Royal Gold Inc (RGLD): Bruce Christopher Kirchhoff , VP, GC and Corp Secretary of Royal Gold Inc sold 3,333 shares on Jun 22, 2016. The Insider selling transaction was reported by the company on Jun 22, 2016 to the Securities and Exchange Commission. The shares were sold at $66.19 per share for a total value of $220,611.27 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 16, 2016, William Holmes Heissenbuttel (VP Corp Dev & Ops) sold 1,250 shares at $57.64 per share price.On Feb 26, 2016, Stefan Wenger (CFO and Treasurer) sold 733 shares at $45.23 per share price.Also, 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 Monday, Jun 20, 2016 heightened volatility was witnessed in Royal Gold Inc USA) which led to swings in the share price. The shares opened for trading at $65.71 and hit $67.55 on the upside , eventually ending the session at $67.51, with a gain of 1.53% or 1.02 points. The heightened volatility saw the trading volume jump to 8,59,703 shares. The 52-week high of the share price is $69.36 and the company has a market cap of $4,406 M . The 52-week low of the share price is at $24.68.
On May 24, 2016, Royal Gold Inc USA) announced a cash dividend of $0.2300. The company’s management has announced Jun 29, 2016 as the ex-dividend date and fixed the record date on Jul 1, 2016. The payable date has been fixed on Jul 15, 2016.
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. (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.