BofA Cuts PT on Royal Gold (RGLD) Following Plans to Reduce Ownership in Hod Maden to 15%

3 hours ago 2

Noor Ul Ain Rehman

Tue, May 26, 2026 astatine 7:07 AM CDT 2 min read

Royal Gold, Inc. (NASDAQ:RGLD) is 1 of the champion commodity stocks to bargain for the supercycle. BofA chopped the terms people connected Royal Gold, Inc. (NASDAQ:RGLD) to $245 from $246 connected May 19, reiterating an Underperform standing connected the shares. The standing came aft SSR Mining Inc. (NASDAQ:SSRM) announced a definitive statement with Lidya Mines of Turkiye to merchantability its 20% ownership involvement and operatorship presumption successful the Hod Maden project, with Royal Gold, Inc. (NASDAQ:RGLD) concurrently announcing plans to trim its ownership successful Hod Maden to 15% from 30%.

In its fiscal and operating results for fiscal Q1 2026, Royal Gold, Inc. (NASDAQ:RGLD) reported grounds gross of $469.1 cardinal compared to $193.4 cardinal successful the anterior twelvemonth period. Management clarified that the gross divided by commodity was 71% gold, 16% silver, and 10% copper. The institution besides reported grounds operating currency travel of $293.6 cardinal successful the quarter, on with grounds nett income of $281.1 cardinal ($3.30 per share), and adjusted nett income of $232.9 cardinal ($2.72 per share).

Royal Gold, Inc. (NASDAQ:RGLD) is progressive successful the acquisition and absorption of precious metallic streams, royalties, and akin interests. Its operations are divided into the Acquisition and Management of Stream Interests and the Acquisition and Management of Royalty Interests segments.

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