Royal Gold, Inc. is showing notable market movement today, up 1.3%, or roughly $70.9 million gain.
The company has made notable gains in 7 of the last 11 trading sessions, with 3 of those days occurring consecutively from May 03-07.
Royal Gold holds a market capitalization of $5.5 billion and represents 5.1% of the $108.8 billion NASDAQ/NYSE gold industry.
The industry overall is up today by 0.5%, which translates to an increase of roughly $592 million. The industry gains are led by Newmont Goldcorp Corporation, up 1.21%. Newmont Goldcorp represents 23.4% of the industry, with a market capitalization of $25.4 billion.
Historically, the average daily return for the industry in week #19 has been 0.09%, while the mode daily return is 0.76%.
With a 42stocks weight of 230.1, Royal Gold ranks #562 against 4657 symbols tracked, and #2 of 32 within the industry. A lower rank is more favorable, while a lower weight is less favorable.