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Royal Gold, Inc USA) (NASDAQ:RGLD) announced its earnings results on Thursday. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.29 by $0.06, StockRatingsNetwork reports. The company had revenue of $70.10 million for the quarter, compared to the consensus estimate of $77.30 million.

Royal Gold, Inc USA) (NASDAQ:RGLD) traded down 0.10% on Thursday, hitting $77.02. The stock had a trading volume of 90,719 shares. Royal Gold, Inc USA) has a 1-year low of $42.56 and a 1-year high of $78.99. The stock’s 50-day moving average is $75.64 and its 200-day moving average is $67.38. The company has a market cap of $5.015 billion and a P/E ratio of 88.22.

A number of analysts have recently weighed in on RGLD shares. Analysts at HSBC downgraded shares of Royal Gold, Inc USA) from a “neutral” rating to an “underweight” rating in a research note on Friday, July 25th. They now have a $71.00 price target on the stock. On a related note, analysts at CIBC set a $80.00 price target on shares of Royal Gold, Inc USA) in a research note on Tuesday, July 22nd. Finally, analysts at RBC Capital raised their price target on shares of Royal Gold, Inc USA) from C$81.00 to C$94.00 in a research note on Wednesday, July 9th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $73.52.

Royal Gold, Inc (NASDAQ:RGLD) together with its subsidiaries, is engaged in the business of acquiring and managing precious metals royalties and similar interests.

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