Market News Video
MNV MNV 10 Stocks Crossing Below Their 200 Day Moving Average
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

First Week of GDX April 20th Options Trading
Wednesday, February 21, 11:36 AM ET, by Market News Video Staff

Investors in Gold Miners ETF (GDX) saw new options become available this week, for the ...

Interesting GDX Put And Call Options For April 6th
Thursday, February 22, 12:22 PM ET, by Market News Video Staff

Investors in Gold Miners ETF (GDX) saw new options become available today, for the April ...

Shares of GOLD Now Oversold
Wednesday, February 28, 11:37 AM ET, by Market News Video Staff

In trading on Wednesday, shares of Randgold Resources, Ltd. (GOLD) entered into oversold territory, changing ...

AngloGold Ashanti Stock Getting Very Oversold
Thursday, March 1, 12:43 PM ET, by Market News Video Staff

In trading on Thursday, shares of AngloGold Ashanti Ltd (AU) entered into oversold territory, changing ...

GG Makes Bullish Cross Above Critical Moving Average
Tuesday, March 6, 4:07 PM ET, by Market News Video Staff

In trading on Tuesday, shares of Goldcorp Inc (GG) crossed above their 200 day moving ...

Snag RGLD 10.3% Cheaper Than Its Secondary?

By Market News Video Staff, Monday, January 14, 11:11 AM ET
Play Video: The Importance of ETFs

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

Looking back to 95 days ago, Royal Gold, Inc. (NASDAQ:RGLD) priced a 5,250,000 share secondary stock offering at $91 per share. Buyers in that offering made a considerable investment into the company, expecting that their investment would go up over the course of time. In trading on Monday, bargain hunters could buy shares of RGLD and achieve a cost basis 10.3% cheaper than those buyers, with shares changing hands as low as $81.66 per share. It should be noted that investors at the secondary have collected $0.20/share in dividends since the time of their purchase, so they are currently down 10.0% on their purchase from a total return basis.

Secondaries can often present buying opportunities for bullish investors interested in purchasing shares, because the sudden extra supply of stock tends to require that the offering be priced at an attractive discount to where the stock had previously been trading before the offering announcement. At last check, Royal Gold, Inc. shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of RGLD shares, versus its 200 day moving average:

Royal Gold, Inc. Chart

Looking at the chart above, RGLD's low point in its 52 week range is $57.00 per share, with $100.84 as the 52 week high point that compares with a last trade of $81.66.

The current annualized dividend paid by Royal Gold, Inc. is $0.80/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 01/02/2013. Below is a long-term dividend history chart for RGLD, which can be of good help in judging whether the most recent dividend with approx. 1.0% annualized yield is likely to continue.

According to the ETF Finder at ETF Channel, RGLD makes up 3.94% of the Gold Miners ETF (AMEX:GDX) which is trading up by about 0.4% on the day Monday.

See what other ETFs contain RGLD
See what other stocks are held by GDX

Special Offer: Try OLI Premium and get reports on Splits, Buybacks, and M&A daily

This Article's Word Cloud:   AMEX   According   Arial   Below   Buybacks   Buyers   Channel   ETFs   Finder   Gold   Looking   Miners   Monday   Offer   Offerings   Premium   RGLD   Recent   Royal   about   annualized   basis   chart   currently   dividend   escape   fillColor   investment   investors   last   most   offering   other   paid   point   priced   purchase   recent   secondary   share   shares   stock   that   their   time   trading   week   what   which   with
About Us - Advertise - Contact Us - Embedding Videos - Licensing Videos - Partners - mRSS / RSS Feed - Terms of Use - Privacy Policy
Home  |  Analyst News  Dividend Report  ETFs  Insider Report  Large Caps  Market Movers  Week Ahead Report  Weekly Market Wrap
MNV MNV Chart Zero Stock Market Game Stock Market Definitions

Snag RGLD 10.3% Cheaper Than Its Secondary? | Market News Video | Copyright © 2008 - 2018, All Rights Reserved

Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.