12 Best Gold Stocks to Invest In According to Billionaires

4. Royal Gold, Inc. (NASDAQ:RGLD)

Number of Billionaire Investors: 12

Number of Hedge Fund Holders: 42

Royal Gold, Inc. (NASDAQ:RGLD) is involved in the acquisition and management of royalties, precious metal streams, and associated businesses. With operations in the United States, Canada, Chile, the Dominican Republic, Australia, Africa, Mexico, and other countries, the company’s primary focus is on gold, silver, copper, nickel, zinc, and lead.

With $193.4 million in revenue and $136.4 million in operating cash flow, Royal Gold, Inc. (NASDAQ:RGLD) recorded record profitability of $113.5 million ($1.72 per share) in the first quarter of 2025. In addition to selling 67,600 gold equivalent ounces (GEOs), the company’s adjusted net income was $99.8 million ($1.51 per share). The company had great operational efficiency with an adjusted EBITDA margin of 82%. Total liquidity rose to $1.25 billion, and the quarterly dividend was increased to $0.45 per share, a 12.5% increase from the year before.

Regarding commercial expansion, Royal Gold, Inc. (NASDAQ:RGLD) paid back its Rainy River advance stream deposit in full and signed a $50 million gold stream arrangement with Xavantina. Rainy River is predicted to generate 265,000 to 295,000 ounces of gold, while Khoemacau is expected to produce 1.3 to 1.5 million ounces of silver.

The first quarter of 2025 saw an increase in the price of copper, silver, and gold. The average price of gold increased from $2,070 per ounce in Q1 2024 to $2,860 per ounce. Prices for copper and silver also increased dramatically, averaging $4.24 per pound and $31.88 per ounce, respectively. As such, billionaire investors owned $240.9 million worth of stakes in Royal Gold, Inc. (NASDAQ:RGLD), demonstrating their strong belief in the company’s diverse holdings and growth prospects in the face of positive precious metal price trends.