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Relatively High Price to Last Quarter Annualized Sales Ratio Detected in Shares of Royal Gold Inc in the Gold Industry (RGLD, NEM, MUX, GORO, TAHO)

By David Diaz

Below are the three companies in the Gold industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Royal Gold Inc ranks highest with a price to last quarter annualized sales ratio of 3.54. Newmont Mining is next with a price to last quarter annualized sales ratio of 0.84. McEwen Mining Inc ranks third highest with a price to last quarter annualized sales ratio of 0.52.

Gold Resource Corporation follows with a price to last quarter annualized sales ratio of 0.41, and Tahoe Resources rounds out the top five with a price to last quarter annualized sales ratio of 0.39.

SmarTrend recommended that subscribers consider buying shares of Tahoe Resources on November 14th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $3.19. Since that recommendation, shares of Tahoe Resources have risen 14.1%. We continue to monitor Tahoe Resources for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to last quarter annualized sales ratio royal gold inc newmont mining :mux mcewen mining inc :goro gold resource corporation tahoe resources

Ticker(s): RGLD NEM TAHO