10 Best Gold Royalty and Small-Cap Gold Stocks to Buy

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1. Royal Gold, Inc. (NASDAQ:RGLD

Number of Hedge Fund Investors: 30

Market Capitalization as of December 23: $8.79 Billion

Royal Gold, Inc. (NASDAQ:RGLD) is a prominent precious metals royalty and streaming company with a diverse portfolio of high-quality assets spanning North America, South America, and other key mining regions. Founded in 1981, the company is headquartered in Denver, Colorado.

Royal Gold, Inc. (NASDAQ:RGLD) continues to actively seek new opportunities to expand its portfolio. The favorable gold price environment has highlighted several attractive projects, and the company is well-positioned to seize these opportunities thanks to its strong balance sheet and liquidity. As of September 30, Royal Gold is debt-free and has access to a $1 billion revolving credit facility, along with approximately $160 million in working capital, totaling around $1.16 billion in available liquidity. This financial strength enables the company to remain highly competitive in securing new royalty and streaming agreements, especially in stable jurisdictions and with reputable partners.

Royal Gold, Inc. (NASDAQ:RGLD) is also dedicated to executing key strategies aimed at driving sustained growth and value creation. A significant focus is on the organic growth of its existing portfolio. The company collaborates closely with operators such as Newmont at Penasquito and Kinross at Great Bear to enhance production efficiency and extend mine life. These efforts are expected to make meaningful contributions to the company’s revenue and cash flow in the years ahead.

While we acknowledge the potential of Royal Gold, Inc. (NASDAQ:RGLD) to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than RGLD but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock.

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