Royal Gold acquires and manages precious metal streams, royalties, and similar interests. Co. manages its business under two segments: Acquisition and Management of Stream Interests, in which a metal stream is a purchase agreement that provides, in exchange for an upfront deposit payment, the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement; and Acquisition and Management of Royalty Interests, in which royalties are non-operating interests in mining projects that provide the right to a percentage of revenue or metals produced from the project after deducting specified costs, if any. We show 55 historical shares outstanding datapoints in our RGLD shares outstanding history coverage, used to compute RGLD market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing RGLD market cap history over the course of time is important for investors
interested in comparing RGLD's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of RGLD versus a peer is one thing; comparing
RGLD market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like RGLD can fluctuate over the course of history.
With this page we aim to empower investors researching RGLD by allowing them to research the RGLD market cap history. |
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Video: The Importance of Market Cap
