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Uptrend Call Working As Royal Gold Inc Stock Rises 46.7% (RGLD)

By James Quinn

SmarTrend identified an Uptrend for Royal Gold Inc (NASDAQ:RGLD) on March 24th, 2020 at $90.42. In approximately 2 months, Royal Gold Inc has returned 46.68% as of today's recent price of $132.62.

Over the past year, Royal Gold Inc has traded in a range of $59.78 to $138.78 and is now at $132.62, 122% above that low. The 200-day and 50-day moving averages have moved 0.22% higher and 1.93% higher over the past week, respectively.

Royal Gold, Inc. acquires and manages precious metals royalties. The Company seeks to acquire existing royalties or to finance projects that are in production or near production in exchange for royalty interests. Royal Gold's gold-focused portfolio contains royalties ranging from those in production and development to those in the evaluation and exploration stages.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Royal Gold Inc shares.

Log in and add Royal Gold Inc (RGLD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights royal gold inc

Ticker(s): RGLD