Added to YB: 2026-08-07
Pitch date: 2026-08-04
RGLD [neutral]
Royal Gold, Inc.
+1.68%
current return
Author Info
P14 Capital is a former buy-side research analyst who uncovers undervalued opportunities in SMID-cap equities. Long-biased and generalist. Sign up for the newsletter.
Company Info
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests in North America, South and Central America, Europe, the Middle East, Africa, and the Australia Pacific.
Market Cap
$18.2B
Pitch Price
$214.50
Price Target
301.00 (+40%)
Dividend
0.88%
EV/EBITDA
14.39
P/E
23.13
EV/Sales
N/A
Sector
Metals and Mining
Category
value
P14 Weekly Screen #12 - Gold: RGLD - Royal Gold, Inc.
RGLD (overview): 3rd-largest gold royalty co at $202, trades 11.3x FY26E EBITDA (vs 14-15x hist) & 1.2x NAV, 25-30% discount to peers WPM/FNV. 82% EBITDA margin, 78% gold rev, 367 properties. Sandstorm/Kansanshi deals drive 30%+ GEO growth 2026, ~20% to 2030. Deleveraging + $500M buyback. Consensus PT $301.
Read full article (2 min)