U.S. Royalty Stocks Surge 5% Amid Gold Rally, Market Cap Increases by Over $10 Billion in a Day

US-based gold streaming and royalty firm Royal Gold Inc. (NASDAQ: RGLD) closed at $226.42, up 5.21%. Its market capitalization swelled to about $19.2 billion—an increase of roughly $1.05 billion (KRW 1.4 trillion) in a single day—on trading volume of 1.14 million shares.

Despite mixed fourth-quarter results and a substantial portfolio expansion, the stock jumped more than 5% in a short period as the market reevaluated the company’s prospects.

At the end of February, analysts raised their average 12-month price target to $327.88, suggesting further upside potential from the current share price.

With acquisitions—including Sandstorm and Horizon Copper—set for 2025, Royal Gold has reorganized into a major precious-metals royalty company with over 390 streaming and royalty assets, securing economies of scale.

Headquartered in Denver, the company does not operate its own mines. Instead, it generates cash flow through streaming and royalty agreements on production and revenues from gold, silver and copper mines worldwide, offering lower costs and risks than traditional mining companies.