 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 109,706 shares of Royal Gold Inc.
Royal Gold Inc (RGLD, Financial) is a precious metals company engaged in the acquisition and management of precious metal streams, royalties, and similar production-based interests. The company focuses on gold, silver, and other precious metals, holding interests in various properties worldwide.
Over the past year, the insider transaction history at Royal Gold Inc shows a trend of more sales than purchases among insiders. Specifically, there have been 13 insider sales and no insider buys. This recent sale by the insider is part of a broader pattern observed over the last year.
Shares of Royal Gold Inc were trading at $141.2 on the day of the transaction. The company has a market cap of approximately $9.22 billion. The price-earnings ratio of the company stands at 32.17, which is above the industry median of 16.85.
The stock's valuation according to the GF Value is set at $131.10, indicating that with a current price of $141.2, Royal Gold Inc is considered Fairly Valued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, considering the broader context of insider transactions and the company's current valuation metrics.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
