11 Best Gold Mining Companies to Invest in Right Now

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7. Royal Gold, Inc. (NASDAQ:RGLD

Number of Hedge Fund Holders: 30

Royal Gold, Inc. (NASDAQ:RGLD) is a global leader in the precious metals streaming and royalty market. The firm owns a wide portfolio of high-quality properties throughout North America, South America, and other significant mining regions.

On January 14, Royal Gold, Inc. (NASDAQ:RGLD) announced its fourth-quarter sales numbers, which totaled about 46,900 gold equivalent ounces sold. These sales included around 36,600 ounces of gold, 478,900 ounces of silver, and 1,300 tonnes of copper, all resulting from the company’s streaming arrangements. Moreover, the company reported holding stocks of roughly 15,500 ounces of gold and 338,400 ounces of silver during the quarter.

In addition, Royal Gold, Inc. (NASDAQ:RGLD) announced record figures for the third quarter of 2024, with revenues standing at $194 million, a 40% increase over the same period the previous year. This financial position was further bolstered by nearly $1.1 billion in cash and the removal of all of the company’s outstanding debt.

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