Royal Gold Enters Oversold Territory – Zacks Tale of the Tape
Source: http://www.zacks.com/stock/news/24061/Royal+Gold+Enters+Oversold+Territory+-+Zacks+Tale+of+the+TapePosted on Wednesday, August 26th, 2009 | In Market Commentary, Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
Royal Gold Inc.’s (RGLD) share price has entered into oversold territory with a stochastic value of 11.84. Analysts, on average, see the company’s earnings for the year ending June 2010 growing by 58.3% to 82 cents per share. The most accurate estimate is even bullish at 87 cents per share. Royal Gold is a Zacks #1 Rank (“Strong Buy”) company.
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