Royal Gold (RGLD) : During the past 4 weeks, traders have been relatively bearish on Royal Gold (RGLD), hence the stock is down -7.36% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.18% relative to the S&P 500. The 4-week change in the price of the stock is -9.24% and the stock has fallen -0.66% in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.51% and the 50-Day Moving Average is 6.42%.The 200 Day SMA reached 33.45% Royal Gold, Inc. is up 14.02% in the last 3-month period. Year-to-Date the stock performance stands at 110.13%.
Royal Gold (RGLD) : The highest short term price target forecast on Royal Gold (RGLD) is $99 and the lowest target price is $53. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $86.14 with a standard deviation of $16.11.
For the current week, the company shares have a recommendation consensus of Buy. Royal Gold (NASDAQ:RGLD): stock was range-bound between the intraday low of $74.83 and the intraday high of $76.7 after having opened at $75.73 on Fridays session. The stock finally closed in the red at $75.73, a loss of -0.75%. The stock remained in the red for the whole trading day. The total traded volume was 1,061,934 shares. The stock failed to cross $76.7 in Fridays trading. The stocks closing price on Thursday was $75.56.
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.