​The gold rush is back on Royal Gold Inc. Gold miner’s share price rose by just over 28% last month. That brings the full-year rally to over 90%, but from the mid-January ‘16 lows, the stock is up even more at just over 150%. Read more about this interesting share and if this would be an interesting addition to your portofolio?
Royal Gold acquires and manages precious metal streams, royalties and similar interests. The company acquires existing stream and royalty interests or finances projects that are in production or in the development stage in exchange for stream or royalty interests. A metal stream is a purchase agreement that provides, in exchange for an upfront deposit payment, the right to purchase all or a portion of one or more metals produced from a mine, at a price determined for the life of the transaction by the purchase agreement. Royalties are non-operating interests in mining projects that provide the right to a portion of revenue or metals produced from the project after deducting specified costs, if any.
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