RGLD - Royal Gold: 3 Reasons To Back Up The Druck

2024-02-19 18:00:00 ET

Summary

• Royal Gold stock has retreated by over 25% from its 52-week highs.
• The recent results were solid, and the company continues to create longer-term value relative to miners like Barrick and Newmont.
• We give you three reasons to start buying and also tell you why you need to keep some dry powder for a lower entry.

It has been some time since we wrote on Royal Gold Inc. ( RGLD ). But the last time around, we gave it a Buy rating as the valuation was compelling. That call was a bit early, but those that entered there, had up to a 45% upside over the next 12 months. ...

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