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In a recent transaction, Paul Libner, Senior Vice President and Chief Financial Officer of Royal Gold Inc. (NASDAQ:RGLD), sold 2,000 shares of the company’s common stock. The company, which boasts impressive gross profit margins of 87% and maintains a "GREAT" financial health rating according to InvestingPro analysis, has shown strong performance with a 45% return over the past year. The shares were sold at a price of $176.96 each, totaling $353,920. Following this sale, Libner holds 19,749 shares in the company. The transaction was conducted under a pre-established trading plan in compliance with Rule 10b5-1(c) of the Securities Exchange Act of 1934. Notably, Royal Gold has maintained dividend payments for 26 consecutive years, with a current dividend yield of 1.02%. InvestingPro analysis suggests the stock is currently trading below its Fair Value, with additional insights available in the comprehensive Pro Research Report covering this $11.5 billion market cap company.
In other recent news, Royal Gold Inc. reported impressive financial results for the first quarter of 2025, surpassing analyst expectations with earnings per share of $1.72, a 24.6% increase over the forecast of $1.38. The company also exceeded revenue projections, reporting $193.4 million, which is 32.2% higher than anticipated. Additionally, Royal Gold declared a third-quarter dividend of $0.45 per share, reflecting a 12.5% increase from the previous year. In a strategic move, Royal Gold has committed to a $200 million stream and royalty agreement for the Warintza project, which BMO Capital Markets views favorably, leading to a slight increase in the firm’s price target for Royal Gold to $197.
Furthermore, the company’s stockholders approved the Royal Gold, Inc. 2025 Incentive Plan, aiming to align the interests of its key personnel with those of its shareholders. The plan was part of the agenda at the annual meeting where stockholders also ratified Ernst & Young LLP as the independent registered public accounting firm for the year. Royal Gold remains debt-free with $1.25 billion in liquidity, positioning it well for future opportunities in the mining sector. These developments underscore Royal Gold’s strategic initiatives to enhance shareholder value and maintain robust financial health.
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