Royal Gold Inc (RGLD) Files Form 4 Insider Selling : William Holmes Heissenbuttel Sells 1,250 Shares

Royal Gold Inc (RGLD): William Holmes Heissenbuttel , VP Corp Dev & Ops of Royal Gold Inc sold 1,250 shares on May 13, 2016. The Insider selling transaction was reported by the company on May 16, 2016 to the Securities and Exchange Commission. The shares were sold at $57.64 per share for a total value of $72,050.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Feb 26, 2016, Stefan Wenger (CFO and Treasurer) sold 733 shares at $45.23 per share price.On Sep 17, 2015, Tony A Jensen (CEO and President) sold 30,500 shares at $44.85 per share price.

Royal Gold Inc USA): On Friday, May 13, 2016 heightened volatility was witnessed in Royal Gold Inc USA) which led to swings in the share price. The shares opened for trading at $57.64 and hit $58.66 on the upside , eventually ending the session at $57.73, with a gain of 0.28% or 0.16 points. The heightened volatility saw the trading volume jump to 5,50,157 shares. The 52-week high of the share price is $67.99 and the company has a market cap of $3,768 M . The 52-week low of the share price is at $24.68.

Royal Gold Inc USA) Money Flow Index Chart

Company has been under the radar of several Street Analysts.Royal Gold Inc USA) is Reiterated by FBR Capital to Mkt Perform and the brokerage firm has raised the Price Target to $ 57 from a previous price target of $55 .The Rating was issued on May 3, 2016.Royal Gold Inc USA) is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Mar 14, 2016.

Royal Gold Inc. (Royal Gold) together with its subsidiaries is engaged in the business of acquiring and managing precious metals royalties metal streams and similar interests. The Company operates through two business segments: acquisition and management of royalty interests and acquisition and management of stream interests. As of June 30 2015 the Company owned stream interests on one producing property and two development-stage properties and owned royalty interests on 36 producing properties 22 development-stage properties and 135 exploration-stage properties. The Company’s principal producing properties include Andacollo Cortez Holt Mount Milligan Mulatos Penasquito Robinson Mine Voisey’s Bay and Wassa Bogoso and Prestea. The Company’s principal development-stage properties include Pascua-Lama project and Phoenix Gold.

Leave a Reply

Royal Gold Inc USA) - Is it time to Sell?

Top Brokerage Firms are advising their investors on Royal Gold Inc USA). Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.