Royal Gold (NASDAQ:RGLD) has outperformed the market over the past 20 years by 1.2% on an annualized basis producing an average annual return of 8.7%. Currently, Royal Gold has a market capitalization of $6.26 billion.
It’s unclear if a bottom is forming in a number of gold stocks, but a few price chart indicators are providing positive divergence signals. Momentum downward for these equities appears to be declining or to have stopped completely – a positive signal, unseen for a few weeks.