RBC Capital Maintains Outperform on Royal Gold, Raises Price Target to $325
RBC Capital analyst Josh Wolfson maintains Royal Gold (NASDAQ:RGLD) with a Outperform and raises the price target from $305 to $325.
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Royal Gold (NASDAQ:RGLD) reported quarterly earnings of $2.56 per share which missed the analyst consensus estimate of $2.69 by 5.19 percent. This is a 41.44 percent increase over earnings of $1.81 per share from the
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RBC Capital analyst Josh Wolfson maintains Royal Gold (NASDAQ:RGLD) with a Outperform and raises the price target from $305 to $325.
Franco-Nevada shares have gained 12.5% since its Q2 2026 earnings report, outperforming the S&P 500. While revenues surged 57% year-over-year to $581 million and adjusted earnings rose 46%, the company missed consensus EPS estimates ($1.81 vs. $1.95 expected). Profitability margins contracted despite strong revenue growth. The company maintains a debt-free balance sheet with $1.01 billion in cash and expects to track toward the upper half of its 2026 GEO sales guidance of 510,000-570,000 ounces.
Treasury's expanded long-bond buybacks knocked yields off 20-month highs and sank the dollar, as gold soars.