▲ +30.11% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Royal Gold in the last 3 months. The average price target is $137.70, with a high forecast of $165.00 and a low forecast of $108.00. The average price target represents a 30.11% upside from the last price of $105.83.
The current consensus among 11 polled investment analysts is to hold stock in Royal Gold. This rating has held steady since November 2020, when it changed from a Buy consensus rating.
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, cobalt, and molybdenum. As of June 30, 2020, the company owned interests in 187 properties on 5 continents, including interests on 41 producing mines and 16 development stage projects. Its stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Australia, Mexico, and internationally. Royal Gold, Inc. was founded in 1981 and is based in Denver, Colorado.