3 Gold Stocks on the Move
European stimulus measures send metal buyers into a frenzy
Gold Stocks on the Move: Royal Gold (RGLD)
Click to Enlarge Royal Gold (RGLD), with its main operations in the United States, Canada, Chile, Mexico and Spain, has enjoyed a more stable share price performance over the last few months.
Shares are down only about 10% from their March high thanks to a solid earnings beat on May 1 due to stable production and favorable analyst coverage — including an initiation with a “buy” rating by Morgan Stanley on May 29.
I’m adding RGLD to my Edge Sample Portfolio.
Anthony Mirhaydari is founder of the Edge and Edge Pro investment advisory newsletters, as well as Mirhaydari Capital Management, a registered investment advisory firm.
Article printed from InvestorPlace Media, http://investorplace.com/2014/06/3-gold-stocks-move/.
©2015 InvestorPlace Media, LLC