Short Term Rating on Royal Gold (RGLD)

Royal Gold (RGLD) : 6 brokerage houses believe that Royal Gold (RGLD) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Royal Gold (RGLD). Zacks Investment Research suggests a Strong Buy with a rank of 1.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.56.

Royal Gold (RGLD) : Currently there are 8 street experts covering Royal Gold (RGLD) stock. The most bullish and bearish price target for the stock is $95 and $53 respectively for the short term. The average price target of all the analysts comes to $76.38. The estimated standard deviation from the target is $13.91.

For the current week, the company shares have a recommendation consensus of Buy.


Royal Gold (NASDAQ:RGLD): The stock opened at $82.50 on Tuesday but the bulls could not build on the opening and the stock topped out at $83.61 for the day. The stock traded down to $80.15 during the day, due to lack of any buying support eventually closed down at $80.36 with a loss of -3.44% for the day. The stock had closed at $83.22 on the previous day. The total traded volume was 1,465,330 shares.

Royal Gold, Inc. (Royal Gold), together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties, metal streams and similar interests. The Company operates through two business segments: acquisition and management of royalty interests and acquisition and management of stream interests. As of June 30, 2015, the Company owned stream interests on one producing property and two development-stage properties and owned royalty interests on 36 producing properties, 22 development-stage properties and 135 exploration-stage properties. The Companys principal producing properties include Andacollo, Cortez, Holt, Mount Milligan, Mulatos, Penasquito, Robinson Mine, Voiseys Bay, and Wassa, Bogoso and Prestea. The Companys principal development-stage properties include Pascua-Lama project and Phoenix Gold.

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