Royal Gold (RGLD) Stock

This is a comparison of how Royal Gold (RGLD) and Vizsla Silver Corp. (VZLA) have done in relation to their industry this year.

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DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD) has announced that its Board of Directors has approved a 12.5% increase in the annual common stock dividend, raising it from $1.60 to $1.80 per share. This will be paid quarterly at a rate of $0.45 per share. The first payment at this new rate will be made on January 17, 2025, to shareholders who are on record by the end of business on January 3, 2025.

RGLD's revenue in the third quarter increased due to higher average metal prices, gold sales from Mount Milligan, and production from Penasquito.

Royal Gold reported impressive results for Q3-24, achieving record revenue and adjusted earnings, even with some difficulties at important royalty and streaming assets. The company's exploration and development projects are also strong, with several promising assets making progress and others nearing their first production. Given its appealing valuation and potential for increased GEO sales by 2027, any dips in the stock could be a good chance to buy.

Royal Gold, Inc. (NASDAQ:RGLD) will hold its Q3 2024 Earnings Conference Call on November 7, 2024, at 1:00 PM ET. The call will feature company representatives including Alistair Baker, Bill Heissenbuttel, and Paul Libner, among others. Participants from various banks will also join the call, and Emily will be the operator facilitating the discussion.

Is Royal Gold (RGLD) a strong choice for momentum investors? Let's take a closer look.

RGLD sold 53,800 gold equivalent ounces in the quarter that ended in September 2024.

This is a comparison of how Royal Gold (RGLD) and Sandstorm Gold (SAND) have done in relation to their industry this year.