Precious Metal Royalty Interests?

Tags: Royal Gold, Gold, Precious Metals, RGLD
19 Apr 8:00pm
This is an interesting one.. I thought that Royal Gold was a gold mining/exploration type company. I took a look at their financials and Woah! a 93% Gross Profit Margin from a mining company? Then I looked a little further, and it turns out that all they do is: - seek to acquire precious metal royalty interests - finance projects that give potential royalties In fact, it seems like they have nothing to do with actually physically mining stuff.. no problem with me though! Their current price (36.75) is above the 50DMA (32.40) which is in turn > 200DMA (30.71) - nice, bullish outlook. I'll keep an eye on this one.

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if you get anymore info please post thanks!
Posted on Apr 20, 2006 @7:08am
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