tiprankstipranks
Blurbs

Analysts Offer Insights on Materials Companies: Royal Gold (RGLD), Artemis Gold (OtherARGTF) and Regis Resources Limited (OtherRGRNF)

There’s a lot to be optimistic about in the Materials sector as 3 analysts just weighed in on Royal Gold (RGLDResearch Report), Artemis Gold (ARGTFResearch Report) and Regis Resources Limited (RGRNFResearch Report) with bullish sentiments.

Royal Gold (RGLD)

In a report issued on January 11, Josh Wolfson from RBC Capital maintained a Buy rating on Royal Gold, with a price target of $145.00. The company’s shares closed last Friday at $122.47.

According to TipRanks.com, Wolfson is a 3-star analyst with an average return of 1.9% and a 54.5% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Anglogold Ashanti PLC, and Osisko Gold Royalties.

Currently, the analyst consensus on Royal Gold is a Moderate Buy with an average price target of $145.33.

See Insiders’ Hot Stocks on TipRanks >>

Artemis Gold (ARGTF)

RBC Capital analyst Wayne Lam maintained a Buy rating on Artemis Gold on January 11 and set a price target of C$9.00. The company’s shares closed last Friday at $4.65.

According to TipRanks.com, Lam is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.9% and a 37.8% success rate. Lam covers the Basic Materials sector, focusing on stocks such as Torex Gold Resources, Osisko Development, and Argonaut Gold.

Artemis Gold has an analyst consensus of Strong Buy, with a price target consensus of $7.60.

Regis Resources Limited (RGRNF)

RBC Capital analyst Alex Barkley maintained a Buy rating on Regis Resources Limited on January 11 and set a price target of A$2.50. The company’s shares closed last Thursday at $1.46.

According to TipRanks.com, Barkley is a 3-star analyst with an average return of 4.1% and a 51.4% success rate. Barkley covers the Basic Materials sector, focusing on stocks such as Silver Lake Resources Limited, Northern Star Resources Ltd, and Ramelius Resources Limited.

Regis Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $1.41, which is a -3.4% downside from current levels. In a report issued on January 11, Canaccord Genuity also maintained a Buy rating on the stock with a A$2.55 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on RGLD:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles