Royal Gold Stock Faces a Tuesday Test After a Bruising Week
Royal Gold closed at $220.29 Friday, down 3.5% from May 15, after a volatile week. The company announced a reduced stake in Türkiye’s Hod Maden project and a new 2.5% royalty, while gold prices fell for a second week. U.S. markets are closed for Memorial Day, with trading set to resume Tuesday. Royal Gold declared a quarterly dividend of 47.5 cents per share, payable July 16.