Keybanc Initiates Coverage On Royal Gold with Sector Weight Rating
Keybanc analyst Adam Josephson initiates coverage on Royal Gold (NASDAQ:RGLD) with a Sector Weight rating.
Is the Fed Right About Transitory Inflation? Gold Might Be Looming Bigger on the Radar
Over the course of 2021, the United States Federal Reserve has communicated optimism with respect to the economic recovery from the Covid-19 virus and inflation as it looks to move toward tightening monetary policy.
Sandstorm, Brimming With Confidence Despite Tepid Q2 Performance
Sandstorm Ltd (NYSE: SAND) announced it would finally become a dividend-paying company by the end of this year. And despite this being some long-awaited news by its shareholders, the gold royalties firm from Canada had a lukewarm second quarter with revenues lower than expected.
BMO Capital Maintains Market Perform on Royal Gold, Raises Price Target to $145
BMO Capital analyst Jackie Przybylowski maintains Royal Gold (NASDAQ:RGLD) with a Market Perform and raises the price target from $138 to $145.
Royal Gold: Q4 Earnings Insights
Shares of Royal Gold (NASDAQ:RGLD) moved higher by 1.9% in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share increased 96.23% over the past year to $1.04, which beat the estimate of $0.88.
Royal Gold Q4 Adj. EPS $1.04 Beats $0.88 Estimate, Sales $168.03M Beat $153.87M Estimate
Royal Gold (NASDAQ:RGLD) reported quarterly earnings of $1.04 per share which beat the analyst consensus estimate of $0.88 by 18.18 percent. This is a 96.23 percent increase over earnings of $0.53 per share from the same
Earnings Scheduled For August 11, 2021
Companies Reporting Before The Bell
• Wireless Telecom Group (AMEX:WTT) is likely to report earnings for its second quarter.
Analyzing Royal Gold’s Unusual Options Activity
On Friday, shares of Royal Gold (NASDAQ:RGLD) saw unusual options activity. After the option alert, the stock price moved down to $116.78.
Earnings Scheduled For May 5, 2021
Companies Reporting Before The Bell
• Monmouth Real Estate (NYSE:MNR) is likely to report earnings for its second quarter.