Upgrades Hold Buy X

RGLD Royal Gold

Jefferies

$154 $178

Upgrades Mkt Perform Outperform X

RGLD Royal Gold

BMO Capital Markets

$148 $158

Initiated Hold X

RGLD Royal Gold

Jefferies

$117

Downgrades Overweight Neutral X

RGLD Royal Gold

Cantor Fitzgerald

Upgrades Sec Perform Outperform X

RGLD Royal Gold

National Bank Financial

Upgrades Hold Buy X

RGLD Royal Gold

Cantor Fitzgerald

$145

Downgrades Neutral Underperform X

RGLD Royal Gold

BofA Securities

$130

Downgrades Buy Hold X

RGLD Royal Gold

Cantor Fitzgerald

Resumed Neutral X

RGLD Royal Gold

Credit Suisse

$120

Upgrades Hold Buy X

RGLD Royal Gold

Canaccord Genuity

Downgrades Buy Hold X

RGLD Royal Gold

Canaccord Genuity

Upgrades Underperform Neutral X

RGLD Royal Gold

BofA Securities

$108.75 $125

Initiated Overweight X

RGLD Royal Gold

JP Morgan

$143

Upgrades Sec Perform Outperform X

RGLD Royal Gold

RBC Capital Mkts

$155 $150

Downgrades Sec Outperform Neutral X

RGLD Royal Gold

CIBC

Downgrades Eq Weight Underweight X

RGLD Royal Gold

Barclays

$88 $105

Downgrades Outperform Mkt Perform X

RGLD Royal Gold

Raymond James

Downgrades Buy Hold X

RGLD Royal Gold

Canaccord Genuity

$98

Downgrades Outperform Sec Perform X

RGLD Royal Gold

RBC Capital Mkts

Downgrades Buy Hold X

RGLD Royal Gold

Desjardins

Upgrades Neutral Buy X

RGLD Royal Gold

B. Riley FBR

$86 $100

Upgrades Mkt Perform Outperform X

RGLD Royal Gold

Raymond James

RGLD  Royal Gold, Inc.

Royal Gold, Inc., together with its subsidiaries, is engaged in acquiring and managing precious metal streams, royalties and similar interests. The Company operates through two segments: Acquisition and Management of Stream Interests, and Acquisition and Management of Royalty Interests. Its assets are located in Canada, Chile, Dominican Republic, Mexico, the United States, Africa, Australia and Other. As of June 30, 2016, the Company owned stream interests on four producing properties and three development-stage properties. It has investments in stream interests relating to Pueblo Viejo, Andacollo, Wassa and Prestea, and Rainy River. As of June 30, 2016, the Company owned royalty interests on 34 producing properties, 21 development-stage properties and 131 exploration-stage properties, of which it considered 50 to be evaluation-stage projects.