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Zacks Investment Research downgraded Royal Gold, Inc (USA) (NASDAQ:RGLD) to Strong Sell in a report released today.

Just yesterday Royal Gold, Inc (USA) (NASDAQ:RGLD) traded -1.54% lower at $65.09. Royal Gold, Inc (USA)’s 50-day moving average is $75.20 and its 200-day moving average is $69.34. The last closing price is down -4.88% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 486,330 shares of RGLD traded hands, down from an average trading volume of 699,797

Zacks Investment Research has downgraded Royal Gold, Inc (USA) (NASDAQ:RGLD) to Strong Sell in a report released on 10/12/2016.

Recent Performance Chart

Royal Gold, Inc (USA) (NASDAQ:RGLD)

Royal Gold, Inc (USA) has 52 week low of $24.68 and a 52 week high of $87.74 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 13 brokers have issued a research note on the company. The average stock price target is $69.77 with 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 8 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On Royal Gold, Inc (USA) (NASDAQ:RGLD)

Royal Gold, Inc., together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other. As of June 30, 2016, the Company owned stream interests on four producing properties and three development-stage properties. It has investments in stream interests relating to Pueblo Viejo, Andacollo, Wassa and Prestea, and Rainy River. As of June 30, 2016, the Company owned royalty interests on 34 producing properties, 21 development-stage properties and 131 exploration-stage properties, of which it considered 50 to be evaluation-stage projects.

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