tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Royal Gold Announces Major Acquisitions of Sandstorm and Horizon

Story Highlights
Royal Gold Announces Major Acquisitions of Sandstorm and Horizon

Elevate Your Investing Strategy:

Royal Gold ( (RGLD) ) has shared an announcement.

On July 6, 2025, Royal Gold, Inc. and its subsidiary International Royalty Corporation entered into agreements to acquire Sandstorm Gold Ltd. and Horizon Copper Corp. The acquisition of Sandstorm will be an all-stock transaction, while Horizon will be acquired in an all-cash transaction. These acquisitions are subject to various closing conditions, including shareholder and court approvals, and are expected to enhance Royal Gold’s market position by expanding its portfolio. The transactions are structured to be completed under the Business Corporations Act of British Columbia, with specific conditions and termination rights outlined for both agreements.

The most recent analyst rating on (RGLD) stock is a Sell with a $131.00 price target. To see the full list of analyst forecasts on Royal Gold stock, see the RGLD Stock Forecast page.

Spark’s Take on RGLD Stock

According to Spark, TipRanks’ AI Analyst, RGLD is a Outperform.

Royal Gold demonstrates strong financial health with robust revenue growth and a debt-free balance sheet. Positive technical indicators and strategic executive agreements further bolster confidence. While the P/E ratio suggests a premium valuation, the company’s consistent dividend increases and positive earnings call sentiment support a favorable outlook. Overall, Royal Gold is well-positioned within the mining industry, with strengths outweighing minor risks.

To see Spark’s full report on RGLD stock, click here.

More about Royal Gold

Average Trading Volume: 639,036

Technical Sentiment Signal: Buy

Current Market Cap: $10.55B

See more insights into RGLD stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1