Royal Gold (NASDAQ:RGLD), A rise of 391,235 shares or 11.4% was seen in the short interest of Royal Gold, Inc.. Even as the interest increased from 3,434,522 shares on May 31,2016 to 3,825,757 shares on June 15,2016, the days to cover came in at 4. The updated interest stood at 5.9% of the stocks floats. The stock has seen an average daily volume of 911,646 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Royal Gold (NASDAQ:RGLD): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $70.88 and $67.77 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $72.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $69.17, notching a gain of 3.47% for the day. The total traded volume was 2,066,888 . The stock had closed at $66.85 on the previous day.
The company shares have rallied 11.67% from its 1 Year high price. On Jun 24, 2016, the shares registered one year high at $72.00 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $60.75 and the 200 Day Moving Average price is recorded at $48.08.
Royal Gold (NASDAQ:RGLD) has climbed 4.03% in the past week and advanced 25.72% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 5.76% and the outperformance has advanced to 29.52% for the last 4 weeks period.
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.