ROYAL GOLD INC (NASDAQ:RGLD) – A Strong Growth Candidate Meeting Minervini’s Criteria

ROYAL GOLD INC (NASDAQ:RGLD) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company, which specializes in precious metal streams and royalties, demonstrates strong technical and fundamental characteristics that make it a compelling candidate for growth-focused investors.

Technical Strength: Meeting Minervini’s Trend Template

RGLD satisfies key technical criteria from Minervini’s strategy, which focuses on stocks in strong uptrends:

• Price Above Key Moving Averages:

  • Current price ($179.82) is above the 50-day ($178.55), 150-day ($159.13), and 200-day ($155.60) moving averages.
  • The 200-day MA is trending upward, confirming long-term strength.

• Relative Strength:

  • RGLD’s relative strength (79.32) indicates it outperforms 79% of all stocks, a key factor in Minervini’s approach.

• Price Near 52-Week High:

  • Trading within 6.2% of its 52-week high ($191.78), showing strong momentum.
  • Up 37% over the past year, well above its 52-week low ($125.69).

• Consolidation Setup:

  • The stock has been consolidating between $172.29 and $187.62, presenting a potential breakout opportunity.
  • Support at $175.47 provides a clear stop-loss level.

Fundamental Growth Drivers

RGLD also meets high-growth momentum criteria, with strong earnings and revenue expansion:

• Earnings Growth:

  • EPS (TTM) up 67.4% year-over-year.
  • Quarterly EPS growth of 65.9% (latest quarter) and 71.6% (previous quarter).
  • Analysts have raised next-year EPS estimates by 14.9% over the past three months.

• Revenue Growth:

  • Revenue (TTM) increased 30.8% YoY.
  • Quarterly sales growth of 29.9% (latest quarter) and 32.7% (previous quarter).

• Profitability:

  • Profit margins improved to 58.7% (latest quarter) from 46.2% last fiscal year.
  • Free cash flow per share surged 180% over the past year.

Technical Outlook

According to ChartMill’s technical report, RGLD has a technical rating of 6 (neutral short-term, positive long-term) and a setup rating of 8, indicating a favorable consolidation pattern. The stock is trading above key support levels, with resistance near $184.91–$186.72.

For a deeper technical breakdown, review the full technical analysis report.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and technical strength.

Disclaimer

This is not investment advice. The observations are based on current data, but investors should conduct their own analysis before making decisions.