$20B
Market Cap
38.9%
Above 52W Low
$168.88
52W Low
23.4%
Below 52W High
$306.25
52W High
52-Week Range
$168.88
52W Low
$306.25
52W High
Holders
10 TRACKED INVESTORS HOLD RGLD
Kopernik Global Investors, LLC increased by 128,824 shares· as of 2026-06-30 · filed 2026-08-11
Company Details
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
CEO
William H. Heissenbuttel
HeadquartersDenver, CO
Key Stats
Company Snapshot
Market & Listing
- Primary listing
- Nasdaq (RGLD)
- Market Cap Tier
- Major
- P/B Ratio
- 2.2x
- P/E (TTM)
- 23.8x
- Gold β
- 1.09OLS vs GLD/SLV · 252 daily sessions · R² reliability
Company & Operations
- Headquarters
- Denver, CO
- Stage
- Royalty
- Commodities
- gold
- Flagship
- Mount Milligan Stream (British Columbia, Canada)
- Jurisdictions
- Canada, Dominican Republic, United States, Chile, Mexico, Ghana, Botswana
- Industry
- Mineral Royalty Traders
Contact & Links
- Website
- Visit
RGLD Gold Beta
1.09Insider buying
No insider purchases on file.
Latest fund position changes
View all13F
- Sprott Inc.decrease
151,097 → 139,629 shares (-7.6% QoQ) · as of 2026-06-30 · filed 2026-07-28 · SEC
- U S GLOBAL INVESTORS INCdecrease
U.S. Global Investors
81,240 → 1,255 shares (-98.5% QoQ) · as of 2026-06-30 · filed 2026-07-27 · SEC
- Kopernik Global Investors, LLCincrease
David Iben
86,159 → 214,983 shares (+149.5% QoQ) · as of 2026-06-30 · filed 2026-08-11 · SEC
- CI INVESTMENTS INC.increase
CI Global Asset Management
121,931 → 138,806 shares (+13.8% QoQ) · as of 2026-06-30 · filed 2026-08-13 · SEC
- McAlvany Wealth Management LLCincrease
David McAlvany
49,626 → 53,692 shares (+8.2% QoQ) · as of 2026-06-30 · filed 2026-07-23 · SEC
- Global Strategic Management Incincrease
Adrian Day
22,221 → 23,780 shares (+7.0% QoQ) · as of 2026-06-30 · filed 2026-08-14 · SEC
Fund position filings reflect the last filed quarter and can be 45+ days old. They are not real-time.
Major stakes 5%+
View all- Passive stake13GCapital World Investors11.6%as of 2025-12-31 · filed 2026-02-13SEC filing
Other disclosed holders
- Disclosed holder13GFirst Eagle Investment Management, LLC3.4%as of 2025-11-12 · filed 2025-11-12SEC filing
Royal Gold, Inc.
RGLDNasdaq🇺🇸
Gold beta measures how much this stock tends to move for every 1% move in the price of gold.
Gold Beta
1.09x
Tracks gold moves
R-squared
0.60
Model fit (moderate)
Reliability-Adjusted Beta
0.65x
R²-weighted beta
Observation Window
252-DAY
Daily returns
How to read
β > 1.1
amplifies gold moves
β 0.9-1.1
tracks gold
β 0-0.9
dampens gold moves
β < 0
moves inversely
RGLD's beta of 1.09 means it has historically tracked gold moves.
R-squared of 0.60 indicates a moderate relationship.
Methodology: OLS regression of RGLD returns vs. GLD returns over 252 trading days. Source: Polygon.io price data. Updated daily.
Insider activity
Last 12 months of insider buying from SEC filings (officers, directors, and 10% owners).Form 4
Total Buys (12mo)
0
$0
Total Sells (12mo)
8
$2.6M
Net (12mo)
-$2.6M
Unique Insiders
10
Most Recent Filing
Sep 15, 2026
- SELLTax withholding
RAFFIELD MARTIN
SVP
Shares
—
Value
- SELLGift
RAFFIELD MARTIN
SVP
Shares
40
Value
- SELLOpen market sale
HEISSENBUTTEL WILLIAM HOLMES
CEO
Shares
—
Value
- SELLOpen market sale
SHEFMAN RANDY
SVP & GENERAL COUNSE
Shares
500
Value
$131K
- SELLOpen market sale
SHEFMAN RANDY
SVP & GENERAL COUNSE
Shares
500
Value
$108K
- SELLOpen market sale
SHEFMAN RANDY
SVP & GENERAL COUNSE
Shares
1,000
Value
$244K
- SELLOpen market sale
ISTO MARK
DIRECTOR
Shares
2,000
Value
$550K
- SELLGift
CRANDALL DAVID R
VP
Shares
150
Value
- SELLOpen market sale
LIBNER PAUL
CFO
Shares
—
Value
- SELLOpen market sale
BREEZE DANIEL
SVP CORP DEV OF RGLD GOL
Shares
700
Value
$210K
- SELLTax withholding
HEISSENBUTTEL WILLIAM HOLMES
CEO
Shares
—
Value
- SELLTax withholding
LIBNER PAUL
CFO
Shares
—
Value
- SELLTax withholding
RAFFIELD MARTIN
SVP
Shares
—
Value
- SELLTax withholding
SHEFMAN RANDY
SVP & GENERAL COUNSE
Shares
—
Value
- SELLTax withholding
CRANDALL DAVID R
VP
Shares
—
Value
- SELLTax withholding
HEISSENBUTTEL WILLIAM HOLMES
CEO
Shares
—
Value
- SELLTax withholding
LIBNER PAUL
CFO
Shares
—
Value
- SELLTax withholding
RAFFIELD MARTIN
SVP
Shares
—
Value
- SELLTax withholding
SHEFMAN RANDY
SVP & GENERAL COUNSE
Shares
—
Value
- SELLTax withholding
CRANDALL DAVID R
VP
Shares
—
Value
- SELLTax withholding
HEISSENBUTTEL WILLIAM HOLMES
CEO
Shares
—
Value
- SELLTax withholding
LIBNER PAUL
CFO
Shares
—
Value
- SELLTax withholding
RAFFIELD MARTIN
SVP
Shares
—
Value
- SELLTax withholding
SHEFMAN RANDY
SVP & GENERAL COUNSE
Shares
—
Value
- BUYStock grant
BREEZE DANIEL
SVP CORP DEV OF RGLD GOL
Shares
—
Value
| Date | Insider | Type | Shares | Price | Value | ||
|---|---|---|---|---|---|---|---|
RAFFIELD MARTIN | SVP | SELLTax withholding | — | $248.34 | Tax withholding | ||
RAFFIELD MARTIN | SVP | SELLGift | 40 | Gift | |||
HEISSENBUTTEL WILLIAM HOLMES | CEO | SELLOpen market sale | — | Open market sale | |||
SHEFMAN RANDY | SVP & GENERAL COUNSE | SELLOpen market sale | 500 | $262.80 | $131K | Open market sale | |
SHEFMAN RANDY | SVP & GENERAL COUNSE | SELLOpen market sale | 500 | $215.85 | $108K | Open market sale | |
SHEFMAN RANDY | SVP & GENERAL COUNSE | SELLOpen market sale | 1,000 | $243.74 | $244K | Open market sale | |
ISTO MARK | DIRECTOR | SELLOpen market sale | 2,000 | $274.83 | $550K | Open market sale | |
CRANDALL DAVID R | VP | SELLGift | 150 | Gift | |||
LIBNER PAUL | CFO | SELLOpen market sale | — | Open market sale | |||
BREEZE DANIEL | SVP CORP DEV OF RGLD GOL | SELLOpen market sale | 700 | $299.73 | $210K | Open market sale | |
HEISSENBUTTEL WILLIAM HOLMES | CEO | SELLTax withholding | — | $304.29 | Tax withholding | ||
LIBNER PAUL | CFO | SELLTax withholding | — | $304.29 | Tax withholding | ||
RAFFIELD MARTIN | SVP | SELLTax withholding | — | $304.29 | Tax withholding | ||
SHEFMAN RANDY | SVP & GENERAL COUNSE | SELLTax withholding | — | $304.29 | Tax withholding | ||
CRANDALL DAVID R | VP | SELLTax withholding | — | $299.79 | Tax withholding | ||
HEISSENBUTTEL WILLIAM HOLMES | CEO | SELLTax withholding | — | $299.79 | Tax withholding | ||
LIBNER PAUL | CFO | SELLTax withholding | — | $299.79 | Tax withholding | ||
RAFFIELD MARTIN | SVP | SELLTax withholding | — | $299.79 | Tax withholding | ||
SHEFMAN RANDY | SVP & GENERAL COUNSE | SELLTax withholding | — | $299.79 | Tax withholding | ||
CRANDALL DAVID R | VP | SELLTax withholding | — | $299.79 | Tax withholding | ||
HEISSENBUTTEL WILLIAM HOLMES | CEO | SELLTax withholding | — | $299.79 | Tax withholding | ||
LIBNER PAUL | CFO | SELLTax withholding | — | $299.79 | Tax withholding | ||
RAFFIELD MARTIN | SVP | SELLTax withholding | — | $299.79 | Tax withholding | ||
SHEFMAN RANDY | SVP & GENERAL COUNSE | SELLTax withholding | — | $299.79 | Tax withholding | ||
BREEZE DANIEL | SVP CORP DEV OF RGLD GOL | BUYStock grant | — | Stock grant |
Valuation measures
Trailing ratios from reported financials and cached prices.
| Metric | Current | 6/30/2026 | 3/31/2026 | 12/31/2025 | 9/30/2025 | 6/30/2025 |
|---|---|---|---|---|---|---|
| Enterprise Value | $19B | $19B | $24B | $21B | $18B | $15B |
| Trailing P/E | 23.80 | 24.14 | 30.77 | 33.23 | 27.55 | 26.08 |
| Price/Sales | 12.79 | 12.97 | 16.54 | 18.31 | 19.85 | 18.88 |
| Price/Book | 2.24 | 2.27 | 2.89 | 2.62 | 4.98 | 4.55 |
| EV/Revenue | 14.34 | 14.52 | 18.09 | 20.57 | 21.07 | 19.20 |
| EV/EBITDA | 23.06 | 23.35 | 29.09 | 33.22 | 32.23 | 29.67 |
Analyst estimates
Sell-side consensus figures from FMP. Separate from filed company facts above.
Sell-side estimates
Estimates for FY ending Dec 31, 2026 · based on 5 analysts · FMP
Trading at $234.64, target $307.20 (+31%)
All-time avg $219.19 (27 targets)
Ownership from tracked investor filings and public statements. Insider buying from SEC filings (Form 4).