Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- The ex-dividend date for Royal Gold (Nasdaq: RGLD) is tomorrow, October 3, 2012. Owners of shares as of market close today will be eligible for a dividend of 15 cents per share. At a price of $98.61 as of 9:30 a.m. ET, the dividend yield is 0.6%. The average volume for Royal has been 742,800 shares per day over the past 30 days. Royal has a market cap of $5.88 billion and is part of the basic materials sector and metals & mining industry. Shares are up 45.9% year to date as of the close of trading on Monday. Royal Gold, Inc., together with its subsidiaries, engages in the acquisition and management of precious metals royalties and similar production based interests. The company has a P/E ratio of 62, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Royal as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full Royal Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.