RGLD
Royal Gold, Inc.
$207.57
+5.53 (+2.74%) ↑
As of Aug 4, 2026, 1:24 PM EDT· Delayed 15 min
$18B
Market Cap
37.7%
Above 52W Low
$150.75
52W Low
32.2%
Below 52W High
52-Week Range
$150.75
52W Low
$306.25
52W High
Holders
10 TRACKED INVESTORS HOLD RGLD
David Iben trimmed 123,519 shares· Q1 2026 · filed 2026-05-13
Get Alerts for Royal Gold, Inc. (RGLD)
Get notified when a tracked investor or company insider files a buy or sell for RGLD. Alerts cover US SEC filings (Form 4 and 13F) that GoldSignal ingests.
Insider buying
No recent insider transactions on file.
Latest fund position changes
View all13F
- CI Global Asset Managementdecrease
130,797 → 121,931 shares (-6.8% QoQ) · 2026-03-31 · Filed 2026-05-13 · SEC
- Adrian Daydecrease
23,941 → 22,221 shares (-7.2% QoQ) · 2026-03-31 · Filed 2026-05-13 · SEC
- David Ibendecrease
209,678 → 86,159 shares (-58.9% QoQ) · 2026-03-31 · Filed 2026-05-13 · SEC
- David McAlvanyincrease
45,393 → 49,626 shares (+9.3% QoQ) · 2026-03-31 · Filed 2026-05-06 · SEC
Fund position filings reflect the last filed quarter and can be 45+ days old. They are not real-time.
Major stakes
View all- Passive stake13G/ACapital World Investors11.6%Feb 13, 2026SEC filing
- Passive stake13G/AFirst Eagle Investment Management, LLC3.4%Nov 12, 2025SEC filing
Gold beta
RGLD Gold Beta
1.05Daily OLS vs GLD (or SLV) · 252 sessions · published when R² ≥ 0.10. Taller means larger magnitude moves with gold.
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
1.05x
Tracks gold moves
R-squared
0.55
Model fit (moderate)
Reliability-Adjusted Beta
0.58x
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 1.05 means it has historically tracked gold moves.
R-squared of 0.55 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)
7
$2.4M
Net (12mo)
-$2.4M
Unique Insiders
10
Most Recent Filing
Jun 16, 2026
- 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
- BUYStock grant
CHUBBS FABIANA
DIRECTOR
Shares
—
Value
- BUYStock grant
CRANDALL DAVID R
VP
Shares
—
Value
- BUYStock grant
HAYES WILLIAM M.
DIRECTOR
Shares
—
Value
- BUYStock grant
HEISSENBUTTEL WILLIAM HOLMES
CEO
Shares
—
Value
| Date | Insider | Type | Shares | Price | Value | ||
|---|---|---|---|---|---|---|---|
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 | |||
CHUBBS FABIANA | DIRECTOR | BUYStock grant | — | Stock grant | |||
CRANDALL DAVID R | VP | BUYStock grant | — | Stock grant | |||
HAYES WILLIAM M. | DIRECTOR | BUYStock grant | — | Stock grant | |||
HEISSENBUTTEL WILLIAM HOLMES | CEO | 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 |
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
At a Glance
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 $207.57, target $307.20 (+48%)
All-time avg $219.19 (27 targets)
Ownership from tracked investor filings and public statements. Insider buying from SEC filings (Form 4).









