BMO Capital Keeps a Buy Rating on Royal Gold

By Ryan Adsit

BMO Capital analyst David Gagliano reiterated a Buy rating on Royal Gold (NASDAQ: RGLD) yesterday and set a price target of $95. The company’s shares closed yesterday at $79.05.

According to, Gagliano is a 4-star analyst with an average return of 4.2% and a 51.5% success rate. Gagliano covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Newmont Mining Corporation, and Stillwater Mining Company.

Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $86.33.

Royal Gold’s market cap is currently $5.15B and has a P/E ratio of 50.54. The company has a book value ratio of 2.2716.

Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock.

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Royal Gold, Inc. engages in the investment, acquisition and management of precious metals royalties and streams. It operates through two business segments: Acquisition and Management of Royalty Interests and Acquisition and Management of Stream Interests. The company was founded on January 5, 1981 and is headquartered in Denver, CO.