Bank of America Securities analyst Lawson Winder maintained a Sell rating on Royal Gold (RGLD – Research Report) today. The company’s shares opened today at $119.26.
According to TipRanks, Winder is a 3-star analyst with an average return of 0.9% and a 55.28% success rate. Winder covers the Basic Materials sector, focusing on stocks such as Alcoa, Commercial Metals Company, and Franco-Nevada.
Royal Gold has an analyst consensus of Moderate Buy, with a price target consensus of $139.00.
The company has a one-year high of $145.83 and a one-year low of $100.22. Currently, Royal Gold has an average volume of 451.7K.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RGLD in relation to earlier this year.
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Royal Gold (RGLD) Company Description:
Royal Gold, Inc. engages in the acquisition and management of metal streams, royalties, and similar interests. It operates through the following segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. The Acquisition and Management of Stream Interests segment involves in the purchase agreement that provides, in exchange for an upfront deposit payment, the right to purchase all or a portion of one or more metals. The Acquisition and Management of Royalty Interests segment focuses on the non-operating interests in mining projects that provide the revenue or metals produced from the project. The company was founded on January 5, 1981 and is headquartered in Denver, CO.
