Zacks Investment Research upgraded shares of ROYAL GOLD INC (RGLD) from UNDERPERFORM to NEUTRAL on September 21, 2012, with a target price of $95.30.
Royal Gold, Inc. is engaged in the acquisition and management of precious metals royalties. They seek to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests. They also explore and develop properties thought to contain precious metals and seek to obtain royalty and other carried ownership interests in these properties through the subsequent transfer of operating interests to other mining companies.
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