Royal Gold, Inc. with ticker code (RGLD) have now 13 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 140 and 102 calculating the mean target price we have 119.15. Now with the previous closing price of 102.92 this is indicating there is a potential upside of 15.8%. The 50 day MA is 112.42 and the 200 day moving average is 119.5. The market capitalisation for the company is $6,860m. Visit the company website at: http://www.royalgold.com
Royal Gold, Inc., together with its subsidiaries, acquires and manages precious metal streams, royalties, and related interests. It focuses on acquiring stream and royalty interests or to finance projects that are in production or in development stage in exchange for stream or royalty interests, which primarily consists of gold, silver, copper, nickel, zinc, lead, cobalt, and molybdenum. As of June 30, 2019, the company owned interests in 186 properties on 5 continents, including interests on 41 producing mines and 16 development stage projects. Its principal producing stream and royalty interests on properties are located in the United States, Canada, Chile, the Dominican Republic, Ghana, and Mexico. The company also holds stream and royalty interests in mines and projects in other countries, including Argentina, Australia, Bolivia, Botswana, Brazil, Burkina Faso, Guatemala, Honduras, Macedonia, Nicaragua, Peru, Russia, Spain, and Tunisia. Royal Gold, Inc. was founded in 1981 and is based in Denver, Colorado.