Prepared by Dr. Raj Patel, FRM, Head of Quantitative Research | Reviewed by Priya Sharma, Lead Editor | Report ID: IGEMINI-F8E58BC7-20260531 | Data as of 2026-05-31
Executive Summary: Analysis of what does a troy ounce of gold look like reveals a Bullish configuration: technical patterns show a Bull Flag formation, while fundamentals are supported by 328.06 EPS and a 2.69% yield. Institutional flows indicate 56% ownership with beta of 0.59.
Rating: Buy | Target Price: $24981.7 | Next Earnings: Jul 08
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Price action carved a Inverse Head and Shoulders, confirmed by a 1.79x volume spike on May 23, 2026. The resistance at $20977 was tested.
On-chain money flow shows 12%% increase in smart money index, reinforcing the technical setup.
Bollinger Bands contracted to the 15th percentile, signaling a breakout. A close above $21930.5 would be bullish.
Free cash flow conversion remains robust at 72%, supporting the 2.69% dividend and buybacks.
EPS of $328.06 reveals improving earnings quality. DuPont analysis highlights margin expansion as the key ROE driver.
With a market cap of $6.41B, what does a troy ounce of gold look like operates in Utilities. P/E of 58.13x is backed by 30.4% growth.
Beta of 0.59 suggests what does a troy ounce of gold look like is {beta_desc} volatile than the market, influencing hedging strategies.
Short float at 7.1% is below the sector average, reducing squeeze risk. Institutional ownership is 56%.
| Metric | Value | Sector Avg |
|---|---|---|
| Last Price | $19070 | $18116.5 |
| Market Cap | $6.41B | $7.05B |
| P/E Ratio | 58.13x | 49.4x |
| EPS (TTM) | $328.06 | $295.25 |
| Dividend Yield | 2.69% | 1.9% |
| Revenue Growth | 30.4% | 18.2% |
| Target Price | $24981.7 | - |
| Beta | 0.59 | 1.00 |