Royal Gold Acquires Sandstorm And Horizon In Bold Expansion Move
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 07 2025
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Source: Benzinga
Royal Gold's Strategic Acquisitions: Royal Gold, Inc. is expanding its presence in the precious metals sector through a $3.5 billion merger with Sandstorm Gold and a $196 million acquisition of Horizon Copper Corp, aiming to create a dominant North American player with a diverse asset portfolio.
Financial Implications and Future Growth: The combined entity will have 393 streams and royalties, with 87% of revenue from precious metals, primarily gold. The deals are expected to enhance cash flow and lower risk through diversified assets, pending shareholder and regulatory approvals by late 2025.
Analyst Views on PICK
Wall Street analysts forecast PICK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PICK is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 58.180
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Current: 58.180
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
