NEW YORK, March 2 (Reuters) - Shares of Royal Gold Inc. (RGLD,Trade), which acquires and manages precious-metal royalty interests, appear overvalued as they trade at 65 times earnings and 30 times trailing sales, financial newspaper Barron's reported.
Assuming gold prices remain constant at $350 an ounce and using discounted cash flow models, Denver-based Royal Gold's share price is worth only $4.59 a share, Barron's reported, citing a source familiar with Royal Gold but short on its stock.
At $400 an ounce for gold, the company would be worth only $5.14 a share, Barron's reported, citing the source.
The company's stock closed at $19.45 a share on Nasdaq on Friday. Royal Gold did not immediately return a call seeking comment.
Hoje a RGLD caiu cerca de 33%.... no comments... acho que outro analista vai "desaparecer"...lol
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