Royal Stock Hits New 52-Week Low (RGLD)

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) -- Royal Gold (Nasdaq: RGLD) hit a new 52-week low Thursday as it is currently trading at $46.59, below its previous 52-week low of $48.33 with 373,248 shares traded as of 10:05 a.m. ET. Average volume has been 900,900 shares over the past 30 days.

Royal has a market cap of $3.28 billion and is part of the basic materials sector and metals & mining industry. Shares are down 38.4% year to date as of the close of trading on Wednesday.

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 39.8, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Royal as a hold. 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 and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and deteriorating net income. You can view the full Royal Ratings Report.

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