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Shares of Royal Gold, Inc USA) (NASDAQ:RGLD) have earned an average recommendation of “Buy” from the thirteen analysts that are presently covering the stock, Stock Ratings News reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $76.26.

Shares of Royal Gold, Inc USA) (NASDAQ:RGLD) traded down 0.31% on Tuesday, hitting $79.51. 68,752 shares of the company’s stock traded hands. Royal Gold, Inc USA) has a 1-year low of $42.56 and a 1-year high of $82.84. The stock has a 50-day moving average of $77.34 and a 200-day moving average of $68.7. The company has a market cap of $5.179 billion and a price-to-earnings ratio of 83.08.

Royal Gold, Inc USA) (NASDAQ:RGLD) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.06. The company had revenue of $70.10 million for the quarter, compared to the consensus estimate of $77.30 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was up 22.3% on a year-over-year basis. On average, analysts predict that Royal Gold, Inc USA) will post $1.66 earnings per share for the current fiscal year.

A number of research firms have recently commented on RGLD. Analysts at CIBC raised their price target on shares of Royal Gold, Inc USA) from $80.00 to $88.00 in a research note on Monday, August 11th. They now have a “sector outperformer” rating on the stock. Separately, analysts at Cowen and Company cut their price target on shares of Royal Gold, Inc USA) from $95.24 to $93.36 in a research note on Friday, August 8th. Finally, 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.

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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