Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Royal Gold's share price for the quarter that ended in Sep. 2024 was $139.424. Royal Gold's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 65.7 Mil. Therefore, Royal Gold's market cap for the quarter that ended in Sep. 2024 was $9,158.7 Mil.
Royal Gold's quarterly market cap
increased
from Mar. 2024 ($8,017.0 Mil) to Jun. 2024 ($8,241.2 Mil) and
increased
from Jun. 2024 ($8,241.2 Mil) to Sep. 2024 ($9,158.7 Mil).
Royal Gold's annual market cap
declined
from Jun. 2021 ($7,396.8 Mil) to Dec. 2022 ($7,355.2 Mil) but then
increased
from Dec. 2022 ($7,355.2 Mil) to Dec. 2023 ($7,913.4 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Royal Gold's Enterprise Value for Today is $9,637.4 Mil.
Royal Gold Market Cap Historical Data
The historical data trend for Royal Gold's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Royal Gold's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Royal Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Royal Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Royal Gold's Market Cap falls into.
Royal Gold Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Royal Gold's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Royal Gold (LTS:0KXS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Royal Gold Market Cap Related Terms
Thank you for viewing the detailed overview of Royal Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Royal Gold Inc enquires and manages precious metal royalties and streams, with a focus on gold. The company operates by purchasing a percentage of the metal produced from a mineral property for an initial payment, without assuming responsibility of mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine, in exchange for an upfront deposit payment. Generally Royal Gold does not conduct any work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
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