Royal Gold Stock Hits 52-Week High: What's Driving Its Performance?

Shares of Royal Gold, Inc. (RGLD) scaled a new 52-week high of $156.35 on Monday before ending the session at a lower at$152.20. The increase was fueled by rising gold prices and RGLD’s solid fourth-quarter 2024 results. The company currently has a market capitalization of 10.1 billion and a Zacks Rank #3 (Hold).What’s Aiding Royal Gold Stock?Solid Q4 & 2024 Results: RGLD reported adjusted earnings per share of 1.63 in the fourth quarter of 2024, beating the Zacks Consensus Estimate of $1.49. The bottom ...